📊 Is $BTC repeating path to $75K?

Bitcoin is kicking off August with uncertainty. After dipping below $112K last week, BTC has bounced back toward $114K–$116K, but traders are split: is this just a pause, or the start of something bigger?

💡 What’s Happening:

~ Price Range: $BTC / USDT is bouncing between $112K and $116K

~ Volatility Still Low: Historically, Bitcoin moves 10%+ in a month, this time, we’ve only seen ~3.6% so far.

~ Liquidity Clusters: Analysts are eyeing $116,500 as a magnet level, where many short trades may get liquidated.

📉 Is This a Repeat of January?

Not likely. Back in January, BTC reversed hard after hitting highs, but current market structure looks different:

• Support around $110K may hold

• Fed rate cut expectations in September could provide a bullish boost

• Long-term demand from whales and institutional players is still strong

🏦 Macro Factors to Watch:

• Fed Policy: Rate cuts are back on the table, which could shift liquidity into risk assets like crypto

• Investor Behavior: Despite recent dips, long-term holders are still accumulating. Over 160K #BTC has been added in the last 30 days.

🚨 Practical Take:

BTC isn't collapsing , it's recalibrating. A clean break above $116.5K could open the door for a new leg up. But if $110K fails, expect heavier pressure. Either way, volatility is brewing, and August could bring real movement.