BTC Drop Below: Today's Views and Analysis

#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

DMC-1,18%

PI-0,23%

XRP0,76%

BTC0,47%

ETH0,13%

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SBSomrat

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FluffyTheGreat

08-08 01:24

#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

SOL1,38%

XRP0,76%

GT0,09%

BTC0,47%

ETH0,13%

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ASH879

08-08 00:35

#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

BTC0,47%

IN-5,85%

ACT-4,54%

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CryptoCalling

08-07 18:04

#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

GT0,09%

ETH0,13%

BTC0,47%

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XSEAM

08-07 09:47

#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

BTC0,47%

IN-5,85%

ACT-4,54%

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GateUser-c6f3cee7

08-07 15:12

#BTC Drop Below 114 thousand Dollar - Has the bull ended or is it a buy out opportunity?
Bitcoin is currently trading at around $114,662.
Despite a small increase of 0.6% in the past 24 hours, the overall trend over the last week has been downward.
There has been a decline of about %7 since reaching a peak of $123,000 at the end of July.
Okay, what is behind this decline?
– Profit Realization: The market is witnessing a natural technical correction after the historical rise in July.
- Total uncertainty: U.S. labor force data and interest rate forecasts affect cryptocurrency markets.
– ETF wit

BTC0,47%

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GateUser-3902b4d1

08-08 00:16

#BTC Drop Below $114K – rising Bitti mi, Buying Opportunity?
Bitcoin is currently trading at around $114,662.
Despite a small increase of 0.6% in the last 24 hours, the overall trend in the last week is downward.
Since the peak of $123,000 reached at the end of July, there has been a correction of about %7.
So, what is behind this drop?
– Profit Realization: After the historic high in July, a natural technical correction is occurring.
– Macroeconomic Uncertainty: the employment data in the US and interest rate expectations are affecting the crypto markets.
– ETF Outflows: Some institutional

BTC0,47%

UMA2,81%

POR0,44%

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Bellamy_Jake

08-07 10:34

#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

BTC0,47%

IN-5,85%

ACT-4,54%

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