🚨 Bitcoin at a Crossroads! 🚨
As i told you bitcoin $BTC saw $112k:
Bitcoin is trading near $112.8K, sliding almost 10% from last week’s highs 📉.
ETF inflows are slowing, sometimes turning negative 💸, while on-chain data shows mixed flows: some deposits signal selling, but dip-buyers are also active 🐳. Funding rates remain neutral ⚖️, suggesting no extreme leverage pressure.
Sentiment is still in Greed 😏, leaving room for another shakeout before strong recovery.
Key supports ❌❌❌
sit at $112K → $110K → $106K,
with resistance at $118K.
📊 If price closes above $118K, downside weakens; but fresh exchange inflows could push BTC lower.
Stay sharp, volatility rules! ⚡
✨ #Crypto #Bitcoin