BTC Plummets: Molière’s Take on the Crypto Crisis 🚀📉

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Almost all top 10 coins are in the red zone today, according to CoinStats. 🎭 Oh, the tragedy of it all! A veritable masquerade of losses, where even the most illustrious tokens don the color of despair. 😢

BTC/USD

The price of Bitcoin (BTC) has gone down by almost 1% over the last 24 hours. A mere 1%? How daring of it to dip so modestly! 🤡

On the hourly chart, the rate of BTC is far from the support and resistance levels. As neither side is dominating, there are low chances to see sharp moves by tomorrow. A stalemate as dull as a lecture on accounting! 📚

On the bigger time frame, sellers are also more powerful than buyers. If a bounce off does not happen, traders may see a level breakout, followed by a further decline to the $92,000-$93,0000 zone. A descent as inevitable as a goat’s leap from a cliff! 🐐

Such a scenario is relevant over the next few days. A prophecy as certain as a courtier’s flattery! 👑

From the midterm point of view, buyers are not ready to seize the initiative yet. In this regard, a correction to the next support of $88,772 may happen by the end of the month. A delay as frustrating as a broken clock! ⏳

Bitcoin is trading at $95,359 at press time. A figure as lofty as a poet’s ambition, yet as fragile as a bubble. 🌬️

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2025-11-16 21:29