Bitcoin has broken through a crucial liquidity zone, trading at $112,085, up 0.85% from its recent low of $109,993. The cryptocurrency surpassed the $109,500-$110,000 liquidity range, with traders now focusing on the next resistance level at $115,000, close to the daily SMA 50. A bullish inverse head-and-shoulders pattern on the hourly chart suggests a potential rise toward $120,000.
In related developments, South Africa's Altvest Capital Ltd. is set to raise $210 million to invest in Bitcoin, while Metaplanet has acquired 136 BTC for $15.2 million, marking a 487% yield year-to-date in 2025. Upcoming U.S. inflation reports may impact cryptocurrency market movements.
Bitcoin Surpasses Key Liquidity Zone, Targets $115,000
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