Bitcoin Price Dips to Lowest in 7 Weeks—Is a Bounce Incoming?
Bitcoin is taking a breather today, trading near $111,278, following a dip below $110K—the lowest level in seven weeks. During this cool-off, over $101 million in leveraged long positions were liquidated.
Bitcoin Price Poised for Recovery After ETF Inflows
Despite the dip, optimism isn’t dead. BTC rose about 1%, hovering around $111,081, supported by surging ETF inflows. Trump’s political moves hinting at rate easing are also helping ease the risk-off mood.
Options traders are hedging too: $11.34B in BTC options are set to expire today, and the put/call ratio stands at 0.79, showing strong demand for downside protection.
Technically, analysts say BTC is approaching resistance near $116,200–$118K. If that level breaks, a trend reversal could be triggered. But a drop below $108K would signal deeper pressure.
Bottom line: While the Bitcoin price is wobbling, institutional demand, ETF inflows, and strong technical setups suggest that a rebound could be just around the corner.
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