The volatility of Bitcoin has increased in recent weeks as the price fluctuated within a wide range. Despite the intervention of the downward trend, the price has been influenced by the upward trend by forming consecutive higher and lower levels.
With this, the upward trajectory of BTC prices remains quite high, keeping the target above at $90,000 activated. Meanwhile, traders remain uncertain and as a result, liquidity is almost evenly accumulating on both sides of Bitcoin.
The cryptocurrency market has risen amidst the chaos caused by Trump’s Liberation Day while Bitcoin shows resilience, hinting at a potential breakout. After a slight increase, the bears have started to actively push the price lower, causing it to fall back below $83,000.
The continuous change in this price trend seems to have raised skepticism among investors, thus liquidity has accumulated with leverage over 100 times at the levels of 80,000 dollars and 82,000 dollars.
Interestingly, data from Coinglass shows that the volumes are also nearly equal, indicating the potential for a liquidity shortage.
This accumulating liquidity indicates the potential for a breakout and collapse, while broader market aspects show that buyers are stronger than sellers. Recently, U.S. President Donald Trump announced a significant increase in tariffs on other countries, the highest since 1968. Traditional markets have plummeted and experienced a major pullback not seen since 2020.
These levels continue to fall while the price of Bitcoin, facing minimal downward action, has begun to recover. Moreover, the token is breaking out against the Nasdaq 100, which can be seen as a strong bullish signal for the entire cryptocurrency space.
The chart compares the performance of Bitcoin with Nasdaq 100, showing that this cryptocurrency surpassed the important resistance level of around 1.40 in 2021 and 4.50 in 2025. This signals stronger growth compared to technology stocks, indicating that the correlation between Bitcoin and Nasdaq100 has turned negative since the end of 2024. This suggests a potential market shift may be imminent, which could revive the strong upward momentum of Bitcoin (BTC) above $100,000 towards new highs.
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