Is Bitcoin heading to 107K next? Here’s why some analysts think so: 1️⃣ BTC is now trading under both the 50D (114.4K) and 100D (113.2K) SMAs. This serves as needed caution for the bulls 2️⃣ “Buy the dip” mentions on CT are spiking to 1-month highs. 3️⃣ The largest liquidity clusters are at 107K. Liquidity clusters are areas where a lot of limit buy and sell orders are sitting. And for several reasons, price often finds itself hitting these clusters, before moving onwards. Personally, I still think 112K holds. With stocks + gold at ATHs and Q4 around the corner, recovery looks more likely. However, I am keeping my leverage low, just in case I’m wrong.(Lark Davis)