"$100K Incoming!" "100X!" – Michael Saylor Calls it LONG, but Here's the Twist...
🟢 $BTC
BTC/USD: 75,888.77 (+1.83%)
BTCUSDT Perp: 75,933.2 (+2.02%)
Is the $100K dream on the horizon? The hype is loud, the FOMO is strong – but hold on, is it just another bull trap?
Let’s Break Down This Market Trap and Look Under the Hood:
1️⃣ Last Week’s Pattern Repeats Itself
Bitcoin shot up above the resistance at $70K, thrilling bulls everywhere. But then… it reversed. Six straight red days followed, liquidating millions of traders. Those gains? Completely reversed.
2️⃣ The Deceptive New All-Time High
This week, Bitcoin again pushes past resistance, sparking dreams of a new ATH and that elusive $100K milestone. Yet here we are, trading below $80K, with the week still young. Could we see history repeat itself as prices soon reverse? The same move above resistance… only to trap the bulls when it turns south.
Why Patience Could Be the Game-Changer
It’s tempting to dive in, but this could be the classic bull trap, engineered to catch the overly eager. Bitcoin may be playing the game, teasing $100K only to fall short – again. Don’t get caught in the excitement. Remember, timing is everything in these markets.
So, is $100K around the corner? Not just yet.
Stay Smart, Stay Patient, and Remember – Not Every Moonshot is Real!
Namaste. 🌌
