Low Taker-Buy-Sell-Ratio, declining network activity and other bearish factors could pull BTC price below its critical support at $110,000.
Key takeaways:
Bitcoin price needs to hold above $110,000 to avoid further losses.
The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak.
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Author: Nancy Lubale
