🔻 #Bitcoin dropped to ~$109K, marking its lowest levels since July. What’s driving the sell-off?
1️⃣ Fed uncertainty: fading hopes of rate cuts weigh on risk assets.
2️⃣ Inflation fears: markets await PCE data, keeping traders cautious.
3️⃣ Whale moves: a $2.7B BTC transfer triggered ~$900M in liquidations.
4️⃣ Violent repricing: after months of rallies, a sharp correction was due.
Volatility is back on the table.
👉 Personally, I believe these moments, even if $BTC drops a bit more, are a golden opportunity for us “simple people.” It gives us a better entry price.
Do you see this as a buying opportunity or the start of a deeper correction?
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