🚨 BlackRock & Ark Take Profits: Bitcoin Dips Below $114K

BlackRock and Ark 21Shares have sold off over $130M worth of Bitcoin, causing BTC to drop below $114,000. This triggered heavy liquidations and tested key support levels near $113.6K.

Why it matters:

Institutional movements often set the tone for the broader market. Strategic profit-taking here signals short-term caution but could also prepare the ground for a stronger rally if support holds.

BTC is under its 20- and 50-day EMAs (bearish), but still above the 100- and 200-day averages—this zone is critical for the next big move.

Do you see this as a buy-the-dip opportunity or a sign to wait for deeper corrections? 👇

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