Bitcoin dip buyers are accumulating and opening leveraged positions, aiming to reclaim $112,000. Traders await US jobs report after weak ADP data. Bitcoin’s rally to $112,600 vanished, dropping to $109,329. US now has more unemployed than employed, with August data expected to show 80,000 jobs added. Fed likely to cut rates, sparking hope for BTC price turnaround. Retail and institutional traders buying in spot markets. BTC price tightly bound between $109,000-$111,200. Profit taking near range highs. Source: Hyblock.

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