When to Cash Out Your Bitcoin Before the Big Crash, According to a Savvy Analyst 🤑

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Oh, Bitcoin, how you love to keep us on our toes! Recently, you’ve been on a bit of a downward spiral, dropping to a measly $112,770 in the last 24 hours. Now, I know what you’re thinking: “Is it time to panic?” Not so fast, my crypto-loving friends. While the short-term traders might be feeling a bit queasy, the broader crypto community is still riding high on optimism. 🚀

One voice in the wilderness still calling for the moon is none other than Merlijn The Trader, a technical analyst who’s got more charts than a cartographer’s notebook. Merlijn recently updated his “Bitcoin Market Maker Model,” a fancy way of saying he’s trying to predict when we should all cash out before the party ends.

The Final Parabolic Move

According to Merlijn’s deep dive into Bitcoin’s long-term chart, we’re about to witness a classic repeat performance. The current structure mirrors a market maker pattern that’s played out before, and it looks like Bitcoin is gearing up for its final parabolic phase. Think of it as the grand finale of a fireworks show-spectacular, but you’d better have your earplugs ready because it’s going to get loud. 💥

In his own words, Merlijn says, “The crowd will rush in. The pros will exit.” It’s a simple mantra, but one that’s worth tattooing on your forehead if you’re planning to ride this roller coaster to the top. 🎢

Previously, Merlijn spotted an inverse head and shoulders pattern on the 3-day candlestick chart, suggesting Bitcoin could hit the dizzying heights of $145,000 in the coming months. And if that’s not enough to make your head spin, he’s also hinted at a possible climb to the stratospheric $250,000 to $300,000 range over the next year. 🌠

But here’s the juicy part: Merlijn’s latest analysis pinpoints the perfect moment to take your profits. The chart he shared features a green box that marks the last profit-taking zone before the market takes a nosedive. This sweet spot is between $160,000 and $190,000, a range that’s eerily similar to the one we saw back in 2021. 🟩

The chart itself is a colorful journey through the phases of Bitcoin’s cycle: accumulation (gray), breakout (blue), euphoria (green), and exhaustion (red). We’re currently heading back into the green zone, the “profit zone” where the smart money starts to cash out. Merlijn’s advice? Lock in those gains before the inevitable correction hits. 🤝💰

Bitcoin Dips Below $113,000, But Bullish Outlook Intact

Bitcoin’s recent dip below $113,000 is a bit like a roller coaster taking a small dip before the big drop. Over the past few days, it’s been a slow slide from above $115,000, resulting in a 3.4% decline over the last week. But don’t let that fool you-market sentiment is still bullish. 📈

Analysts like Merlijn see this correction as a mere blip, a necessary consolidation before the real fireworks begin. They’re predicting a parabolic move that could send Bitcoin soaring well beyond its current all-time high of $122,838, set just 23 days ago. As of this writing, Bitcoin is trading at $113,990, but who knows? Maybe by the time you finish reading this, it’ll be on its way to the moon. 🚀

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2025-08-06 20:16