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Analyst: Bitcoin Could Temporarily Dip to $115,000 to Test Support Level

By: theblockbeats.news|2025/07/22 14:52:15

BlockBeats News, July 22nd, according to Cointelegraph, as Bitcoin has surged to $122,000 absorbing most of the obvious selling pressure, analyst AlphaBTC warned that the Bitcoin price may briefly dip to $115,000 to test the support level.

Bitcoin's liquidity heatmap shows that the order book is prepared for this, with buy orders concentrated between $115,000 and $116,100.

A whales 3x leverage PENGU short position was liquidated, with a loss of 13.16 million US dollars, and a 2x leverage PENGU short position was reopened

Deutsche Bank: The cost of tariffs is borne by Americans themselves, and the dollar faces downward pressure