# BTCDropBelow

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#BTC Drop Below $114K – Is the bullish trend over, or is it a buying opportunity?
Bitcoin is currently trading at around $114,662.
Although there has been a small increase of 0.6% in the last 24 hours, the overall trend in the last week has been downward.
Since reaching the peak of $123,000 at the end of July, there has been a pullback of around 7%.
So what is behind this decline?
– Profit Realization: A natural technical correction is occurring following the historic rise in July.
– Macro Uncertainty: US labor data and interest rate expectations are impacting the crypto markets.
– ETF Outfl
SOL7,59%
XRP3,66%
GT1,43%
BTC3,52%
ETH5,39%
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#BTC Drop Below $114K – Is the bullish trend over, or is it a buying opportunity?
Bitcoin is currently trading at around $114,662.
Although there has been a small increase of 0.6% in the last 24 hours, the overall trend in the last week has been downward.
Since reaching the peak of $123,000 at the end of July, there has been a pullback of around 7%.
So what is behind this decline?
– Profit Realization: A natural technical correction is occurring following the historic rise in July.
– Macro Uncertainty: US labor data and interest rate expectations are impacting the crypto markets.
– ETF Outfl
BTC3,52%
IN1,27%
ACT5,44%
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#BTC Drop Below $114K – Is the bullish trend over, or is it a buying opportunity?
Bitcoin is currently trading at around $114,662.
Although there has been a small increase of 0.6% in the last 24 hours, the overall trend in the last week has been downward.
Since reaching the peak of $123,000 at the end of July, there has been a pullback of around 7%.
So what is behind this decline?
– Profit Realization: A natural technical correction is occurring following the historic rise in July.
– Macro Uncertainty: US labor data and interest rate expectations are impacting the crypto markets.
– ETF Outfl
GT1,43%
ETH5,39%
BTC3,52%
  • Reward
  • Comment
  • Repost
  • Share
#BTC Drop Below $114K – Is the bullish trend over, or is it a buying opportunity?
Bitcoin is currently trading at around $114,662.
Although there has been a small increase of 0.6% in the last 24 hours, the overall trend in the last week has been downward.
Since reaching the peak of $123,000 at the end of July, there has been a pullback of around 7%.
So what is behind this decline?
– Profit Realization: A natural technical correction is occurring following the historic rise in July.
– Macro Uncertainty: US labor data and interest rate expectations are impacting the crypto markets.
– ETF Outfl
DMC0,89%
PI12,27%
XRP3,66%
BTC3,52%
ETH5,39%
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