Ah, the markets-a theater of the absurd, where the players dance to the tune of fear and greed. Veteran trader James Wynn, a modern-day Cassandra, has cast his gloomy gaze upon the global stage, predicting a week of carnage for both stocks and cryptocurrencies. 🩸💸
- James Wynn foresees a tempest, with BTC threatening to plunge below $100K. 🌪️
- $478M in crypto liquidations in 24 hours-long traders weep into their ledgers. 😭📉
- November’s bullish history whispers hope, but will it be enough? 🤔🤞
Wynn, with the gravitas of a prophet, declares that Bitcoin might shatter the $100,000 threshold-a psychological blow akin to a clown’s pie in the face. In a Nov. 3 post on X, he warns of “one of the worst weeks” for both traditional and digital assets, urging traders to abandon leverage like a sinking ship. 🚢🔥
The Market Bleeds: Fear and Liquidations Reign
The crypto market, still reeling from October’s flash crash ($19B in liquidations-ouch!), continues its descent. Bitcoin lingers below $108,000, while Ethereum clings to $3,700 like a barnacle on a shipwreck. 🦀💔
CoinGlass data reveals a 377% spike in liquidations to $478M, with $422M from long positions. Open interest shrinks 1.64% to $154B-a silent scream of waning confidence. 📊😱
“I believe this is going to be one of the worst weeks we have seen in stocks and crypto for a very very long time 🩸🚨
– SPX is topping.
– BTC drops below $100k.Max pain, max fear. HODL. Avoid perps, avoid volatility.
I’m still…”
– James Wynn (@JamesWynnReal) November 3, 2025
The Crypto Fear & Greed Index, a barometer of collective anxiety, climbs 5 points to 42-still firmly in “fear” territory. The total crypto market cap plunges 3.6% to $3.6T, mirroring the global equities’ trembling knees. 🤡🌍
Wynn’s bearish growl echoes the growing unease over monetary policy and trade tensions. If the Federal Reserve roars hawkishly or U.S.-China tensions flare, Bitcoin could test $100,000 like a tightrope walker over a volcano. 🦅🌋
Short-term Outlook: Doom vs. Seasonal Sunshine
Analysts predict Bitcoin will wobble between $100,000 and $110,000, with $95,000 looming if $100,000 crumbles. Yet, November’s historical bullishness offers a glimmer of hope-past cycles saw 25-30% gains. Could a rebound be nigh? 🌞🚀
On the flip side, dovish Fed whispers or ETF inflows might propel Bitcoin toward $125,000-$130,000. But for now, the markets are a circus of uncertainty-grab your popcorn and brace for the show! 🍿🎪
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2025-11-03 18:12