Momentum indicators are softer than a wet noodle, and short-term sellers are circling like vultures. Unless a magical reversal unicorn 🦄 gallops in, the path of least resistance is downhill-faster than a troll on a sled.
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 ETF landscape did some weird flips this week, like a gymnastics routine in a circus.
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Malgré son exposition massive au Bitcoin , Woo argue que la structure financière de la firme rend une vente forcée hautement improbable-même dans un marché profondément baissier. 🤯
Analysts, those modern-day soothsayers, whisper of a prolonged correction, as if the market were a sickly patient in need of leeches.
In the darkest corners of the internet-on X, no less-there’s a whisper of a trend almost as thrilling as a poorly-scripted play. Sentora, the financial equivalent of a skeptic with a monocle, reports that interest in altcoins is cooling off, like a stolen kiss in a Moscow alley. The “Active Addresses,” that telltale metric measuring the hustle and bustle of digital streets, are dropping like the last snow of winter at the Kremlin’s gates.
Simple: snatch 1,000 BTC by 2026, then pull a magic trick and make it 6,000 by 2027. That’s right-aiming for 1% of all Bitcoin in existence. Which, if you think about it, is only slightly less ambitious than trying to fence the Crown Jewels. 👑🔗
Apparently, investors are starting to realize that mixing old-world finance with new-world digital assets might just be the ticket to future-proofing their portfolios. On November 3rd, Strategy Inc. (Nasdaq: STRF/STRC/STRK/STRD/MSTR), in what can only be described as an audacious play, announced it’s launching an IPO for a whopping 3.5 million shares of its 10% Series A Perpetual Stream Preferred Stock (STRE), with a very European twist-it’s all in euros. The offering is, of course, registered under the U.S. Securities Act of 1933, because why not keep it classic while playing in the digital sandbox?
Ethereum price failed to stay in a positive zone and started a fresh decline below $3,550, like Bitcoin. ETH price declined below $3,500 and $3,450 to enter a bearish zone, which is basically the financial equivalent of a toddler’s temper tantrum. 😭💸