Bitcoin (BTC) Price: Data Shows $110K Support Level May Be Tested After 7% Pullback

TLDR Bitcoin experienced a 1.9% dip to $114,707 following $3 billion in realized gains on August 16 On-chain data shows $116,963 is Bitcoin’s largest cost-basis cluster (3.61% of supply) Bitcoin’s Accumulation Trend Score dropped from 0.57 to 0.20, showing reduced buying interest Fed rate cut expectations for September decreased from 80% to 73% Some analysts [...]

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