📉 What’s Happening with $BTC ? Quick Market Recap
Bitcoin has recently pulled back to ~$104,800, down ~1.4% in 24h. Here’s what could be behind the move:
🔸 Large liquidations: $600M+ in long positions wiped out.
🔸 Outflows: Spot $BTC ETFs saw net outflows of $385M.
🔸 Global uncertainty: Investors de-risking amid macro tensions.
🔸 Technical rejection near $110K level.
📊 Still, long-term fundamentals remain solid. Some see this as a healthy correction before the next leg up.
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🧠 Not financial advice. Just a quick look at market data and trends.