Bitcoin Dips to $105K: Is This the Ultimate Buy-the-Dip Moment Before Uptober Rebound? 📉
Seriously, moments after that weird tariff speech dropped, the entire crypto market collectively decided to take a spontaneous trip to the basement.
$BTC just tanked below $105,000, and the damage is absolutely brutal, we’re talking almost $19 BILLION in liquidations since that glorious $126K ATH we hit a couple of weeks ago. My portfolio is screaming right now, and the FUD is heavy. But hold the phone, fellow degens! Before you rage-sell, remember what month it is. Historically, these mid-October gut-punches are exactly what sets the stage for the legendary 'Uptober' flip. The macro vibes are still decent, with Fed cuts still fueling that risk-on mentality. Even better? On-chain data is showing that the whales are quietly stacking sats while the weak hands are folding.
My current degen trading play: I’m eyeing bids around the super-strong $99K–$100K psychological support zone. The RSI is totally oversold, which is the perfect signal for patient entries. I'm scaling in with small 1% risk tranches and using a tight stop-loss below $102K to avoid getting whipped out if the pain continues. Don't be a FOMO muppet and chase the bottom; wait for a confirmed volume spike to signal a true reversal.
With the altseason whispers starting to heat up on X, this BTC bloodbath could ironically be the massive fuel we need for the next leg up toward $120K+ by EOY.
So, what are my fellow HODLers doing? Are you buying the dip, or waiting to see if $90K hits?
#BTC #MarketPullback #FedRateCutExpectations #crypto #bullish