Bitcoin crumbles below $109K, but data shows buyers stepping in

Bitcoin price tumbled toward new lows below $109,000 and while charts suggest the sell-off is far from over, data shows spot buyers accelerating their accumulation.

Key points: 

Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. 

Liquidation heatmat data suggests the sell-off could extend to $107,000.

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