$BTC 👈 Click and Trading
$BTC 👈 Click and get Better .
📉 Bitcoin Dips Below $113K – Market Shakeup or Buy Opportunity?
Bitcoin has dropped to around $113,000, slipping from recent highs of over $123,000 in mid-July. This decline is part of a broader crypto market correction.
🔍 Key Reasons Behind the Dip:
1. Profit-Taking at Highs
After hitting a new all-time high recently, many investors began locking in profits—triggering sell pressure.
2. Market Jitters Over U.S. Policies
News of new U.S. tariffs and global macroeconomic uncertainty has weakened investor confidence, especially in risk assets like crypto.
3. Massive Liquidations
Over $700 million in long positions (bets that BTC would rise) were liquidated. This created a cascading effect, accelerating the drop.
4. Technical Breakdown
BTC fell below its $115K support level, causing more traders to exit and further pushing the price down.
🧠 What Traders Are Saying:
Bulls: “A healthy correction—buy the dip.”
Bears: “This could lead to a deeper pullback if $110K breaks.”
📊 Quick Stats:
Metric Value
Current Price ~$113,000
24-Hour Change ~-1.2%
Weekly Performance ~-3.8%
All-Time High (July 2025) ~$123,000