📉 Bitcoin (BTC) took a 5.6% nosedive to $64,300, its lowest in a month, amid a sluggish U.S. economy and high interest rates. But don't fret, crypto enthusiasts! 🚀 The derivatives market hints at a potential BTC price recovery. Despite a meager 0.1% rise in U.S. retail sales and the Fed's high-interest rates, top traders are bullish on BTC. Data shows a rise in the long-to-short ratio, indicating a demand for leveraged long positions. Plus, Bitcoin miners are easing off on selling, reducing market pressure. So, is this the calm before the BTC storm? Share your thoughts below! 💭👇