#BTC under pressure 📉
As I expected, Bitcoin has made a downward correction from the triangle towards the magnet of 114800.
At the moment, the bears are trying to push the price lower, towards EMA50 - 112k. In any case, I am confident that in this cycle, the price will not drop below 108000 per coin.
This drop allowed for purchasing on the spot at very good prices, possibly for the last time before the altcoin rally in September.
A rate decrease is coming in a month, ETF approval is also close, and the global positivity for growth hasn’t been canceled.
