Behold, the fickle dance of Bitcoin hovers precariously at the melancholic support of 83,180. Analysts whisper, with a hint of despair, that a slip below this point may incite a disastrous pounce towards the November abyss.
Bitcoin finds itself at a pivotal crossroad, using micro support like a brush in an artist’s trembling hand. The ruling cryptocurrency wanders near significant fiscal milestones, its behavior dissected by technical analysts with bloodied pencils and looming skepticism.
Source: Morecryptoonl
Behold, the BTC! Resting upon micro support, as evidenced by Morecryptoonl on X. The price’s antics hint at the last hurrah of wave B of IV, a brief, woeful pause before potentially teetering one more desperate step upwards. Alas, a drop below 83,180 would be an omen. This betrayal of trust could herald a grim wave V descent.
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The Fate of $85K Support: Resilience or Shattering?
Presently, the fraught retest of the $85,000 to $86,000 zone draws gasping attention. Bitcoin’s gyrations here will decide its immediate destiny. The market spectators watch with bated breath, their eyes glued to these elastic price brims as if they were witnessing an opera’s crescendo.
TedPillows, a voice in the digital wilderness, cried out on X about this critical zone. Bitcoin endures yet another trial at the $85,000-86,000 boundary. A failure to uphold this line could herald a brand of mayhem known only to bears.
Traders brace for a chilling replay of November’s lows. The warning bell tolls ominously, unveiling the shadows beneath the current price image.
Source: TedPillows
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Elliott Wave Analysis Foretells a Digital Drama
Our charts speak of economic ballet, with market structures writhing in delicate balance. The crucial $83,180 threshold stands like a solitary soldier. Bulls, ever hopeful, seek one last surge while bears salivate silently, anticipating a spiral into lower despair.
The Elliott Wave whispers a solemn advice: Prepare for all outcomes. A plunge below micro support ushers in a torrent of selling, and the specter of November’s lows becomes real and imminent, threatening more chaos.
Mark my words, treasure hunters! The next ledger of sessions will decide our course. Support and resistance stages endure their own trials by fire as traders gamble for descent or ascent.
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2025-12-17 03:25