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📉 Bought the Dip? These Metrics Say $112K BTC Was Local Bottom Bitcoin dropped from ~$118,000 to ~$111,500, but multiple indicators suggest this may mark a local bottom. Key takeaways: Positive Coinbase Premium Index shows strong US retail demand — even as BTC slid around 4%. Institutional demand remains solid: ~$977M flowed into BTC investment products in one week. Spot Bitcoin ETFs & treasury firms are accumulating aggressively. Sell-side pressure from shorts is present, but the downside risk from liquidations seems to be diminishing. 🔮 Bottom line: ~$112,000 may act as a strong support zone — making further major drops less probable, barring large external shocks. #Bitcoin #BTC #Crypto #Binance #Markets #BuyTheDip #CryptoAnalysis #InstitutionalDemand
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🚨 Market Alert (Sep 22): Big Liquidations Shake BTC, Altcoins in Peril 🚨 Bitcoin just took a heavy hit — $1.62B in long positions liquidated in 24 hours, the biggest since start of the year. Bulls are under pressure. Here’s what to watch: BTC: Support holds around $107,000, resistance ~ $117,500. Break out = run toward ~$124,000; breakdown = drop toward $100,000. ETH: Broke the symmetrical triangle to the downside. Key support ~$4,060. Resistance sits near the 20-day EMA at ~$4,442. Watch for moves between ~$3,745–$4,957. XRP: Aggressive buying near $2.69 support. Upside if it breaks downtrend line — could shoot to ~$3.40. If not, it risks a fall toward ~$2.20. BNB, SOL, ADA, DOGE… All testing support zones. Major resistance ahead. Any bounce could be short-lived if sellers jump in. 🔥 Why this matters for you (Binance traders): High-leverage positions got hit hard — volatility is real. Opportunistic entry points may open up if key supports hold. With potential rate cuts and macro shifts, Q4 might flip the script. ⚡ Trade smart: watch your levels. Keep stops tight. Don’t FOMO.
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