Ah, Bitcoin—that mercurial minx of the financial world—has once again decided to toy with the hearts (and wallets) of crypto traders like a cat batting about a particularly expensive ball of yarn. Enter Captain Faibik, a chap whose name sounds like he ought to be swashbuckling on the high seas rather than navigating the choppy waters of cryptocurrency charts. This intrepid analyst has unfurled a fresh warning, declaring that Bitcoin is currently wedged—rising, no less—and may soon take a tumble below the hallowed $100,000 mark. One can almost hear the collective gasp of traders clutching their digital pearls.
So, is the sky falling? Or is this merely another act in Bitcoin’s long-running one-man show, “How to Keep Everyone Guessing”?
Whales: The Market’s Unwelcome Dinner Guests 🐋
Bitcoin, that fickle beast, recently slipped from its cozy perch at $118,000 to a rather less glamorous $115,710—a drop of 1.9%, which, in crypto terms, is roughly equivalent to stubbing one’s toe while wearing steel-toed boots. The culprits? Whales, those gargantuan creatures of the deep who seem to take perverse pleasure in upending the market whenever they fancy a spot of profit-taking. Galaxy Digital, for instance, offloaded a cool 10,000 BTC (a mere $1.18 billion, chump change, really) and withdrew $370 million in USDT, presumably to buy a small island or two. The result? A 3% nosedive in an hour and $144 million in liquidations, mostly from poor souls who had bet on Bitcoin going up. Ah, the perils of optimism.
When whales sell on thin trading days, prices don’t so much dip as they do belly-flop into the abyss.
The Magic Number: $113,000 (Or Else) 🔮
According to our dear Captain Faibik, Bitcoin must cling to $113,000 like a limpet to a rock, lest it suffer a swift and undignified descent. A close below this level, he warns, could trigger a breakdown faster than you can say “margin call.” Traders, ever the vigilant lot, are watching this number with the intensity of a butler spotting a speck of dust on the silver.
$BTC is on the verge of breaking down from its Rising Wedge..!!
A daily close below 113k would confirm the Breakdown, Potentially triggering a Correction..
Still Waiting for confirmation before taking any action..#Crypto #Bitcoin #BTC
— Captain Faibik (@CryptoFaibik) July 25, 2025
Faibik, ever the cautious mariner, refuses to leap into action until he sees a “clear daily close” below $113,000. A prudent stance, really—why rush into disaster when you can saunter?
A Bearish PO3: Or, How to Trap the Overeager 🎣
Adding to the festive atmosphere, Faibik has spotted a Bearish PO3 on the daily chart—a technical term meaning “the market is about to pull the rug out from under late buyers.” The whales, those mischievous scamps, might just pump the price enough to lure in the unwary before yanking it down like a magician’s tablecloth trick. Daily trading volume may have risen 23% to $87.46 billion, but let’s be honest: that’s just whales cashing out and leaving the rest of us to pick up the tab.
How Low Can Bitcoin Go? (Asking for a Friend) 📉
If Bitcoin does indeed break free from its wedge-shaped prison, Faibik predicts a descent into the $95,000–$98,000 range. To the uninitiated, this might seem like the financial equivalent of falling down a flight of stairs. But to the seasoned trader, it’s merely a golden opportunity to buy the dip—because nothing says “sound investment strategy” like catching a falling knife.
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2025-07-25 11:40