Citing Bitjie, Bitcoin rebounded above $113,000 after a 2.3% drop on Monday, following a $1.7 billion liquidation event triggered by high leverage and reduced volume after the Fed's rate cut. Retail and whale buying has supported stability, with large holders adding 56,000 BTC since late August. Technical analysis highlights $112,500 as a key support level, with bullish factors like low interest rates and institutional demand expected to underpin strong October performance.
Bitcoin Stabilizes After Pullback: A Healthy Reset or Bearish Warning?
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