Bitcoin price drop to $114K possible as BTC whales take profits

Bitcoin price drop to 4K possible as BTC whales take profits

Bitcoin is at risk of a deeper correction to fill the CME futures gap down to $114,000, fueled by profit-taking by whales.

Key takeaways:

High whale activity on Binance and profit-taking by long-term holders may increase selling pressure and volatility.

Bitcoin could potentially drop to fill the CME gap below $115,000.

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