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📉 #Bitcoin Slips Below $111K
$BTC dropped 2.29% to $110,089 in 24h, hit by:
🐋 Whale dump – 24K BTC ($2.7B) caused $4K flash crash
📊 Tech breakdown – $116K support lost, RSI near oversold
🏦 Fed signals – Powell cooled hopes of fast rate cuts
Key levels:
Support: $109K, then 200 EMA at $100.8K
Resistance: $113.6K
👉 Next catalyst: Sept 12 CPI report
Nevertheless, the Rainbow Chart suggests it’s the perfect time to start buying the asset 😄
#PI #BTC #ETH #GateioInto11 #GT