BTC’s Grand Finale? 5 Things to Know (Spoiler: It’s Not Pretty! 😂)

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Bitcoin (BTC), that most fickle of financial paramours, now languishes in the shadow of its former glory as traders, poor souls, clutch their pearls with increasing desperation. Ah, what chaos awaits!

  • A colossal long liquidation event has resurrected $110,000 as a new CME gap, a glimmer of hope for bulls who clearly forgot what caution means. 🎢

  • Bitcoin whales, those aquatic titans of the crypto sea, have drawn the eye of scrutiny after a gargantuan BTC-to-ETH rotation. One might call it a midlife crisis with a side of profit-taking. 🐋

  • Smaller hodlers, the darlings of retail optimism, persist in accumulation mode, unlike whales who’ve clearly read the script and are cashing in. 🤷♂️

  • The latest BTC price action has birthed whispers that the entire bull market is over. How dramatic! Perhaps someone forgot to charge their phone? 🔋

  • The Fed’s “preferred” inflation gauge returns, a relic of economic theater, as markets gamble on rate cuts like drunken sailors on a bet. 🎲

Bitcoin, now at multi-week lows as August nears its ignoble end, has left market participants scribbling new price targets like soothsayers with a caffeine addiction. 📊

Data from CryptoMoon Markets Pro and TradingView reveals BTC’s price action has become a masquerade of whipsaws since Sunday’s flash volatility. A true ballet of chaos. 💃🕺

This descent took BTC/USD to $10,700, a nadir since July 10, and a rude awakening for latecomers to the long party. 🛌💥

CoinGlass reports $640 million in crypto long liquidations in 24 hours-a feast for short sellers and a funeral for dreams. 🕯️

Traders, ever the drama queens, are split: some eye $110,000 as a bounce pad; others sip existential despair from coffee cups. ☕

$BTC / $USD – Update

$110,000 target on this dip is near close. I would like to see this hit and then consolidate for the next run up

– Crypto Tony (@CryptoTony__) August 25, 2025

Daan Crypto Trades, a trader with the charisma of a deflated balloon, declared an “important retest” underway. “This is the largest CME gap in weeks,” he sighed, as if lamenting the end of summer. 🌞

“This is the largest we’ve seen in several weeks. We have been opening up with gaps pretty often and most of these have been filling on Monday/Tuesday.”

Jelle, another trader with the energy of a sleep-deprived philosopher, warned, “Bitcoin is still murdering leveraged traders… the sharks are still hungry.” A poetic way to describe financial ruin. 🦈

“Would really prefer price holds this area, or we’ll fall back into the previous range which would open us up to another retest of $100k.”

CoinGlass data reveals a barren wasteland of bid support below price, as Wall Street opens like a reluctant guest at a funeral. 🕷️

Bitcoin OG: Whale Distribution “Healthy”

Sunday’s BTC plunge has thrust whales back into the spotlight, those noble beasts who’ve finally decided to cash in their seven-year-old coins. A retirement party with a side of panic. 🎉

A single entity sold BTC worth $2.59B over five days, tanking the market $4,000. The recovery? A mirage. 🌄

Arkham data shows this whale rotated BTC into ETH, buying 472,920 ETH and opening a $577M long. A masterclass in financial acrobatics. 🤸♂️

“No paper BTC conspiracies are required. The price has stalled because whales have hit their magic number and are unloading.”

Vijay Boyapati, Bitcoin enthusiast and self-proclaimed oracle, hailed this as “healthy,” adding, “This cycle is one of the greatest monetization events in history.” A sentiment as optimistic as a gambler at a casino. 🎰

Willy Woo, statistician and crypto sage, quipped, “Why is BTC moving up so slowly?” His chart revealed OG whales hoarding BTC bought at $10, now demanding $110K to sell. A riddle wrapped in a mystery. 🤔

“BTC supply is concentrated around OG whales who peaked their holdings in 2011. It takes $110k+ of new capital to absorb each BTC they sell.”

Glassnode data confirms 2,000 addresses hold 1,000-10,000 BTC-a new August high. Whales, it seems, are throwing a distribution party. 🎉

Smaller Bitcoin Hodlers Continue Accumulating

CryptoQuant, the optimist in a room full of skeptics, insists smaller hodlers remain in accumulation mode. “Not yet in full distribution,” they chirp, as if this weren’t a race to the bottom. 🏃♂️💨

BorisD, CryptoQuant’s voice of reason, noted Bitcoin’s post-ATH pullback phase, predicting a “retracement for a while.” A poetic way to say “good luck, have fun.” 🎈

Wallets holding up to 10 BTC keep adding exposure, while 10-100 BTC wallets have gone full distribution. Between 100-1,000 BTC, indecision reigns. A tragicomedy of market psychology. 🎭

“This level acts as a critical support-turning zone.”

CryptoQuant sighs, “Distribution is dominant but weakening.” A eulogy for hope, perhaps. 🪦

“The 105K level stands out as the strongest zone. A move down to this region would create significant stress… and widespread fear.”

Is the Bull Market “Over” Already?

Roman, the bearish bard, declared, “The $BTC bull run is over,” citing a head-and-shoulders reversal pattern. A Shakespearean tragedy, if only the audience weren’t all broke. 🎭

“The Head & Shoulders reversal AKA the bull killer. HTF is bearish. The $BTC bull run is over.”

Roman and ZAYK Charts cited weak volume and RSI divergence, a classic bearish sign. “BTC still moving exactly as Wyckoff predicted,” ZAYK declared, as if summoned by fate itself. 🧙♂️

US Inflation Battle Lurks in the Background

The Fed’s PCE Index, that economic oracle, looms as markets gamble on rate cuts. Powell’s Jackson Hole pivot? A surprise, yes, but now the crowd’s back to sipping lukewarm optimism. ☕

CME FedWatch Tool gives a 90% chance of a 0.25% cut. A gamble, perhaps, but Mosaic Asset warns, “Betting on multiple rate cuts might be misplaced.” A rare moment of clarity in a sea of madness. 🌊

And let us not forget Nvidia’s earnings, a potential storm cloud for crypto. “A strong performance expected,” whispers The Kobeissi Letter. One can only hope it rains gold. 🌧️💰

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2025-08-25 13:23