Oh, the wretched Bitcoin! It’s tumbling down like a clumsy giant in a china shop, failing to claw its way back above the $95,000 mark. Down 4%, you say? Phfft! That’s just the beginning of its silly slide. Will $90,000 hold? Don’t bet your chocolate stash on it! 🍫💔
- Bitcoin took a nosedive below $94,000 and $93,500-faster than a child grabbing the last slice of cake. 🏃💨
- It’s now trading below $93,000 and the 100 hourly Simple Moving Average, looking as lost as a fox in a henhouse. 🦊🤷
- A bearish trend line is forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (courtesy of Kraken, the squid-loving exchange). 🐙📉
- If it dips below $91,500, it might just keep falling like a forgotten balloon. 🎈🌀
Ah, Bitcoin, the once-mighty king of the crypto jungle, now wobbling like a toothless tiger. It couldn’t even hold its ground above the $93,500 pivot level-those pesky bears had their way, pushing it lower than a worm on a rainy day. 🐻🌧️
The bears flexed their muscles, dragging the price below $92,000. A low of $90,700 was hit, and now it’s showing bearish signs below the 23.6% Fib retracement level. Fibonacci, you old wizard, what have you wrought? 🧙♂️✨
Trading below $92,000 and the 100 hourly Simple Moving Average, Bitcoin looks as glum as a raincloud at a picnic. And that bearish trend line? It’s got resistance at $95,850, as stubborn as a mule in a mud pit. 🐴🚫
If the bulls try to rally, they’ll face resistance near $92,500. The first key resistance is at $93,250, like a bouncer at an exclusive club. The 50% Fib retracement level is also lurking, ready to pounce. 🦁💪
Next stop, $93,800? Maybe. A close above that might send it higher, but don’t hold your breath. $94,500 could be the next hurdle, and then $95,500. But let’s not get ahead of ourselves-the bulls have as much chance as a snowball in hell. ☃️🔥
If Bitcoin can’t break through $93,500, it’s in for another tumble. Immediate support is at $90,800, with major support at $90,500. Below that? $90,000 is waiting like a trapdoor. And if it falls further, $88,000 and $86,500 are the next stops on this wild rollercoaster. 🎢🤪
Technical indicators:
Hourly MACD – The MACD is gaining pace in the bearish zone, as cheerful as a funeral march. 🎶⚰️
Hourly RSI – The RSI for BTC/USD is below 50, as gloomy as a rainy Monday. ☔😔
Major Support Levels: $90,500, followed by $90,000-like stepping stones to doom. 🪨💥
Major Resistance Levels: $92,500 and $95,800-walls as thick as a dragon’s hide. 🐉🛡️
Read More
- USD VND PREDICTION
- LSETH PREDICTION. LSETH cryptocurrency
- Coinbase’s Magical Announcement Sends Two Altcoins Soaring 🚀💰
- Shocking! Genius Act Gives Crypto a Glow-Up – Jokes, Dollars & Digital crazy!
- Bitcoin’s Bull Flag Drama: Will It Soar or Snore? 🐂📉
- EUR USD PREDICTION
- STETH PREDICTION. STETH cryptocurrency
- XDC PREDICTION. XDC cryptocurrency
- 🚀 CoinFutures: The Crypto Trading Revolution You Can’t Ignore! 🤑
- Top 5 Cryptos That Might Just Make You Rich by August 2025 – Or Not
2025-11-18 05:31