🚀 Bitcoin's rollercoaster ride continues! Despite hopes of breaking $100k, BTC dipped to $94,500 overnight. Key indicators suggest potential dips below $90k. 😲
🔍 The 25-delta risk reversal shows a negative trend, with traders favoring protective puts over calls. Are they bracing for more declines?
📉 The Coinbase premium has vanished, hinting at waning U.S. demand. Coupled with a bearish RSI divergence, BTC's bullish momentum may be pausing.
💬 What are your thoughts on BTC's next move? Share your insights in the comments!