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Showing posts with the label "Bitcoin slides to $113K India") Bitcoin price Why bitcoin price falling today
  Bitcoin Price Today: ₹9.58M (~$111K) — Support Resistance, Whales & Market Outlook Bitcoin is trading at approximately ₹9,580,000 (~$111,500) as of today, following a 1–3% decline in the past week. This article breaks down critical support and resistance levels, recent whale activity, and why investors are closely watching the charts now. Live Bitcoin Price (BTC to INR & USD) BTC/INR : ₹9,575,893 – down ~1.08% in 24h, −5.3% in 7 days 0 BTC/USD : ~$111,648 – holding near key support at $111,500 1 Support & Resistance Levels Support: ₹9.3M (~$105K) – critical floor observed in recent dips 2 Resistance: ₹10.4M–₹10.9M ($115K–$118K) – previous highs and technical ceiling 3 Whale Activity: Binance Whale Inflows Spike Whale activity is flaring up on Binance: the average deposit size jumped to 13.5 BTC—clearly pointing to large players moving significant capital into the exchange 4. This suggests potential distribution and a pivotal mome...
  Bitcoin Slides Toward $113K Amid Profit-Taking & Fresh Regulatory Scrutiny in India Bitcoin’s recent momentum seems to be cooling down. After reaching a peak of $124K , the crypto market is now seeing a correction—Bitcoin is hovering around $113,000 , and the regulatory spotlight in India is getting brighter. Read on for what investors should note today. What’s Happening with the Price? Bitcoin has fallen ~9% from its recent high, now trading near $113K . Experts attribute this drop to profit-taking, rising inflation concerns, and a tempering of bullish sentiment. Support around the $100K–$110K range may still hold strong. Profit-taking after $124K all-time high Inflation fears and macroeconomic jitters Short-term holder capitulation shown in whale activity 0 India’s Tax Authority Steps In The **Central Board of Direct Taxes (CBDT)** is seeking feedback on tightening crypto regulation—specifically around the 1% TDS on Virtual Digital Asset (VDA) tran...