Bitcoin skyrockets to 104,000, a doomsday signal hidden behind the frenzy!
Bitcoin has surged to 104,000, and while many seem to cheer, they are unaware of the deadly risks lurking behind! This is not just a continuation of the bull market; rather, it may be the prelude to a doomsday celebration.
Why am I bearish? There are too many reasons:
Global market fluctuations
The U.S. raises taxes on Chinese goods, the trade war is intensifying, supply chains are under stress, and systemic risks are quietly approaching.
Federal Reserve's hawkish signals
The market had expected interest rate cuts, but the Federal Reserve clearly stated "no rate cuts for now," keeping the cost of capital high, which is unfavorable for risk assets.
Whale selling alerts
In the past 48 hours, 20,000 BTC flowed from cold wallets to exchanges, clearly preparing to cash out.
Serious technical overbought conditions
RSI reached 92, and the candlestick chart is seriously diverging from moving averages, which could lead to a significant correction at any moment.
Increased U.S. debt pressure
Congress is discussing raising the debt ceiling, with safe-haven funds pouring into the dollar and gold, putting Bitcoin's safe-haven properties to the test.
This surge may be the last gasp, the final trap for the greedy. If you don’t exit now, the next time you wake up, it might already be 80,000, 70,000, or even 60,000. The cruelty of the stock market is not that it falls quickly, but that you can't react in time.