📉 Bitcoin's price dropped to a weekly low of $50,600, but South Korean markets show a rare buying frenzy! 🇰🇷 Crypto exchanges in South Korea witnessed an uptick in BTC trading, which could impact Bitcoin's short-term price action.

- The Korean Premium (KP) Index spiked 400% between Feb. 14 and Feb. 23, coinciding with Bitcoin's price correction.

- Historically, when the KP Index spikes, Bitcoin's price often experiences downward pressure.

🤔 Will this trend continue? Share your thoughts in the comments! If BTC dips below $50,000, it could find support at $48,900. On the other hand, a demand surge could push the price towards $55,500 resistance. Stay tuned!