Bitcoin grabs bid liquidity as BTC price dip targets include $113K

Bitcoin price action targets waiting $117,500 liquidity in a volatile Wall Street open, while record open interest sparks warnings of crypto market “froth.”

Key points:

Bitcoin dives more than 2% from its $120,000 daily high to swipe bid liquidity in an anticipated move.

Market projections nonetheless see a deeper retracement coming.

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