Bitcoin traders target downside liquidity after key price supports crumble: Is $107K next?
Bitcoin slips under $111,500 as $280 million in leverage long positions are liquidated, but key support levels may decide if BTC rebounds or risks a deeper breakdown.
Key takeaways:
Bitcoin dipped below $111,500, testing a major daily demand zone.
Spot demand remains strong, keeping the market structure broadly in favor of bulls.