Bitcoin’s $114K Moon Shot: Will It Bounce or Flop? 🚀💸

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Key points (because who has time for nuance?):

  • Bitcoin’s eyeing a $114K squeeze-because why not? 🤑

  • Traders are betting on a rebound next week. Fingers crossed, eh? 🤞

  • Bull market still alive despite $19B liquidation drama. 💪🩸

Bitcoin (BTC) is hovering around $112K as Sunday’s candle closes, and traders are whispering sweet nothings about a comeback. Or maybe they’re just desperate. Who knows? 🤷‍♀️

Liquidation “fishing”-because crypto’s a sport now 🎣

According to CryptoMoon Markets Pro and TradingView, volatility’s taking a nap after that $19B liquidation party. 🎉 BTC/USD didn’t exactly bounce back, but hey, there’s always next week, right? 🌈

Trader Skew (yes, that’s his name) says, “Relief bounce incoming? Maybe? Who cares, it’s crypto.” 🧐

“Both always bring important flows from the aspect of a macro backdrop as we currently have. Plus thin market atm so careful with margin positions especially in alts.” 🚨

HTL-NL chimes in, “Market’s unpredictable, but a crash? Nah. We’re just dramatic.” 😅

“However, I am not overly worried. Everything was poised for a correction anyways, but it all got amplified and we had a system break down.” 🤖

TheKingfisher (yes, really) is eyeing a $114K liquidity grab. Shorters, beware! 🐟

“Weekends are for $BTC range liquidations fishing,” they quipped. Because why not mix finance with leisure? 🏖️

Analyst says: “Bearish things can happen, but who cares?” 🤷‍♂️

Caleb Franzen, the brain behind Cubic Analytics, is bullish AF. He’s staring at Bitcoin’s 200-day moving average like it’s a crystal ball. 🔮

“Prices might drop, but who’s counting?” he shrugs. 🧘‍♂️

“Similar to the consolidations that occurred in August-September 2023, July – September 2024, and February – April 2025, it would be completely normal for a brief decline below the 200-day MA cloud before a reclaim and trend continuation to new highs.” 📈

Even if BTC/USD prints a higher low, the uptrend’s still intact. Phew! 😌

“Being bearish during an uptrend? Great way to lose money,” Franzen adds. Ouch. 💔

“While we must accept that bearish things can happen during uptrends, as this past week proved, it’s also vital to accept that being bearish during an uptrend is a great way to lose money and/or underperform.” 💸

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2025-10-12 15:51