Trading King
08/20 14:35
Bitcoin’s drop below $113,000 reflects investors’ worries about the US economy, stock markets and crypto, but the volatility does not end BTC’s long-term bullish trend.

Bitcoin’s options market signals extreme fear, but historical patterns show potential for significant rebounds.
Global economic pressures from US trade tariffs negatively affected traders’ sentiment.
Bitcoin
fell below $113,000 for the first time in over two weeks, surprising traders and triggering the liquidation of $113 million in leveraged long positions. The sharp decline followed the $124,176 all-time high on Thursday, raising questions about whether the bull market is over as the macroeconomic environment grows more uncertain.
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