🚨 Bitcoin Dips to 7-Week Low: What’s Next for BTC? 📉

Bitcoin took a hit, sliding nearly 4% to $108,556—its lowest since July 8—after heavy whale selling on Binance rocked the market. Over $530M in crypto liquidations in just 24 hours added fuel to the bearish fire, leaving traders on edge. 😬

But hold up—there’s a glimmer of hope! Analysts are eyeing a bullish RSI divergence, hinting at a potential bounce to $123,000 (+15%!). Trader Daan Crypto Trades called the $108K zone a “critical reversal area,” so it’s make-or-break time. If bulls can reclaim $112K–$114K, we might see some recovery vibes. 💪

September’s historically tough for BTC, and with fresh US inflation data (PCE Index) meeting expectations, all eyes are on the Fed. A rate cut is still on the table, but a strong US payrolls report could shake things up. 👀

Will Bitcoin hold $108K and rally to $123K, or are we headed for a deeper dip toward $100K? Let’s discuss! 👇 What’s your take on this wild market? #Bitcoin