🚨 BITCOIN AT A CLIFF – $111K IS LIFE OR DEATH 🚨
$BTC is stuck at $111K support – lose this level and we could see a sharp drop. 📉
Here’s the setup:
• 200D support = $111K
• Bulls need $113K+ to flip momentum back.
• RSI & momentum are weak → no breakout energy yet.
September is the worst month for Bitcoin:
• Avg return = -6%
• Historic crashes in Q3 (one time -70% 👀)
• ETF flows turned red again.
Short-term → bears in control.
Long-term → miners are safe (breakeven ~$98K), so the real floor is still secure. 🛡️
ETH isn’t immune either:
• Key support $3K–$4K.
• Institutional flows cooling off.
⚠️ Big catalyst coming: FOMC in 11 days. That decision could either nuke the market or spark a new rally.
👉 Bottom line:
BTC is at make-or-break $111K. Momentum weak, ETFs outflowing, September curse looming.
Stay defensive now, because the fireworks are coming in Q4.#Write2Earn