🚨 BITCOIN WARNING: $87,600 CRASH ON THE HORIZON? 🚨
Veteran analyst Josh Olszewicz (@CarpeNoctom) just dropped a chilling $BTC chart — and traders are on high alert. 😬
Bitcoin is balancing on a razor’s edge, and a break below $107,000 could trigger a cascade toward $93K... or even $87,600. ⚠️
📉 The Bearish Setup:
🔹 A Head & Shoulders top has formed on the daily chart.
🔹 Neckline support sits around $105K–$106K.
🔹 If it snaps — measured move targets point to $93K → $87K.
📈 The Bullish Hope:
Bitcoin is still inside a megaphone pattern that stretches up to $128K.
Reclaiming $116K–$117K could flip momentum back to the bulls and set the stage for a new all-time high.
Right now, $BTC trades near $110K, stuck between massive supply at $116K and critical support at $105K.
💬 Olszewicz summed it up: “$BTC complex iHS brewing in the megaphone… also this brewing — not great.”
🔥 The next 48 hours could decide everything.
Breakout → $128K. Breakdown → $87K.
👇 What’s your call — Moon or Doom?
Drop your analysis below — let’s see who gets it right this time. 💣💎