Bitcoin: Still Just Sitting There 🤷

So, Bitcoin. It’s… existing. Truly. It’s in this state, this beige, lukewarm holding pattern, that’s less “calm before the storm” and more “your aunt Mildred’s waiting room.” Momentum? Honey, that left the building weeks ago. Now, it’s just reacting to things. Like it’s startled by a shadow. “Oh, a technical level! Quick, do something!” 🙄

Technical Analysis

By Shayan (who, I assume, is very tired)

The Daily Chart

Apparently, there’s this “descending trendline” which, to me, sounds like a really depressing roller coaster. Bitcoin keeps trying to climb it, gets smacked down, and honestly, I sympathize. It’s like repeatedly attempting to make eye contact with someone across a crowded room. Each failure is a tiny, digital humiliation. This $95K area? Forget about it. A graveyard of broken dreams. (And, you know, Bitcoin attempts.) If it stays below that line, it’s just polished disappointment, apparently.

And then we’re worried about $80K. Because apparently, that’s a “support” level. Supports are nice. I prefer a good armchair myself. But reportedly, if it dips below $80K, things get… more sad. 📉 More descending trendlines. The horror.

Basically, the chart says “patience.” Which, as a person easily irritated by slow checkout lines and hold music, I find deeply offensive.

The 4-Hour Chart

Four hours. That’s how long it takes me to recover from a particularly aggressive brunch. And in those four hours, Bitcoin… compresses. It’s like watching dough rise and then immediately deflate. It tries for $90K, gets politely but firmly rebuffed. Weak momentum, they say. I say, “Maybe it needs a nap and a strong cup of coffee.” ☕

If it falls below $85K? More downhill. If it somehow, miraculously, gets above $90K? Well, then someone had a good idea, and I probably missed the memo. 🤷

Sentiment Analysis

By Shayan (still probably tired)

Apparently, there’s a “liquidation heatmap.” It highlights where all the risky people are placing their bets. Mostly around $90K. Which, honestly, sounds like a terrible idea. It’s like a digital game of chicken, and someone’s going to lose. Either way, it’s not expected to increase value. It’s set up to absorb failures and benefit a few.🧐

So, basically, the heatmap suggests someone’s going to profit from other people’s misery. It’s a very robust ecosystem. It even gives a zone below the current price where the market could go…just because.

In conclusion? Bitcoin is stuck. Awkwardly. Between a rock and a hard technical analysis. It’s polite. It’s correct. It’s entirely devoid of excitement. I’m going to go look at pictures of cats.🐱

2025-12-21 12:32

Technical Analysis

The Daily Chart

The 4-Hour Chart

Sentiment Analysis

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