Bitcoin ($BTC ) Drops Below $115K — $110K or Rebound Ahead? 📉⚠️📊

🚨 BTC plunged over 2.5% in 24h, slipping under key support as institutional selling and macro pressure mount. Reclaiming $118K is crucial for a bounce to $124K–$126K.

📉 Renewed Fed hawkishness delayed rate cut hopes, hurting crypto sentiment. ETF outflows and rising whale inflows hint at further sell-offs.

💥 Liquidations spiked as long traders got wiped out, accelerating the drop. If pressure continues, BTC could fall to $112K–$110K before stabilizing.

📊 Bollinger Bands are squeezing, signaling low volatility. RSI, OBV, and CMF all turned bearish—momentum is fading fast.

🕵️‍♂️ Weekend action will be key. Reclaiming $118K may trigger a rally above $120K. But losing $110K could open doors to a deeper correction.