Bitcoin Slumps Near $111K: Is This the Dip Buyers’ Moment?

Bitcoin has reached a seven-week low of around $111,000, following a recent downturn and marking a significant pullback from its early August highs. The market is experiencing heightened volatility due to global political tensions surrounding the Federal Reserve’s independence and ongoing macroeconomic uncertainty. This move presents a dilemma for investors: is this a chance to capitalize on a potential ‘buy the dip’ moment or an indication of waning momentum? ]