Bitcoin’s $106K Support Remains Strong, Bulls Target $114K Liquidity Zone Breakout

Bitcoin displays bullish momentum after overcoming resistance at $106,000, now consolidating above this level as it aims towards the $114,000 mark. Analysts credit expanding DeFi applications and increasing institutional interest for the current price surge. Notably, liquidations are predicted to occur within a $112,000 – $114,000 range, potentially leading to sharp upward volatility as short positions face stop-out triggers in a strong market structure.