In the dusty plains of the crypto frontier, Bitcoin, that stubborn mule of the digital age, is stirring again. After a bruising tumble from the lofty heights of $115,000, it lies in the dirt, blinking at the sun, as if to say, “Was that all you got?” Beneath the surface, like a quiet stream carving through hard rock, bullish momentum is gathering. The air is thick with the scent of recovery, though the path ahead is as uncertain as a gambler’s luck.
The Great Fall: When $115K Said “Not Today, Cowboy” 🏇💥
Kurnia Bijaksana, that sage of the crypto canyons, chimed in with a tale as old as time itself. Bitcoin, along with its rowdy cousins, the altcoins, took a spill last night-a sharp decline that sent traders scrambling like chickens in a thunderstorm. The culprit? A stubborn resistance zone near $115,000, as unyielding as a mule with a mind of its own. The rejection sparked a sell-off, a stampede across the crypto plains, leaving analysts to sift through the dust for clues.
Yet, even in the wake of this chaos, Bijaksana spots a glimmer of hope. On the intraday charts, a rebound is taking shape, like a phoenix rising from the ashes-or perhaps just a stubborn prospector refusing to quit. Buyers are stepping in, defending key levels with the tenacity of a mother bear protecting her cubs. Whether this bounce turns into a full-blown rally remains to be seen, but for now, Bitcoin seems to be catching its breath, steadying itself for the next move.
The 1-Hour Chart: A Whisper of Bullish Winds 🌬️💹
Bijaksana, ever the keen observer, turns his gaze to the 1-hour chart, where Bitcoin is weaving a tale of potential reversal. A higher low is forming, a subtle hint of bullish intent, like the first green sprout in a parched desert. And there, lurking in the shadows, is the inverse head and shoulders pattern-a bullish signal as classic as a Steinbeck novel. Its neckline, perched around $115,300, stands as the final frontier, the gate Bitcoin must breach to claim its glory.
Should it succeed, Bijaksana predicts a measured move toward $118,000, a prize as tantalizing as a cool drink on a hot day. But the crypto gods are fickle, and nothing is certain in this wild, wild west of finance. For now, Bitcoin trades at $114,315, its market cap a staggering $2.2 trillion, with trading volumes roaring at $58.8 billion. The game is afoot, and the players are watching, waiting, hoping-or perhaps just laughing at the absurdity of it all.
Read More
- SPX PREDICTION. SPX cryptocurrency
- USD GEL PREDICTION
- USD PHP PREDICTION
- USD IDR PREDICTION
- APT PREDICTION. APT cryptocurrency
- Silver Rate Forecast
- BTC PREDICTION. BTC cryptocurrency
- Gold Rate Forecast
- EUR USD PREDICTION
- ICP PREDICTION. ICP cryptocurrency
2025-08-06 17:27