WHALE SHORTS 3.5K BTC: COSMIC CRASH INCOMING? ๐Ÿ˜‚๐Ÿ‹

Key points:

  • Bitcoin bumbles around $114,000 as some aquatic mega-beast anticipates even more BTC heartache. ๐Ÿณ๐Ÿ˜ข

  • Price giving short-term folks a right old headache, their break-even just nibbling below $114,000. Ouch! ๐Ÿ’ธ

  • Key moving averages loom as support, like grumpy old uncles at a family reunion. ๐Ÿ“Š๐Ÿ”

Bitcoin (BTC) tripped over its own feet trying to rebound at Mondayโ€™s Wall Street yawn-fest, courtesy of a whale with questionable life choices doubling down on betting against BTC prices. Sarcasm intended. ๐Ÿ™„

Bitcoin whale throws temper tantrum on BTC dip

Data from CryptoMoon Markets Pro and TradingView shows BTC/USD scampering away from highs of $116,000 like a cat from a vacuum. ๐Ÿš€โžก๏ธ๐Ÿ˜ฟ

The pair slammed shut an upside โ€œgapโ€ in CMEโ€™s futures, then dove below the open faster than Arthur Dent dodging Vogons. ๐ŸŒŒ

$BTC CME Gap has now been closed โœ…

– Daan Crypto Trades (@DaanCrypto) October 13, 2025

Markets yawned at US gov chatter about US-China natter that might dodge tariff Armageddon. Who knew diplomacy could be this boring? ๐Ÿ“œ๐Ÿ˜

Treasury Secretary Scott Bessent mumbled something about โ€œworking levelโ€ talks with China later. Because scheduling a chat fixes everything, obviously. ๐Ÿ’ผ๐Ÿ˜‚

โ€œWe believe this is a tactical escalation (by Beijing) to shape pre-summit bargaining, not a strategic decoupling,โ€ Morgan Stanley boffins scribbled, as per Reuters and whatnot. Analysts: making the obvious sound profound since forever. ๐Ÿ“ˆ๐Ÿค“

As traders twiddled thumbs for hints, eyes turned to an anonymous whale who cashed in on Fridayโ€™s $20 billion bonfire of liquidations by shorting before China dropped its bombshell. Profits: ka-ching! ๐Ÿšจ๐Ÿ’ฅ

Monday, the beast-added more shorts, now eyeing 3,500 BTC worth, liquidating around $120,000. Rich folks playing chicken with crypto? Expected. ๐Ÿ’ฐ๐Ÿค‘

โ€œAs I said yesterday, he maybe wants to lose money or get liquidated so people wonโ€™t think he had insider information,โ€ quipped crypto whiz Ted Pillows on X. Because nothing says โ€˜not guiltyโ€™ like wanting to lose billions. ๐Ÿ˜

Max Keiser roared that โ€œbanks are lending (ie printing) billions to fund naked Bitcoin-shorts.โ€ And added, โ€œIt wonโ€™t work.โ€ Famous last words, or just optimism? ๐Ÿฆโšก

Bitcoin speculators: Profits? Losses? Potato, po-tah-to ๐Ÿฅ”

BTC circled a support level like sharks around a buffet: the average cost of short-term holders (STHs). ๐Ÿฆˆ๐Ÿฝ๏ธ

As CryptoMoon ranted, STH wallets (those holding up to six months) act as a safety blanket in bull runs gone awry. Cozy! ๐Ÿ˜ด

Glassnode pegs STH basis at $113,861 as of Sunday. Because precision in chaos is oddly comforting. ๐Ÿ“…๐Ÿ’ก

CryptoQuant waved its magic wand at three lines to eyeball: 30-, 90-, and 200-day SMAs. Like gazing into tea leaves for market sanity. โ˜•๐Ÿ”ฎ

In a blog waffle, Arab Chain pontificated:

โ€œThis structure suggests that the long-term structural uptrend remains intact (as the price is still above the 200-DMA), but short- to medium-term tactical momentum has weakened, with the price now below the 30- and 90-DMA, which have converged into a dynamic resistance zone.โ€

Translation: Long up, short down, hold tight or die of boredom. ๐Ÿ˜๐Ÿ“‰

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2025-10-13 20:26