Bitcoin Slips Below $112K Amid Divergent Derivatives Signals
Bitcoin (BTC) is currently trading around $113,442, having dipped from recent highs near $123,000. This downturn, which saw the price touch an intraday low of $111,987, signals a short-term technical correction. The market is now flashing mixed signals, with derivatives data and on-chain indicators presenting a divergent picture of investor sentiment and potential future movements.