Bitcoin May Extend Rally After Clearing $109,500–$110,000 Liquidity Zone, Traders Eye $115K Resistance

• Bitcoin cleared a major liquidity zone at $109,500–$110,000, opening room to $115,000 and possibly $120,000.

• Key macro catalysts this week include U.S. producer and consumer inflation data that could swing crypto markets.

• Corporate accumulation continues: recent disclosed purchases and treasury builds show sustained institutional demand.

Bitcoin liquidity zone breakout — Bitcoin price eyes $115K resistance and $120K target; read latest market context and trade considerations.

What does Bitcoin’s break above the $110,000 liquidity zone mean?

Bitcoin breaking above the $109,500–$110,000 liquidity zone suggests liquidity above prior congestion has been absorbed and short-term sellers have been squeezed, improving the odds of a move toward $115,000. Momentum and order-book depth will determine whether the next leg aims for $120,000.

How could U.S. inflation reports influence Bitcoin price this week?

U.S. inflation data (producer and consumer reports) can shift risk appetite and dollar strength quickly. If inflation surprises to the upside, risk assets like Bitcoin could see volatility and potential short-term pullbacks. Conversely, dovish surprises may support further gains as yield and dollar pressures ease.

How is on-chain liquidity shaping the recent BTC move?

Order-book heatmap metrics from on-chain analytics providers show concentrated liquidity around $109,500–$110,000, which acted as a magnet for price and stops. Once that zone cleared, bid-side depth thinned near current prices, allowing momentum to carry BTC to intraday highs above $112,000.

What technical patterns support a continuation to $120,000?

On the hourly chart, a developing inverse head-and-shoulders pattern is visible, a classic reversal setup. If the neckline near $115,000 is taken with volume, measured move targets approach $120,000. Traders should watch volume confirmation and daily SMA 50 for conviction.

Who is accumulating Bitcoin and what does that imply?

Recent corporate disclosures show increased accumulation. South Africa’s Altvest Capital Ltd. intends to raise $210 million for Bitcoin treasury purchases, reflecting regional corporate adoption interest. Separately, Metaplanet disclosed a purchase of 136 BTC for $15.2 million and reports significant year-to-date BTC yield figures, underlining continued institutional accumulation trends.

How should traders manage risk after the liquidity break?

Manage risk with defined stop levels below newly cleared liquidity (e.g., below $109,500) and scale position sizes. Use tiered profit-taking near $115,000 and $120,000. Monitor macro data and order-book liquidity restores that could reverse short-term momentum.

Frequently Asked Questions

What short-term targets should traders watch after the breakout?

Watch $115,000 as the immediate resistance and $120,000 as the pattern-based upside target if momentum and volume confirm the move. Use intraday order-book and SMA levels for timing.

How large is recent corporate accumulation?

Reported corporate moves include a $210 million raise intention by Altvest Capital Ltd. and Metaplanet’s recent 136 BTC purchase for $15.2 million, underscoring ongoing institutional interest and balance-sheet buying.

Key Takeaways

• Liquidity break: Clearing $109,500–$110,000 removed a major concentration of orders and enabled a push above $112,000.
• Resistance levels: $115,000 (near SMA 50) then $120,000 are key short-to-medium-term targets.
• Macro drivers: U.S. inflation data this week could rapidly alter volatility and directional bias.
• Institutional demand: Corporate accumulation continues, reinforcing medium-term structural demand for BTC.

Conclusion

Bitcoin’s move above the $109,500–$110,000 liquidity zone is a meaningful technical and on-chain event that improves the probability of testing $115,000 and potentially $120,000. Traders should combine technical confirmation with macro monitoring, keeping risk management central to any position. COINOTAG will continue to monitor on-chain liquidity and institutional disclosures for further developments.