Bitcoin’s price has been fluctuating since August 14th, with the recent drop below $112,500 putting it close to key support levels. The upcoming Jackson Hole speech from Fed Chair Jerome Powell could trigger volatility in the market. Analysts suggest this presents a “great entry” opportunity for traders interested in accumulating Bitcoin at potentially lower prices. However, experts warn of potential downside risks if BTC price drops below $115,000, leading to significant buying opportunities. Bitcoin’s key support levels are located near $112,000 with a significant drop towards $110,000 being observed. Key support and resistance levels are highlighted for traders.