Bitcoin Bears Strike Back: What’s Next for BTC? You Won’t Believe It!

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The bears, ever so audacious, have stolen the limelight today, and CoinMarketCap is, unsurprisingly, keeping a close eye on the chaos. Who knew? 🤷‍♂️

BTC/USD

Bitcoin (BTC) has been playing the role of the timid lamb, sliding down by 2.24% in the last 24 hours. If this was a race, it’s the tortoise, not the hare. 🐢

But wait, there’s a glimmer of hope! On the hourly chart, Bitcoin is *gasp* attempting to break through the local resistance at $84,091. Who knows, if it succeeds, we might just see it stumble toward $85,000 like an awkward teenager trying to fit in at the cool table. 🙄

Yet, let’s not get too carried away. When we zoom out and take a good hard look, it’s clear the big picture involves Bitcoin doing its best impression of a parked car in the middle of the road. Sideways trading is still the king of the day. The volume is dropping, like the excitement of watching paint dry. And no one, I repeat, NO ONE, is gearing up for any sudden moves. 💀

So, dear traders, don’t expect fireworks anytime soon. Unless you’re into the ultra-slow, super-boring, and wildly predictable kind of fun. 🔥

For those of you trying to look into the future like fortune-tellers at a carnival, keep your eyes glued to the level of $87,500. Until we see that level break, it’s all about waiting for that sweet, sweet correction to come along. ⏳

As of now, Bitcoin is chillin’ at $83,832. I mean, who knew it could be so casual about it? 😎

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2025-04-16 17:31