Bitcoin’s repeat drop to $107,600 reflects broader market caution as miner outflows and macroeconomic pressures mount, but analysts still believe dips are for buying.
Key takeaways:
Rising demand for put options and miner BTC deposits highlights growing caution among traders despite price resilience near $108,000.
Analysts at Bitwise argue that deep drops in market sentiment often precede rebounds, framing the correction as a “contrarian buying window”.
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