📉 Why is Bitcoin falling? Coincidence or a warning signal?
BTC sharply dropped to $116K — and this is not just a local profit-taking. The oldest “whales,” "as I mentioned in my previous posts," holding bitcoins since the Satoshi era entered the market. Galaxy Digital transferred over $9 billion BTC to exchanges — and this created a chain reaction of sales.
At the same time, profits were taken after the high of $123K, and a long squeeze occurred in the futures: thousands of longs were liquidated.
📌 This was intensified against the backdrop of:
– expectations of tough rhetoric from the Fed
– uncertainty regarding the Crypto Act / Clarity / Genius bills
But the market quickly bounced back. This is a hint: the demand structure remains strong, and even amidst massive sell-offs, BTC holds its ground.
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Conclusion: This is not just a "correction over the weekend." This is a real test of market resilience before autumn. We are watching the levels of 112-115k
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