Bitcoin’s LMACD Meltdown? Experts Sound Alarms After $97K Drama

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Last week, the price of Bitcoin—our old friend, as fickle as a spring romance—ascended to the dizzying heights of $97,000, only to be tossed back like yesterday’s news. The esteemed technician, Tony Severino (not to be confused with that cousin who borrows your shovel and never returns it), peered into his LMACD indicator with the weary gravitas of a doctor announcing “it’s a cold, not cholera, but you should still consider soup.”

A Delicate Ballet: Bitcoin Dances On The Edge

On X—where pronouncements rain down like confetti—Severino’s gaze traversed Bitcoin’s various timeframes. They’re all in “precarious” accord, he says, as if the family dog, the cat, and the canary have gathered for a private chat about dinner. Should BTC’s daily momentum grow bearish, the weekly signals could flop face-first into despondency, dragging the monthly signal behind like a forgotten umbrella. (Cautious applause for the one brave bull, waving a green flag in the wind.)

Alas, Severino now leans towards the most probable: a downtrend, led by the monthly LMACD, with all the subtlety of a bureaucrat stamping denied on your loan application. How low could we go? He didn’t say; fortune-tellers with true answers are rarely on X, busy as they are in their tea shops, refusing requests for price targets. 📉

Meanwhile, Analyst Ali Martinez also pulled the fire alarm. According to the solemn TD Sequential indicator, Bitcoin has put on its “for sale” sticker. Should BTC drop beneath $94,765, Martinez thinks the floor may be as far down as $90,000, or even $86,000—numbers that give bulls panic attacks and bears fresh dreams. 🐻💭

The Past: A Warm Blanket Or Just Moth-eaten?

Rekt Capital, ever the historian, predicted déjà vu: for the cycle to repeat, BTC must first be rebuffed at $99,000, loiter above $93,500 like a guilty schoolboy, break boldly into the $97,000–$99,000 corridor, then reject from $104,500. After a brief existential crisis, it may grab the $97,000–$99,000 level as support for dear life and catapult to All-Time Highs, champagne optional.

The oracle Titan of Crypto adds his own poetry, declaring that Bitcoin is “pulling back to a key support confluence”—you know, the spot where hope meets despair and technical analysts meet headaches. Eyes are on $95,423; fail to seize it, and Bitcoin might begin its journey to the underworld like Orpheus, but with fewer lyres and more margin calls.

For now, our protagonist languishes at $94,700—a little down, a touch melancholy, but not without a flair for the dramatic. Curtain closes; applause from nervous investors, and the market’s janitor sweeps up the confetti of a thousand lost dreams.

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2025-05-05 21:42