🔎 Latest news on $BTC
📉 Observing the price action, Bitcoin is experiencing a correction of 1.33%. After a strong rally, the market is in a profit-taking and consolidation phase.
💡 According to CoinDesk, profit-taking is healthy and expected. Analysts are watching the $114,000 level as a key support zone. The ability to stay above it will be crucial.
📊 According to Glassnode, on-chain data shows that long-term holders are not selling during this correction, which is a sign of underlying strength. The selling pressure mainly comes from short-term traders.
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⚠️ Remember that everyone makes their own investment decisions and this content does not represent financial advice.
