Bitcoin continues to experience downward pressure as traders monitor key support levels that could signal the next significant price move. Currently trading below $112,000, Bitcoin has recently been rejected at this level before dropping to its support mark of $107,000. 📈 📉 Market analyst Michael van de Poppe suggests the correction might continue with further dips and retests of the lower support levels before a possible recovery emerges. 🧐 🧐 🧐 Experts are keeping an eye on significant price action points like the resistance level at $112,000 and its accompanying rejection signals. ⬆️ The current downward trend suggests potential for further dips in Bitcoin’s value before a more substantial upward momentum could emerge. 👀