Bitcoin Slips to $110K – Buying Opportunity or Risk Zone?
$BTC has revisited the $110K level, sparking mixed sentiment in the market. Some traders see panic, while others spot potential upside.
Following a rally toward $124K, Bitcoin is now retracing, raising the debate: is this a normal cooldown or the beginning of a larger correction?
Currently, $BTC is trading around $110,004, with a key support range between $108K–$110K. Holding above this zone could fuel a rebound toward $114K–$118K. However, if support fails, price may extend losses toward $106K.
The real question is: will you treat this dip as an entry point or wait for deeper levels?