$BTC 📉 Bitcoin has dropped to $114,188: Is this a correction or the beginning of a new decline?

⭐️ There is significant volatility in the crypto markets. Bitcoin has decreased by approximately 3% to the level of $114,188 in the last 48 hours. Is this pullback just a correction or the start of a new wave of decline?

• After the employment data released in the US, selling pressure on risky assets increased.

• The hawkish statements from Fed members have postponed interest rate cut expectations.

• It has been observed that crypto whales transferred large amounts of BTC to some exchanges.

🧠 In the short term, the support range of $112,000 – $110,000 is critical. If this area is maintained, an upward reaction may be seen. Otherwise, levels around $106,000 may come into play.

💬 Do you think this drop is a buying opportunity or should we be more cautious?

Let’s meet in the comments! 👇

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