#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.
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.