Bitcoin is trading around $112,900, having dropped 2–3% in the past 24 hours amid a broader market pullback. The price recently touched highs near $115,600 before retracing, suggesting consolidation around current levels. Despite the correction, investor sentiment remains cautiously optimistic, supported by expectations of rate cuts and continued institutional interest.For on-demand analysis of any cryptocurrency, join our Telegram channel.Bitcoin Next TargetPrice: $112,900Market Cap: $2.25 trillion24-Hour Trading Volume: $61 billionCirculating Supply: 19,923,296 BTCTotal/Max Supply: 21,000,000 BTCThe next expected price action.Buy NowKey Indicators & Market SignalsSignificant liquidation event ($1.5 billion) occurred, causing drops toward $111,000 before partial recovery.Resistance around $115,600; support near $111,600.Funding rates and leverage appear elevated, increasing risk of further short-term volatility.Long-term outlook remains favorable with institutional demand and macro trends offering tailwinds.Latest News HighlightsMarket saw mass liquidations across many crypto positions, especially among leveraged longs.Bitcoin nearly slid to ~$111,000 in the correction before getting bought up.Analysts note that despite the drop, Bitcoin is still up strongly year to date, making the pullback look more like a healthy consolidation.For on-demand analysis of any cryptocurrency, join our Telegram channel.8 Best Audit Management Software Bitcoin (BTC) Planning to Breach $70k: Buy Now?XRP Crypto Presenting a Good Buying Opportunity:20% Gains Likely!Wolfx Crypto Signals Review: Unraveling the Reality