#BTCUnbound O Bitcoin Faces Pressure Below $114,000 – What Comes Next?⚡💸

$BTC

BTC

116,320

+2.16%

BTCUSDT

Perp.

116,234.4

+2.12%

Hello crypto community,

BTCUSDT continues to face pressure as the price drops below $114,000 during Thursday's trading session. Although there was an attempt to break through the resistance of $116,000, buying power remains weak, mainly due to decreasing demand from institutional investors.

A clear indication of this trend is seen in the ongoing outflows from Bitcoin ETFs listed in the US – just on Tuesday, $196 million was withdrawn, extending the losing streak to four consecutive days.

However, there is a glimmer of hope from Asia: SBI Holdings in Japan recently applied for approval for a dual-asset ETF that includes both BTC and XRP. This could be a sign of a new wave coming from the East.

On the chart, if BTC fails to regain the $114k – $116k range soon, the potential for further depreciation remains. But remember, deep corrections often provide an opportunity for big players to accumulate.

👉 What do you think of this correction? Will BTC maintain its position against selling pressure? Let me know your thoughts!

#BuiltonSolayer #BTCUnbound #BitcoinTreasuryWatch #BTCReserveStrategy #CFTCCryptoSprint