Bitcoin Balances on the Edge

🟡Bitcoin once again came under pressure, dropping below $120K. Mass liquidations of long positions and growing interest in altcoins deepened the correction, while unexpectedly high U.S. inflation added to the negative backdrop. On Monday, BTC fell to $114,740 but managed to recover above $115K.
🟡Experts expect upcoming macroeconomic events — including the release of Fed minutes and Jerome Powell’s speech — to heighten volatility. According to Michaël van de Poppe, the current pullback could be the final correction before a surge toward $160K, though a breakdown below $116K may open the way to $112K.