⚠️ || Bitcoin Manipulation Claims Rise as Price Falls to 17-Day Low ! 📉

Bitcoin’s recent dip below $113,000 has reignited discussions about market manipulation, liquidity games, and the looming impact of the Federal Reserve’s Jackson Hole event. Traders and analysts remain divided on whether this move signals deeper weakness—or a setup for a larger breakout.

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🔹 Key Market Highlights

📊 BTC price slipped to $113,000 — lowest since Aug. 3.

🐋 Analysts warn of “Spoofy the Whale” manipulation tactics.

💰 Liquidity clusters: $112K (support) and $120K (resistance).

⚖️ Altcoins risk 10–30% drops if Bitcoin continues bleeding.

🎯 Historical comparison: Pullback mirrors 2017 & 2021 bull cycles.

🏦 All eyes on Powell’s Jackson Hole speech for monetary policy clues.

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🐋 Bitcoin Price Pressure & Whale Games

After briefly reclaiming $113,000, Bitcoin quickly dropped again, exposing thin support levels. Data from CoinGlass shows strong bid liquidity around $112,300 and significant clusters near $120K resistance.

Some analysts argue that whales may be deliberately shifting order-book liquidity to invite lower prices. Keith Alan of Material Indicators suggested that “plunge protection” bids at $105K could represent price manipulation strategies, driven by players he labels “Spoofy the Whale” and “Notorious B.I.D.”.

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⚠️ Altcoins on Edge as BTC Weakens

While Bitcoin holds steady in its current range, altcoins are at risk. Analyst TheKingfisher warned that a 5% drop in BTC could spark 10–30% losses across alt markets. For now, altcoins show a “balanced skew,” but momentum signals a potential slow bleed scenario.

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🔄 Historical Parallels Offer Hope

Despite the bearish narrative, not all analysts are pessimistic.
Trader Rekt Capital compared today’s retracement with similar corrections during the 2017 and 2021 bull cycles, both of which preceded rallies to new all-time highs. If history rhymes, Bitcoin’s recent drop may actually set the stage for the next breakout.

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🏦 Fed’s Jackson Hole Event: The Deciding Factor?

Global markets now turn to Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. Last year, Powell hinted at coming rate cuts, sending shockwaves through risk assets.

📌 With inflation cooling but labor risks rising, Powell’s tone could reshape September’s FOMC expectations. Current market odds suggest an 80–95% probability of a 25bps rate cut on Sept. 17 — but any surprise could spark volatility across crypto and equities.

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🔮 Final Outlook

Bearish risks: Manipulated liquidity, lower bids, and altcoin fragility.

Bullish hope: Historical cycle alignment with pre-ATH corrections.

Wild card: Powell’s Jackson Hole speech could either calm markets or ignite fresh panic.

👉 For traders, the $112K support and $120K resistance remain critical battle zones. Until then, Bitcoin’s path looks uncertain—balanced between manipulated downside pressure and potential breakout fuel.

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