Essential points:
-
Bitcoin makes a late recovery into the weekly close as its value nears significant liquidation levels.
-
Traders and experts highlight different critical price areas to regain next.
-
Fluctuation is anticipated due to substantial trading activity, according to analytical reports.
Bitcoin (BTC) climbed past $119,000 on Sunday as buyers extended a rebound from recent two-week lows.
Bitcoin price fluctuations return at weekly close
Data from Cointelegraph Markets Pro and TradingView revealed BTC/USD nearing a significant reclaim zone.
Now striving for a daily close above its 10-day simple moving average, the pair retained a rebound from around $114,500 as the market overlooked one of the most substantial BTC sales ever.
The increase arrived with the announcement that the US and China had agreed to postpone the implementation of reciprocal trade tariffs.
🇨🇳🇺🇸 BREAKING: China and the US have consented to extend their suspension on tariffs for another 90 days. pic.twitter.com/Vld9KlDHd8
— Cointelegraph (@Cointelegraph) July 27, 2025
Market participants thus centered on the crucial levels to consider as the new week approaches.
“$BTC must surpass $119.5K for a significant move. If that doesn’t occur, this consolidation will persist,” crypto investor and entrepreneur Ted Pillows summarized in a message on X.
“I believe BTC could overcome this level next month, kicking off the next upward leg.”
Well-known trader and expert Rekt Capital observed a slightly elevated range ceiling just beneath the $120,000 threshold.
“Bitcoin has Daily Closed above the blue Range Low, initiating a break back into the briefly lost Range,” he commented to his X followers along with a visual of the daily BTC/USD chart.
“Any dip into the Range Low (congruent with the new Higher Low) would serve as a retest attempt to validate the reclaim.”
Others cautioned that the price could still cover the daily downside wick left by the descent to $114,500.
In an X discussion on the matter, fellow trader CrypNuevo identified a downside target congruent with an area of exchange order-book liquidity.
Liquidation clusters: we’re presently situated between 2 liquidation clusters located at:
• $121k – $120k
• $114.5k – $113.6kConsidering similarities with historical instances, we could aim for the upper cluster first, then revert again to the lower one. It’s a range-bound atmosphere. pic.twitter.com/Z6XjzsVaKg
— CrypNuevo 🔨 (@CrypNuevo) July 27, 2025
“If we widen the view, we can observe that the principal liquidation level is at $113.8k,” he remarked.
“Therefore, I consider the lower liquidation cluster to be the logical target in the mid-term ($114.5k-$113.6k).”
Analyst anticipates “greater price fluctuations” next
The latest information from monitoring resource CoinGlass meanwhile places the “max pain” for BTC shorts at around $119,650.
Related: XRP wallet associated with Chris Larsen still has $9B to sell, analyst cautions
Should Bitcoin return to contend with all-time highs close to $123,000, short liquidations would exceed $1.1 billion.
“Robust resistance is forming around 119,000–120,000, as indicated by dense liquidation clusters,” crypto analysis platform Coinank concurred while assessing its own liquidity data.
Analyst TheKingfisher additionally issued a warning regarding increased volatility on shorter timeframes.
“Observing mostly red on the BTC GEX+ chart. This suggests traders are heavily short gamma, which may heighten volatility to hedge their positions,” he reported on X Sunday.
“Expect potentially more significant price fluctuations in the near future. Monitor these changes closely.”
This article does not provide investment guidance or recommendations. Every investment and trading decision carries risk, and readers should perform their own research before deciding.
