3 hours ago

Bitcoin Price Faces Bearish Pressure, Could Drop Below $112K: Expert

TLDR: Bitcoin price broke below $115K after rejecting $122K resistance before reclaiming $116K, signaling potential further correction. On-chain data shows liquidity gap between $112K and $108K, heightening downside risk for BTC. Accumulation Trend Score drops to 0.20, suggesting holders are redistributing rather than accumulating. Weekly consolidation near $115K keeps long-term bullish trend intact above $109K [...]

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Source: Blockonomi →