🚨 Bitcoin Crashes 5% — $110K Is Now the Critical Support!

> ❝ Is August Turning Bearish Again for $BTC ? Here's What the Data Tells Us ❞

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🔹 Current Status: Bitcoin tumbles from ~$118K to ~$112K as August begins.

🔹 Historical Trend: August is historically one of the worst months for BTC — 8 out of last 12 years saw negative returns.

🔹 Key Support: Analysts say $110K is now make-or-break. Holding it = bullish hope. Losing it = deeper fall.

🔹 Major Risk: If $110K breaks, BTC could plunge toward $99K, aligned with the 200-day moving average.

🔹 Expert Take:

Tony Sycamore from IG Markets explains:

> “$110K–$112K is crucial. If BTC holds this range, $125K could be back on the radar. Otherwise, brace for sub‑$100K.”

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💡 Why This Matters to You:

🔸 If BTC holds $110K — expect possible rebound toward $125K

🔸 If BTC breaks $110K — correction likely down to $99K zone

🔸 Smart traders are watching volume and ETF flows like hawks

🔸 August dip could be a buying opportunity — but only with confirmed support!

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📊 Quick Summary:

– 📉 Drop: 5% in early August

– 🔍 Key Level: $110K

– 💥 Resistance: $125K

– 🧨 Danger Zone: Below $110K = $99K risk

– 🧠 Strategy: Observe, don’t FOMO. Smart entry > blind entry

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✅ Final Thought:

Bitcoin stands at a psychological and technical crossroads.

$110K isn’t just a number — it’s the gatekeeper to either recovery or deeper correction.

Stay alert. Watch the charts. Trade smart.

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📢 #BitcoinNews #BTCUpdate #CryptoAnalysis #bitcoincrash #BTCBearishAugust