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BTC is down, it's a good time to buy 🛒🛍️
• Significant Correction: Bitcoin corrected from its all-time high of $124,457 (August 14) to the range of $112,693-$113,659 (August 19-20)
• Key Support Zone: The level of $112,000-$113,000 is attracting investor attention with $378M in liquidations ($291M from long positions)
• Regional Divergence: Positive capital flows in Asia (+799.23) contrast with outflows in Europe (-1472.47) and America (-2641.25)
• Mixed Signals: ETF outflows and selling pressure are being countered by institutional accumulation (DDC Enterprise adds 100 BTC)
• Technical Re-adjustment: The RSI approaches neutral territory while the MACD shows initial signs of recovery
• Ecosystem Strength: Ongoing development in Layer 2 and the expansion of utilities provide fundamental support despite short-term volatility
$BTC
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