bitcoin-usd/”>BITCOIN‘S DEAD CAT BOUNCE: THE BITCOIN (BTC) PRICE IS DROPPING LIKE A ROCK!
As the great Russian winter descends upon the cryptocurrency market, Bitcoin (BTC), the mighty behemoth of digital currencies, stumbles and falters. Five consecutive days of attempting to breach the $90,000 threshold, and still it cannot muster the strength to conquer. The pitiful creature is reduced to a mere “dead cat bounce,” a feeble attempt to rally before succumbing to the inevitable forces of gravity. Such is the prognosis of Koroush AK, a seasoned trader and researcher, who has gazed into the abyss and seen the abyss staring back.
A Descent into Madness: The “Dead Cat Bounce” of Bitcoin (BTC)
As I sit here, sipping my tea and gazing out the window, I am reminded of the words of the great Russian poet, Alexander Pushkin: “In the depths of winter, I finally learned that within me there lay an invincible summer.” Alas, Bitcoin (BTC) has not yet discovered its inner summer, for it continues to plummet towards the abyss. The charts, a cold and unforgiving mistress, reveal a sixth “lower high” in 2025, a dismal trend that suggests a prolonged period of darkness ahead.
BTC
Price failed to reach $90K this week after trying for 5 days in a row.
A lot of salty comments that got euphoric on the LTF pump now second-guessing their opinions.
Consider this a Dead Cat Bounce until proven otherwise.
— Koroush AK (@KoroushAK) March 28, 2025
Koroush AK’s analysis, a scathing indictment of Bitcoin’s (BTC) performance, has left many of his 374,000 followers in a state of utter bewilderment. The price, a mere mortal, has failed to breach the $90,000 threshold, and now the faithful are left to second-guess their opinions. Ah, the hubris of the market, always expecting the impossible, always believing in the next “pump.” But the charts, they do not lie.
Price failed to reach $90K this week after trying for 5 days in a row. A lot of salty comments that got euphoric on the LTF pump now second-guessing their opinions
The current price, a paltry $82,500, is but a mere whisper of the heights it once reached. And yet, the optimists, those eternal fools, continue to cling to their dreams of a Bitcoin (BTC) price of $100,000. Ah, but the charts, they are a cruel mistress, and she has no use for such fantasies.
As I finish writing this, I am reminded of the words of the great Russian writer, Mikhail Bulgakov: “The truth is not for all men, but only for those who seek it.” And so, I seek the truth, and I find it in the charts, a cold and unforgiving mistress, who reveals to me the inevitable fate of Bitcoin (BTC).
The price, a mere mortal, may yet drop to $72,000-$73,000, a level that would erase all gains triggered by the U.S. Presidential elections’ effects. Ah, the hubris of the market, always expecting the impossible, always believing in the next “pump.” But the charts, they do not lie.
By press time, Bitcoin (BTC) is changing hands at $82,500, being 2.22% down in the last 24 hours. The cryptocurrency market benchmark is down by 2.38% today. For every Bitcoin (BTC) bullish cycle, coming through seven-eight painful corrections looks regular.
As U.Today previously mentioned, top analysts indicate a 35-45% pullback as healthy price performance that does not affect the domination of the bullish uptrend. Given the current peak Bitcoin (BTC) price of $109,000, the hypothetical bottom of such “correction” might be somewhere near $60,000.
And so, I sit here, sipping my tea, and waiting for the inevitable. For in the depths of winter, I have finally learned that within me there lies an invincible summer. But for Bitcoin (BTC), alas, that summer remains a distant memory.
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2025-03-29 19:44