šØ Bitcoin Downtrend Alert šØ
Bitcoin recently touched a new all-time high near $124K, but signs of a correction are flashing:
š Current price: ~$116K (already off recent highs)
ā ļø September has historically been a weak month for BTC, with frequent market pullbacks.
š° Profit-taking by institutions could trigger more downside pressure.
š Technical charts show BTC struggling to hold key support zones.
š While the long-term narrative for Bitcoin remains bullish, short-term volatility could drag prices lower before the next major move. Traders should stay cautious, set stop-losses, and avoid chasing pumps.
Do you think Bitcoin will dip below $110K soon? ā¬ļøš