Bitcoin’s sell-off from its all-time high of $124,474 led to a 6.72% correction below $115,000. Analysts predict further decline to $110,000. Hyblock’s CEO explained the weekend price action was driven by liquidity dynamics, with institutional demand drying up over the weekend. Bitcoin’s open interest around $115,000 serves as strong support.

Read more at Cointelegraph: Bitcoin Profit Taking Ramps Up But Bulls Buy The Dip