Bitcoin’s Big Swoon: What’s Next? 🤯

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So, here we are again, watching Bitcoin‘s price take a nosedive, and I’m like, “What’s the deal with this?” The Fed’s latest move? A masterclass in “I don’t know, let’s just wait and see.” Meanwhile, everyone’s scrambling like they’re late for a meeting they didn’t even know about. 🤯

What Went Wrong for Bitcoin?

Bitcoin’s sharp reversal? Blame it on the Fed’s “data-dependent” approach. Like, duh, of course they’re dependent on data! What’s next, they’re gonna start using a compass? 🧭 Powell’s speech? More like a “I’m not saying I’m scared, but I’m definitely not saying I’m not scared” vibe. The market? Totally confused. 🤷‍♂️

This whole rate-cut drama? It’s like trying to predict the weather with a crystal ball made of glitter. Traders are throwing their hands up, selling everything, and buying back into the dollar like it’s the 90s again. Bitcoin? Getting the cold shoulder. 🧊

In short, the “soft landing” was a mirage. Now we’re stuck in a “what’s the plan, Bob?” scenario. 🕵️‍♂️

Despite the Downturn, Whales Double Down on Leverage

While the rest of us are panicking, the crypto whales are out there, betting their entire savings on a rebound. Because nothing says “I’m smart” like leveraging 40x on a coin that’s already been a rollercoaster. 🎢

Despite the market downturn, many whales remain bullish and are going long!

• Trader 0x9553 opened his first position on #Hyperliquid – a 40x long on 179.59 $BTC($19.94M).

• New wallet 0x6988 deposited 1.95M $USDC on #Hyperliquid and opened a 25x long on 4,743 $ETH($18.71M).…

– Lookonchain (@lookonchain) October 30, 2025

Trader 0x9553? A modern-day gambler with a spreadsheet. And 0x6988? Like they’re playing a game of “how much can I lose before my bank account cries?” 💸

These guys are the reason why the rest of us are stuck with 0% interest on our savings. 🤡

Bitcoin Price Prediction for November-A Technical Perspective

From a technical standpoint, Bitcoin is hovering near $108k like it’s waiting for a friend who never shows. The RSI? Below 50. That’s like your mom saying you’re “not doing well” in math class. Not a good sign, but hey, maybe she’s just being a mom. 🧸

If Bitcoin breaks below $107k, it’s like the stock market version of “I’m going to bed.” But if it bounces, we’ll all be like, “Wait, was that a rebound or just a hiccup?” 🤔

Volume analysis? Declining sell pressure. That’s code for “the whales are hiding their money in a sock.” 🧦

Wrapping it Up!

So, November: the month where Bitcoin either becomes the hero or the villain. The whales are betting on a comeback, but let’s be real, they’re just as confused as the rest of us. 🤷‍♀️

Will Bitcoin rise again? Maybe. Or maybe it’s just another day in the wild west of crypto. 🐎

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2025-10-30 08:23