BITCOIN TO $85,000: A "SCARE BUS" OR A "BUY THE DIP" TICKET? 📉
After days of "to the moon" screaming, it looks like Bitcoin wants to take us on a rollercoaster ride back to the $85,000 zone. According to the latest scoop from TradingView, it's not just "FUD"—the charts are starting to talk, and they’re whispering some bearish secrets.
🧐 What’s in this "Bearish Stew"?
1. That Annoying Triangle: The daily chart is printing a Descending Triangle. Lower highs are stacking up faster than my unpaid bills. If the $85,000 floor snaps, expect price action to drop faster than your ex’s mood swings! 📉
2. Point of Control (POC): $85,000 is the ultimate "Battle Royale" zone with massive trading volume. If the Bulls fail to hold this trench, the Bears are invited for a BBQ—and we are the ones getting grilled.
3. On-chain Chills: Exchange withdrawal activity has hit its lowest level since 2016. It seems the "Whales" are either too lazy to accumulate or they've all gone on vacation. Low demand + high pressure = a recipe for a "Ouch" moment!
Strategy Options for the "Spiritually Technical" Trader:
• Option 1 - The "Bargain Hunter": Set those Limit Orders around $84,000 - $85,000. If it bounces, you’re a legend. If it breaks through... well, make sure you have your heart medication ready. 💊
• Option 2 - The "Short Assassin": Wait for a solid candle close below $85k, then "slap" a Short position toward $80,000. Just watch out for the "Whale Scam Wick" that could turn your account into toasted bread!
• Option 3 - The "Zen Master": Close the app, go for a walk, and pretend you didn't see anything. Wait for $95k to come back before you start bragging again. Best strategy for maintaining your youth and mental health!
Pro Tip: Never go All-in unless you have a bottomless wallet or you’re Satoshi’s long-lost cousin.
Which Option are you picking?
#BTC #BinanceSquare #bearish $BTC $ETH $BNB