Will Bitcoin Crash Below $98K or Rocket Above $105K? Find Out Now! 🚀

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Oh dear, Bitcoin’s having a bit of a meltdown, isn’t it? The crypto market’s on a downward spiral as Bitcoin tumbles below the big, scary $100K mark, plunging to a 4-month low! 😱 It’s like the floorboards have creaked and snapped, sending our dear Bitcoin plummeting, but wait-there’s a little bounce back up to $102K. Not much to cheer about though, because those pesky sellers are back, pushing the price lower like a determined toddler in a tantrum. And with that, it’s been one of the weakest intraday performances in weeks! Hold onto your hats, folks, it’s gonna be a bumpy ride! 🎢

Now, all eyes are glued to the $98,000 support level. Will it hold? Will Bitcoin bounce, or will it just sink into a deeper hole like a sinking ship? Only time will tell, but a big ol’ “BOOM” at this level could give BTC the boost it needs to avoid tumbling toward the mid-$90,000 range. 💥

The timing couldn’t be worse either. U.S. dollar liquidity is tighter than a drum right now, and that’s got everyone pulling back on their wallets. The cash flow is slowing down, and history tells us that when liquidity gets tight, Bitcoin tends to go for a little nap, looking weaker and weaker as the days go on. 📉

The chart above is a beauty, isn’t it? The white line, showing the USD Liquidity Index, is diving down faster than a skydiver. And guess who’s tagging along for the ride? Yep, Bitcoin’s yellow line-it’s closely following the liquidity drops, getting weaker each time. And now, we’re stuck in a bit of a pickle. If liquidity doesn’t turn around, Bitcoin might just keep falling, like a cat with no claws. 🐱

This isn’t just a technical hiccup, folks. No, no. It’s the macro forces playing with our lives, dragging us down to the depths of despair. Bitcoin’s struggling under the pressure, and until liquidity gets its act together, don’t be surprised if we see more downward action. Not great news for the Bitcoin fans, but hey, there’s always hope, right? 🤞

Will Bitcoin Break the $100K Barrier or Push Beyond $105K? 🤔

And here we are again-Bitcoin’s going through another correction, with sellers all over the place like a pack of hungry wolves! 🐺 They’re booking profits and panic-selling faster than a squirrel running from a hawk. The price had already been stuck in a downward spiral, like a plane going into a nosedive, and just as we thought it was about to break, the bulls came to the rescue, holding up the $98,000 support. But… not for long, I bet. The lower target around $98,000 is still looming large, just waiting for its moment. ⏳

And here’s the thing-the long-term Bitcoin chart is showing some serious patterns! It’s been consolidating within a rising wedge, which sounds fancy, right? The upper boundary is giving Bitcoin some serious side-eye near $123,000, and the lower line is offering some cushion around $98,000-$100,000. But here’s the kicker: it’s fallen below the midline of the wedge, which means all those bullish dreams are starting to fade. The green zone, where Bitcoin’s been cozy for a while, still offers some support. But even that isn’t looking too strong, like an old sofa that’s seen better days. 🛋️

Lastly, the Directional Movement Index (DMI)-sounds technical, doesn’t it?-is pointing to narrower momentum. So, what does that mean? A big, juicy breakout is on the horizon, either up to $123,000 or down to $98,000. Stay tuned, folks, it’s gonna be one heck of a ride! 🎡

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2025-11-05 13:23