🔍 Summary and Brief Recommendation
Aspect Analysis
Price trend in dropping momentum, below $115k, in $112k support zone
Risks Potential profit booking, Fed policies, regulatory concerns
Opportunities Growing influence of ETF investment, strong main market infrastructure
If the price fails to sustain the favorable support at $112,000, it could go down to $110,000–$104,000.
On the other hand, if the bulls can maintain ETF inflows and positive trends, a return to $120,000–$123,000 is possible.
Bitcoin is seeing a slight decline today. Although institutional interest is solid, profit booking and potential regulatory concerns could put pressure on the price in the future. It is important to be cautious and pay attention to support levels for now.$BTC