Bitcoin drop to $108K possible as investors fly to ‘safer’ assets

Bitcoin price faces pressure as investors shift to bonds and gold, and risk aversion raises the chance of BTC falling to $108,000.

Key takeaways:

Rising demand for government bonds and gold underscores recession fears, limiting Bitcoin’s ability to sustain bullish momentum.

Correlation with equities remains high, but structural catalysts like Strategy’s S&P 500 inclusion could shift sentiment.

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