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According to the analysis of 24 real-time technical indicators by ChatGPT, the price of Bitcoin has seen a significant fall of -2.05%, currently reported at $113,912, testing the critical support level of $113,600. This decline is mainly driven by large-scale profit-taking by institutions, with BlackRock ( and Ark 21Shares collectively dumping over $600 million worth of BTC. The technical indicators show that the RSI (42.15) is approaching the oversold area, and although the MACD is negative, the histogram has turned positive, indicating that momentum is building. If the $113.6K support is lost, Bitcoin may dip to important support levels of $110,430 (100-day EMA) or even $103,042 (200-day EMA).