On July 15, over 80,810 BTC flowed into exchanges, amounting to 9.4 billion USD. Bitcoin corrected 4.9% from its high of 123,203 USD to 117,143 USD, facing resistance at 117,293 USD.
Key support levels are identified at 107,000 USD to 109,000 USD, with a potential 8% drop possible if Bitcoin fails to reclaim previous resistance. Accumulation zones may serve as support for dip-buyers.
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