🤑 Bitcoin’s Wild Ride: Slip-Up in the Green? 🥲

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Bitcoin prices-consolidating like Kenny did on “The Groove Tube”-are now jostling below the $120,000 mark post their $124,000 bling party. A recovery wave could be nipping at their heels. 🌊

  • Sell! Sell! It’s déjà vu, they sold from the $124,000 zone, and look where we are…
  • Hold tight, traders, below $122,000 and the 100-hour simple charts. If simple was good, where’s the extra factor? 🤔
  • You thought the bullish trend was unbreakable? Think again! Below $120,000 they scooch. Oh Kraken, why must you never sleep? 🦑
  • Here’s the scoop: If BTC snaps above $120,000 again, it might start the climb to glory, or just to a bigger crash?

Once upon a time, Bitcoin soared near $124,000 before the bears did the boogie-now it wobbles below $122,000. They dipped below $121,200 and that 100-hourly chart lover trend line, down to a testing round at the $117,250 zone. Are you shocked? I thought not…

Catch this: Got a little love back up to the 23.6% Fib, like Elvis hat and sideburns combo. It’s shopping at the $120,000 level now, while still hugging the 100-hourly friend’s waist-mac-daddy MACD losing its oomph in the bullish zone, while RSI’s so under the 50 it’s at the dentist. 😬

Looking up, targets are aimed at $119,000, then maybe the $120,000 barricade, after that maybe the $120,500 wonderland. If knights slide past, it’s straight to the door of $121,650 or the cool 61.8% Fib. Ascension to $122,200, $123,500, or just the roof of the tavern are on tomorrow’s chances of rain.

Astounding Another Drop?

If Bitcoin stares down from the $120,000 castle-lookout and fails to sway above, expect a Gozart-style slide. With $118,000 waving below, fear not, there’s company at $117,250 first stop. Consider $116,500 the next pit stop, then $115,500-maybe. Avoid touching $113,500 lest Bitcoin’s entire subterranean career be called into question.

Graphious Bitcoin Jovial Chances

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2025-08-15 05:32