$BTC Update
Drop: $BTC slipped 2–3% after heavy selling.
Profit Taking: Many traders booked gains, slowing momentum.
Fed Impact: Lower interest rates help BTC, higher ones hurt.
Big Buyers: Institutions are still stacking BTC (one deal added ~5,800 coins).
Unclear Rules: Regulation is still shaky, causing short-term swings.
Risks
Falling below $111k–$112k could mean more selling.
Bad news on inflation, strong dollar, or strict rules could push $BTC lower.
Positive Signs
A strong move above resistance could fuel a rally.
Clear, friendly regulations would boost confidence.
Lower interest rates and better economic data would support growth.
