Bitcoin drop to $108K possible as investors fly to ‘safer’ assets


Bitcoin drop to 8K possible as investors fly to ‘safer’ assets


Bitcoin price faces pressure as investors shift to bonds and gold, and risk aversion raises the chance of BTC falling to $108,000.

Key takeaways:

Rising demand for government bonds and gold underscores recession fears, limiting Bitcoin’s ability to sustain bullish momentum.

Correlation with equities remains high, but structural catalysts like Strategy’s S&P 500 inclusion could shift sentiment.

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