Trading King
08/29 03:49

Bitcoin’s price pulled back to $110,,000 this week after peaking near $124,500, sparking a wave of recalibration across markets. Analysts view the dip as part of a normal consolidation phase, with institutional inflows and the U.S. Strategic Bitcoin Reserve still reinforcing long-term support. Current trading volumes suggest strong buyer interest around $115K–$116K, levels many identify as critical accumulation zones.
Despite the pullback, sentiment remains upbeat. History shows that each major cycle features a shakeout after fresh highs before momentum resumes. This time, the challenge is scale. For Bitcoin to climb meaningfully higher, its trillion-dollar market cap requires extraordinary liquidity. That makes its upside steadier, but far less explosive than in its early years.
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