Bitcoin News Today: Bitcoin Faces $106K-$115K Resistance Zone: Upcoming Move May Redefine Crypto's Trajectory

Bitcoin Stuck in Narrow Band: Liquidity Map Reveals Crucial Levels at $115K and $106K

Bitcoin (BTC) is currently experiencing a significant period of sideways trading near $108,000, as both traders and market observers keep a close eye on essential support and resistance zones that could determine the next substantial price swing. Over the past several weeks, the digital asset has fluctuated between $107,000 and $114,000, with technical signals suggesting a delicate standoff between bulls and bears. According to data from Coinglass referenced by

, a surge above $115,000 or a drop below $106,000 could unleash major liquidity events, with estimates of $1.696 billion in short liquidations above $110,000 and $1.3 billion in long liquidations below $106,000.

Market technicians emphasize the significance of Bitcoin’s standing in relation to key moving averages. Although the 50-day and 200-day moving averages are still signaling “buy” on indicators like the MACD, BTC’s price remains under these averages, indicating a lack of strong bullish drive, according to a

. The support region between $101,000 and $106,000 has proven resilient during recent declines, but a clear break could lead to a sharper pullback toward $100,000. On the other hand, if Bitcoin manages to rally above $115,000 with convincing trading volume, it could confirm a continuation of the broader upward trend, as projected by a .

The “golden cross”—a bullish technical pattern where a short-term moving average overtakes a long-term one—is also attracting attention on the 3-day chart. Should this pattern be validated, it may further strengthen positive sentiment, especially as institutional investments and ETF interest continue to underpin Bitcoin’s fundamentals, as highlighted by Crypto.news. However, analysts at Standard Chartered warn that ongoing U.S.-China trade disputes and wider economic uncertainty could push

below $100,000 in the near term, before a potential rebound to $150,000–$200,000 by the end of the year, according to a .

Institutional involvement is also transforming the market. T. Rowe Price’s recent application for an Active Crypto ETF—a multi-asset fund holding 5–15 cryptocurrencies, including

and Ethereum—demonstrates increasing mainstream adoption, as noted in a . This comes after a rapid expansion in crypto ETF assets, which have now surpassed $173 billion since their approval in 2024. Meanwhile, JPMorgan analysts observed that CoreWeave’s $20.40-per-share purchase of Core Scientific establishes a “valuation floor” for Bitcoin mining companies, though similar deals are expected to remain rare, according to a .

As for Ethereum (ETH), it is consolidating in the $3,800–$4,000 range, with experts highlighting its growing influence in tokenized assets and decentralized finance as foundational support. Despite short-term bearish momentum, the 36 million ETH staked reflects its attractiveness to long-term investors, as reported by FinanceFeeds.

The spotlight on Bitcoin’s price extends beyond technical analysis. LivLive ($LIVE), a token focused on utility and lifestyle applications such as AR quests and wearable technology, has emerged as a top contender for “best crypto to invest this week,” capitalizing on Bitcoin’s positive momentum to draw in new users, according to a

.

As the crypto sector faces this pivotal moment, market participants are encouraged to keep an eye on major price levels and liquidity concentrations. A breakout above $115,000 could spark a fresh bull run, while a fall below $106,000 might challenge deeper support. With institutional capital, ETF activity, and macroeconomic trends all in play, Bitcoin’s upcoming moves could reshape its path as 2025 draws to a close.