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09/04 08:19

Has Bitcoin Nosedive Begun? Here’s Why the BTC Pri

Has Bitcoin Nosedive Begun? Here’s Why the BTC Price is Down Today & Here’s Where it May Reach!

Bitcoin has entered a sharp corrective phase, shedding over 2.5% in the past 24 hours amid intense selling pressure and heightened volatility. The downturn follows a significant liquidation event triggered by large institutional offloading, with prices slipping below critical short-term levels. As July nears its monthly close, Bitcoin’s inability to reclaim momentum above $118K raises the likelihood of a deeper pullback. If bearish pressure persists, BTC price could slide toward the $112K–$110K zone before stabilising.
Now the question arises whether the Bitcoin price will trigger a recovery back above $119K ahead of the monthly close, as it seems to be extremely important for a potential rebound toward the $124K to $126K range. 
The Bitcoin price has dropped nearly 3% in the past 24 hours, facing a sharp..

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