Is Bitcoin soaring to $100,000 or about to crash? The truth is chilling.
Right now, everyone is cheering for Bitcoin's rise. Some are mortgaging their houses, others are borrowing money to increase their positions, flooding into the market.
But hold on, these three dangerous signals are flashing wildly:
Danger Signal 1: Technical indicators are off the charts
The weekly RSI has surged to the limit of the overbought range
The current trend is almost identical to the one before the major crash in 2021
Historical experience: This pattern is often followed by a dramatic drop in half
Danger Signal 2: Whales are moving
Big players are quietly transferring Bitcoin out of exchanges
This usually means: either preparing to dump, or avoiding the storm
But there’s still a twist:
Ethereum ETF could be approved at any time
Institutional funds are pouring in massively
The scarcity effect after the halving is beginning to show
Now there are only two possibilities:
True breakout: directly breaking through the previous high, heading towards $100,000
False breakout: first a sharp drop to shake out the weak hands, then a real bull market
My advice:
Newbies, don’t rush to go all in, the risk is extremely high right now
For those already in, buckle up and keep a close eye on the market
Remember: The market loves to harvest the foolish
Do you think this is a true bull market or a trap? Leave a comment with your thoughts. If you want more hardcore daily analysis, remember to follow us—here we only provide valuable content, no nonsense.
Pay attention today: LAYER PARTI MEMEFI BTC