Bitcoin traders absorb the dips but ‘ghost month’ could extend woes
Bitcoin falls below $117,000 again, raising worries about the upcoming “ghost month.” Are traders bracing for more losses or buying the dips?
Key takeaways:
Bitcoin marks its steepest pullback in a month, with the ghost month trend hinting at further downside to $105,000.
Onchain data shows a rise in US and Korean spot demand, pointing to a short-term recovery.