Bitcoin’s $95K Freefall: RSI Says ‘Buy the Dip’ While the World Panics 🚀

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Dear Diary, today was a rollercoaster of emotions. Here’s what happened:

  • Bitcoin clung to $107K like a toddler mid-tantrum, but everyone’s sweating bullets. 😰

  • Forecasts now include “sub-$100K” like it’s a casual suggestion. 🤷‍♂️

  • 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