🚨 Bitcoin Dips But Bulls Still in the Game?
Bitcoin dropped 4.6% today, currently trading near $103K, after briefly touching $108K.
The correction follows a strong PPI report and rate-cut speculation, triggering short-term volatility. 📉
Key Levels:
Support: $106K (short-term), $104.5K (critical)
Resistance: $110K–$111K zone
Despite the pullback, macro trends remain bullish:
USD down 9.1% YTD 🟢
Institutions accumulating again 🏦
ETFs still showing net inflows 📥
Analysts suggest BTC could consolidate between $106K–$111K before its next leg. Momentum indicators like RSI and MACD are cooling off—watch for a volume-backed reclaim of $108.3K to turn bullish again. 🧠⚡
Stay alert. BTC's long-term uptrend is intact—but smart entries matter.
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