According to Material Indicators (@MI_Algos), a one-year FireCharts order book and order flow analysis reveals substantial concentrations of BTC ask liquidity between $111,000 and $120,000, with significantly less bid liquidity below these levels (source: Twitter, June 11, 2025). This pattern suggests strong resistance for Bitcoin (BTC) in the $111k-$120k range, indicating that upward price movement may face heavy selling pressure in this zone. For traders, this data points to potential barriers for BTC bulls and signals caution for breakout strategies in the near term.