🚨 Bitcoin Dips — Is the Bull Run Over or Just Taking a Breath? 🚨

$BTC has slipped to around $116.5K after flirting with $123K earlier this week. For 18 days, it’s been stuck between $115K–$121K, a clear sign of market hesitation. 📉 Traders are waiting for clarity on macro policy and liquidity before making big moves.

The global crypto market cap dropped 6% in 24h to $3.85T, yet trading volume spiked to $180B — volatility is here. ⚡ Altcoins are enjoying capital rotation, but BTC is feeling the heat going into August.

📊 Why the drop?

The Fed’s latest FOMC minutes crushed hopes for quick rate cuts. Fed Chair Powell signaled a “hold” stance, pushing risk assets lower. On-chain data shows a liquidity hunt — short positions stacking above $120K, longs at risk below $115K. Big sell walls at $121.1K and buy orders near $111K add pressure.

💡 The silver lining?

Corporate buying is strong — 3 companies are adding BTC daily with a 100:1 buyer-to-seller ratio. Spot Bitcoin ETFs pulled in $641M since late July. The Reddit crowd? They’re calling it a normal BTC dip before the next leg up. 🚀

This might just be Bitcoin being Bitcoin — shaking out weak hands before the next move. 📈