In a move that could only be described as a theatrical descent suitable for the grandest of Greek tragedies, the crypto market-once a darling-has turned a fashionable shade of red at the dawn of this week, as CoinStats smugly reports. Ah, the fickle mistress of cryptocurrency! 😊
BTC/USD
Bitcoin, that digital gold-or perhaps fool’s gold-has suffered a modest 2.29% tumble since yesterday, demonstrating once again that fortune favors the bold, but also the unlucky.
On the hourly horizon, BTC lurks perilously close to the support of a cool $114,955. If it refuses to bounce-assuming it hasn’t already-brace yourself for a sneaky slide down to the $114,000 zone. The market’s playing hard to get, and so far, Bitcoin’s not getting the hint.
Zoom out to the long view, where no signs of reversal flare up like a firework gone wrong. If the current bar closes around these forlorn prices with no long wick for dramatic effect, expect the path of least resistance to lead us down to $112,000 by week’s end. Oh, the suspense-no, really, it’s just math.
Midterm, this coin is tossing a bearish goodbye note, closing after a less-than-flashy bar. If the current decline morphs into support-breaking chaos, don’t be surprised if Bitcoin attempts a dramatic plunge to the $110,000 neighborhood-because who doesn’t love a good drop into the abyss? 🚀💸
As of this finely tuned moment, Bitcoin is hanging out at $115,650, probably pondering its existential crisis-‘To moon, or not to moon.’ The answer may lie in the next candle, or perhaps the next coffee break.
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2025-08-18 20:02