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📊 #Bitcoin market update
🛒 Retail traders are continuously "buying the dip" on spot & futures, believing that BTC will soon recover to $117K–$118K.
🐋 But whales & organizations are still selling off billions of USD, creating pressure that keeps prices stuck in a short-term downtrend.
💰 Data shows that BTC is absorbing liquidity around $111K–$110K, while the next large order cluster is in the $104K–$105K region.
⚖️ Which scenario comes first: a bounce up to $118K or a retest of $105K?
#BTC Crypto #Web3 Bitcoin