Bitcoin briefly fell below $110,000 today are we seeing the start of a bigger correction? Traders are ramping up hedging strategies as U.S.-China trade tensions escalate, but how much further could this dip go?
Options data shows a surge in puts at key support levels between $104K and $108K is the market signaling more downside ahead, or just a short-term scare?
Earlier this month, geopolitical and economic shocks triggered one of the largest crypto sell-offs in history, wiping out billions could history repeat itself, or is Bitcoin about to rebound stronger than ever?
Even though Bitcoin bounced back to around $112,000, caution remains high. Are traders overreacting, or is this the calm before a storm in the crypto markets?
What do you think? Is Bitcoin taking a breather before its next surge? Or is this just the beginning of a period of heightened volatility?
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