3 hours ago
Bitcoin Price Analysis: Why Experts Warn BTC Could Drop Below $107K
TLDR: Bitcoin trades at $113,449, down 2.52% in 24h, with $40.1B daily volume, per CoinGecko. Short-term holders accumulated Bitcoin above $107K, increasing exposure to deeper losses if price breaks down. Analysts warn $107K breach could trigger heavy liquidations across multiple exchanges from leveraged long positions. Strong support seen near $111K–$112K, but failure to hold could [...]
The post Bitcoin Price Analysis: Why Experts Warn BTC Could Drop Below $107K appeared first on Blockonomi.
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