Bitcoin’s Pivotal Surge: Traders Eye $114K Liquidity Target for BTC Price Rebound

Bitcoin stands at a critical juncture. The leading cryptocurrency recently stabilized around the $112,000 mark. Traders are now keenly watching for a potential BTC price rebound. Many believe a significant move could occur into the weekly close and the Bitcoin futures market open. This article explores the current market sentiment and technical indicators suggesting a powerful liquidity grab is imminent.

Bitcoin Price Poised for Rebound Amidst Market Volatility

Recent Bitcoin price action saw significant stabilization. This followed a turbulent period marked by a massive $19 billion crypto liquidation event. Despite this shock, market participants maintain a cautiously optimistic outlook. They expect stronger performance in the coming week. The focus now shifts to the upcoming weekly candle close.

Data from various sources confirms cooling volatility. However, analysts predict fresh movements. Trader Skew, for instance, noted the potential for a “relief bounce.” This bounce could coincide with the weekly open and futures open. These events often bring crucial market flows. Skew also advised caution for margin positions, especially in altcoins, given the current thin market conditions.

HTL-NL, another prominent trader, shared a balanced view. He suggested that while the market remains unpredictable, the risk of a severe crash is low. “Everything was poised for a correction anyways,” he stated. He added that the recent events merely amplified an expected downturn, leading to a “system break down.”

Understanding the $114K Crypto Liquidity Target

A key focus for many traders is the $114,000 area. This level represents a significant liquidity target. Trading resource TheKingfisher highlighted this potential “liquidation fishing” during weekends. Many traders have taken heavy short positions on BTC. Therefore, a move to $114,000 could trigger a cascade of short liquidations. This would propel the Bitcoin price even higher.

Liquidity refers to the ease with which an asset can be converted into cash without affecting its market price. In this context, a “liquidity grab” means the market moving to an area where many buy or sell orders (liquidity) are concentrated. When the price reaches these points, it can trigger rapid price movements as those orders are filled. For instance, a cluster of short positions around $114,000 creates an attractive target. If the price rises there, these shorts might be forced to cover, fueling further upward momentum.

The chart below illustrates BTC/USDT order-book liquidity data, indicating where these clusters lie. BTC/USDT 15-minute chart with exchange order-book liquidity data. Source: TheKingfisher/X

Expert Bitcoin Market Analysis Points to Uptrend Resilience

Caleb Franzen, creator of Cubic Analytics, offers a particularly bullish Bitcoin market analysis. He emphasized Bitcoin’s interaction with its 200-day simple (SMA) and exponential (EMA) moving averages. He believes a brief decline below the 200-day MA cloud is “completely normal.” Historically, such dips precede a reclaim and continuation to new highs. This pattern was observed in:

• August-September 2023
• July-September 2024
• February-April 2025

This historical context provides a strong foundation for his optimistic outlook. Even if prices fall further, a higher low on daily timeframes would maintain the overall uptrend. Franzen stressed that uptrends are defined by higher highs and higher lows. Consequently, current consolidations have not invalidated this fundamental structure. BTC/USD one-day chart with 200SMA, 200EMA. Source: Crypto News Insights/TradingView

Is the Bitcoin Bull Market Still Intact?

Despite recent volatility, the consensus among many analysts is that the Bitcoin bull market remains intact. Franzen highlighted a crucial point: “While we must accept that bearish things can happen during uptrends… it’s also vital to accept that being bearish during an uptrend is a great way to lose money and/or underperform.” This perspective underscores the resilience of Bitcoin’s long-term trajectory. Corrections are a natural part of any healthy market cycle. They often serve to shake out weaker hands and consolidate gains before the next leg up.

The recent $19 billion liquidation event, while impactful, did not fundamentally alter the broader market structure. Instead, it provided a necessary reset. Traders are now looking for confirmation of this resilience. The $114,000 target is not just a price point; it represents a psychological and technical barrier. Breaking it could signal renewed confidence and accelerate the upward momentum. The overall sentiment remains positive for a continued ascent. BTC/USD one-day chart with RSI, Stochastic RSI data. Source: HTL-NL/X

Conclusion: Navigating the Path to a BTC Price Rebound

Bitcoin’s current position near $112,000 sets the stage for potentially significant moves. The prospect of a BTC price rebound towards the $114,000 liquidity target is exciting. This outlook is supported by expert Bitcoin market analysis and trader sentiment. While market volatility is inherent, the underlying strength of the Bitcoin bull market appears to persist. Investors and traders should closely monitor the weekly close and futures market open. These events often provide key directional cues. Always conduct thorough personal research before making any investment decisions. This article does not contain investment advice or recommendations. Every investment and trading move involves risk.