Bitcoin price dip hinges on $114K as markets shrug off US-EU trade deal

Bitcoin joins US stocks in ignoring a trade deal with the EU as traders turn to the Fed's Jackson Hole event and key BTC price support and resistance levels.

Key points:

Bitcoin has a new make-or-break price point to monitor into the weekly close: $114,000.

Bid liquidity lines up below local lows as BTC market structure risks looking “weak.”

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