Bitcoin price drop to $113K might be the last big discount before new highs: Here’s why

Bitcoin’s $113,000 zone emerges as a critical support with new investors absorbing whale supply, hinting at one of the last discounts before new highs.

Key takeaways:

Bitcoin could retest the $111,000–$113,000 zone, mirroring the breakout structure seen in Q2.

The URPD metric shows 5.5% of BTC supply clustered between $110,000–$113,000.

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