Dear Diary, today was a rollercoaster of emotions. Here’s what happened:
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Bitcoin clung to $107K like a toddler mid-tantrum, but everyone’s sweating bullets. 😰
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Forecasts now include “sub-$100K” like it’s a casual suggestion. 🤷♂️
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RSI’s all “rebound incoming!” but only if stocks pull their weight. 📈✨
Bitcoin (BTC) spent Saturday playing emotional tug-of-war at $107K, while traders whispered about “fresh lows” like it’s gossip hour. 🍵
Traders: “$100K? More Like ‘See You Never’”
Volatility took a nap, giving bulls a breather after BTC/USD lost 7%-because nothing says “fun weekend” like a crypto crash. 🛌
At its lowest in months, BTC’s now eyeing $95K like it’s a toxic ex. “No buyers, no macro drama, just vibes,” someone muttered. 🙃
“It all lines up nicely for another wave down,” said Crypto Tony on X, as if he’d planned this all along. 😂
He called the sub-$100K drop “bullish,” which is like calling a hurricane “refreshing.” 🌪️
Daan Crypto Trades chimed in: “We’ll hover around $107K until the weekly candle closes. Maybe.” 🕯️
Key support? $105K. Rebound? Only if stocks lead the way. 📊
Good news: S&P 500 clawed back to 6,664. Trump said tariffs on China might chill out, so stocks and gold relaxed. 🕶️
RSI: The Overly Optimistic Friend
RSI hit April lows (remember $75K despair?), but the 4-hour chart’s screaming “BULLISH DIVERGENCE!” 🎉
Translation: Sellers are tired below $110K. But the market’s like, “Sure, Jan.” 🙄
“RSI’s bullish, but sentiment’s in the gutter 🤔,” tweeted _Kriesz_. The Crypto Fear & Greed Index hit 22/100-last seen when we all thought NFTs were a phase. 😅
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2025-10-18 17:28