Bitcoin Traders Adopt ‘Defensive’ Stance as Price Reclaims $110K
Key takeaways: Bitcoin price recaptures $110,000, but bearish pressure persists. BTC must flip the $110,500-$112,000 zone into new support to avoid a deeper correction toward $100,000. Bitcoin (BTC) price was up on Tuesday, rising 2.4% over the past 24 hours to trade above $110,000. Still, while some indicators pointed to a local bottom, other metrics…