Bitcoin – Why BTC’s ‘air gap’ at 117,000 USD could spark major market shifts

The current volatility of Bitcoin, gold, and the S&P 500 is at multi-month lows, suggesting major market swings may be imminent. Bitcoin’s recent price structure shows a critical air gap between 110,000 USD and 117,000 USD, highlighting the importance of these support levels.

Rising BTC-to-gasoline ratios indicate significant implications for cross-asset performance. As Bitcoin continues to hold steady, traders should closely monitor changes in this area to anticipate potential volatility and market disruptions.

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