Bitcoin Price Drops Below $114,000: MakroVision Analyzes Correction and Potential Future Trends

MakroVision, a cryptocurrency analysis firm, has released its latest technical assessment of Bitcoin (BTC), revealing that the price continues to decline. According to their report, BTC is currently trading below $113,000. The analysis indicates the price struggles to hold above the 0.382 Fibonacci level ($114,200) and has recently broken below it. This trend shows signs of further downward movement.