#BTCWhaleMovement Bitcoin price taps $110,000, but low spot buying demand suggests the upside could be limited.

High retail FOMO and a near-overbought RSI signal a potential BTC price correction.

Bitcoin 

BTC

$108,026

 price has formed a series of lower highs and lower lows in the 1-hour time frame since reaching a three-week high of $110,300 on Wednesday. 

As the end of the week approaches, BTC price has failed to break above the all-time high at $112,000.

$BTC