$BTC Today, July 15, 2025, Bitcoin fell approximately 3-5%, falling from a record high above $123,000 to around $116-118k. This was primarily due to:
1. Profit-taking immediately after the peak, as many traders pressured the price.
2. Massive selling by Bitcoin "whales"; thousands of coins were moved to exchanges, increasing selling pressure.
3. Liquidation of leveraged positions worth hundreds of millions within a few hours.
Analytically, we consider the decline a "healthy correction" amid a strong uptrend. As long as the price maintains support at $115-116k, the uptrend is likely to resume soon.
