Oh no, Bitcoin is at a crossroads… again. It’s like a toddler deciding between a snack or a tantrum, but with way more decimal points. Traders are now watching how it behaves around $90k and $70k, because nothing says “excitement” like a 20% swing in a week. 🤷♀️
Bearish Pattern Below $90K
Crypto Patel is basically saying, “If Bitcoin doesn’t break $90k, it’s a sad panda.” And if it fails, we’re looking at $70k. Because nothing says “I’m a financial genius” like predicting a 22% drop. 😂 The pennant lines are converging, which is just a fancy way of saying “This is going to end badly.”
Patel’s warning? “$BTC must break $90k to unlock the $107k upside.” But if it doesn’t, the target shifts to $70k. Because why settle for a minor meltdown when you can have a full-blown apocalypse? 🧨
Weekly Chart Warning
Ali Martienz is here to remind us that the death cross is just a fancy way of saying “This is going to be a rough ride.” And past drawdowns? Oh, just 54% to 66%… because why not? 🤯 He’s also comparing the current rebound to a “dead-cat bounce,” which is basically a fancy term for “I’m not dead yet, but I’m definitely not alive.” 😅
Long-Term Range Coming Into View
Daan Crypto Trades is like, “Bitcoin’s just chilling in its bear market zone, because why would it ever want to be happy?” And the rainbow chart? More like a “rainy day” chart. 🌧️ If it stays between $60k and $80k, we’ll all be very impressed. Or very sad. Your call.
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2025-12-30 16:47