Bitcoin dipped 0.55% to $115,744 today, extending its 7-day decline to 4.6% 📊. Technical indicators like Bollinger Band breakdowns and bearish MACD signals suggest short-term selling pressure, with $223 million in ETF outflows last week adding to the gloom 😟. Whale activity also raised eyebrows, as 12,000 BTC moved to exchanges, hinting at profit-taking 🐳. However, long-term optimism persists, with firms like MicroStrategy adding 430 BTC to their treasury, signaling confidence in Bitcoin’s future 🚀. The market’s focus is now on Fed Chair Powell’s upcoming speech, which could sway sentiment. If Bitcoin holds the $114,000 support, a rebound is possible; otherwise, a slide to $101,700 looms ⚠️. Despite the dip, Ethereum ETFs saw $133 million in inflows, suggesting capital rotation rather than a full retreat from crypto. Stay vigilant for macro triggers! 🔍
