BTC Plummets to $115k! Will It Crash to $112k or Bounce? 🚀

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Ah, behold the mighty Bitcoin whale, a venerable OG from the halcyon days of Bitcoin mining, who’s currently engaged in a grand spectacle of selling 80,000 $BTC. The price, in a dramatic plunge, has hit a mere $115,000. Will it plummet further to $112,000, or is a bounce on the horizon? fish💸

$BTC price forms bull flag

The short-term chart for $BTC reveals a precarious dance on the edge of the abyss. The once-triangle pattern has morphed into a flag, a fitting symbol of Bitcoin’s recent movements, as if it’s trying to signal a ‘Bull’ while being tugged by the ‘Bear’. 🐘

Will the bulls hold the line, or will the bears drag the price below the flag’s base, triggering a swift descent to $112,000? The tension is palpable, like a sock puppet on a tightrope. 🧦

Heavy selling from OG whale

According to the Lookonchain X account, a 10K $BTC selloff from an OG whale has occurred, followed by another 2,850 $BTC sent to exchanges. This is no mere trickle; it’s a flood, as if the whale is preparing for a submarine expedition. 🐟

either the price plummets below the flag to $112,000, or the bulls hold firm, setting the stage for a bounce. Remember, the bull market is still alive, the trend is up, and this might just be a minor hiccup. Or, you know, a full-blown crisis. Who knows? 🧠

Measured move out of bull flag to $130,000

The daily chart reveals the bull flag’s formation. If the price holds, a measured move towards $130,000 might occur, as the chart’s red arrows suggest. But is this a target, or a mirage in the desert of crypto? 🧭

At the chart’s bottom, the Stochastic RSI indicators are near the floor, but the next day or two might see them bounce back. This correction, it seems, is nearing its end. Or maybe it’s just taking a nap. 🛌

$BTC price about to become more parabolic?

The weekly chart shows the price breaking free from its curve, hinting at a parabolic rise. If Bitcoin is indeed in its final bull run, reaching $130,000 might just be the prelude to a larger, more chaotic dance. 🕺

Predicting the future is like trying to catch a greased pig in a hurricane. Will this bull market follow the 4-year cycle, or will institutional money extend it into a marathon? The answer is as clear as mud. 🧼

Soon, we’ll find out if the Stochastic RSI indicators on the weekly chart will rebound from 80.00 or stay at the top, signaling a bullish surge. Until then, we’re all just spectators in this financial circus. 🎪

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2025-07-25 12:47