📉 Bitcoin breaks the support of $120K… what now?
In the last 24 hours, BTC fell by nearly 1.2%, settling below $118,000 USD.
An expected technical correction, but it is starting to raise concerns: if it loses the support of $116K, analysts warn that we could see prices around $110K in August. 📉
🔍 What is happening?
• Lower institutional volume this week
• Investors taking profits after the previous rally
• Increased capital rotation towards ETH and altcoins
💬 But the big question is:
👉 Are we facing a simple pause in the bullish trend,
or the start of a deeper correction?
👇 Respond in the comments:
🔘 “It's just a correction, I'm still HODL”
🔘 “I expect $110K to enter strong”
🔘 “Fear is starting... I'm getting out for now”
