Bitcoin Price Prediction: Will Bitcoin Continue to Drop?
Bitcoin just dipped to around $107K, and if you’ve been following the charts closely, you’ve probably noticed how it played with those three support lows before sweeping liquidity right below them.
On the daily, the price respected the last key low that slightly touched the demand area.
That level is strong, not just because it’s holding, but because it previously manipulated liquidity around a trendline, trapping impatient sellers before bouncing.
Now, if you zoom into the M15, there’s a clean demand zone forming where BTC could react again.
If that plays out, the next move might be a liquidity grab above current highs before deciding its next real direction.
I’ve seen this kind of setup before: when everyone panics at the lows, the market quietly prepares for a move that leaves most traders behind.
Still, let’s stay real, nothing is ever 100% certain. The price can always do what it wants, and unpredictability is part of the game.
So for now, eyes on that M15 demand. If it holds, we might see Bitcoin go after those liquidity pools sitting above.
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My name is Francesco, I am a funded trader and I have a deep passion for forex, cryptocurrencies, and trading as a whole. I feel lucky, that I am able combine my skills with what I love. I'm very interested in factors driving price movements and enjoy uncovering the reasons behind them. My primary interests include Bitcoin, Altcoins, macroeconomics, and all related to trading.
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