The sun rose over the digital plains, and the old trader, Peter Brandt, squinted at the horizon. With a hand as steady as the winds that sweep the Salinas Valley, he sketched a “dead cat” upon the Bitcoin chart. A grim figure, it loomed over the two-week tumble from the lofty $120,000 to the dusty $80,000s. Five waves of correction, he muttered, like the five fingers of a hand closing around a dream. And on the other side? Nothing but a feeble bounce, a whisper of hope in a desert of doubt.
The chart, a map of despair, pointed to the same old range: $88,000 to $92,000. A no-man’s land where traders circled like vultures, waiting for a sign. Brandt, the sage of the markets, declared this the only ground that mattered. But it wasn’t a stand-it was a stumble, a reaction to the storm rather than a dance in the rain.
Meow??? How high can the cat bounce? 🐱
– Peter Brandt (@PeterLBrandt) November 25, 2025
The market, a fickle mistress, echoed his sentiment. Liquidity dried up like a creek in August. Bid-ask spreads widened, gaping like old wounds. Order books, once thick as a harvest, thinned to the bone. Bitcoin ETFs, those shiny new toys, wobbled like a drunk on a tightrope. BlackRock’s IBIT bled outflows, and the smaller players? Well, they were just trying to keep their heads above water. The inflows of yesteryear? Gone with the wind, like a promise forgotten.
“Dead cat” or bear trap? 🐻🪤
The numbers told a tale of woe. Over $1.2 billion in long positions liquidated, leaving the field lighter but no stronger. No heroes rushed in to buy the dip, no bulls charged to reclaim the lost ground. The structure, a skeleton of hope, still whispered correction, not resurrection. Yet, there it was-a glimmer, a chance. If Bitcoin could close above $92,000, it would spit in the face of the dead-cat-bounce theory. It would say, “We’re back, baby!” But if it couldn’t? Well, the bears would keep their throne, and the market would stay in their icy grip. 🥶
So here we stand, at the crossroads of greed and fear, waiting for the cat to bounce. Will it soar like a phoenix, or will it land with a thud, a sad meow in the night? Only time will tell, and the markets, like the land, are patient. 🌾
Read More
- UNI PREDICTION. UNI cryptocurrency
- APT PREDICTION. APT cryptocurrency
- EUR IDR PREDICTION
- EUR PHP PREDICTION
- USD PHP PREDICTION
- EUR THB PREDICTION
- SPX PREDICTION. SPX cryptocurrency
- ICP PREDICTION. ICP cryptocurrency
- EUR AED PREDICTION
- Gold Rate Forecast
2025-11-25 12:49