Bitcoin’s Wild Ride: Will It Hit $100K or Crash to $30K? You Won’t Believe What Happens Next!

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  • A Q1 2025 fractal and market conditions that scream “oversold” suggest Bitcoin (BTC) might chill out for a bit before eyeing that sweet $98,000 to $100,000 mark.

  • One bold analyst is predicting a “rising wedge breakdown,” which could send BTC spiraling towards the dreaded $30,000. Yikes.

Okay, so here’s the deal. Bitcoin got a little bit of a boost when Nvidia dropped some surprisingly good news about its revenue outlook (nothing like a little AI bubble reassurance to get things buzzing). But, surprise surprise, the gains didn’t last long. As the Dow did its usual rollercoaster routine, Bitcoin took a nosedive to a new monthly low of $86,400. Oh, the drama!

Bitcoin’s Bullish Hopes: Just Like Q1 2025, But With More Drama

According to analyst Cas AbbĂ©, Bitcoin’s recent slump is like dĂ©jĂ  vu from Q1 2025. Back then, BTC got all excited near its new all-time high, then took a plunge below a key support level-classic move, right? And guess what? It decoupled from a rising stock market and bottomed out in what we now call a “multi-week accumulation range” (which, in simpler terms, means it was snoozing until the next big thing happened).

AbbĂ© even pulled out the chart to show us that the pattern is almost identical, adding that BTC will likely “consolidate between $85,000 to $100,000 for 3 to 4 weeks.” So if you’re looking for some excitement, you might have to wait a little longer.

Now, don’t get too comfy. Both of these market corrections were fueled by some serious macro fears. In Q1, it was the US tariff war that had everyone panicking. This time, it’s the AI bubble fears that are sending the market into a tailspin. But then-plot twist!-Nvidia’s upbeat outlook came to the rescue, and suddenly, all was calm again. Until, you know, it wasn’t.

In short, this fractal thing means Bitcoin has a shot at retesting $100,000 by the end of the year. But, obviously, things can change faster than your average influencer’s mood swings.

Meanwhile, analyst BitBull is still riding the “bullish reversal” wave. BitBull thinks Bitcoin’s in a deep oversold situation, and hey, that might mean it’s ready for a little bounce. It’s like finding a sale on a Prada bag-might be worth the risk.

BTC is hanging out near the lower boundary of a multi-week downtrend, a place that has previously acted like a cozy little accumulation zone. Translation: It’s a good spot to buy low (if you’re feeling brave). And let’s not forget, Bitcoin’s weekly RSI is in “oversold” territory. If that doesn’t scream “buy me,” I don’t know what does.

But, of course, not everyone is so optimistic. Enter analyst AlejandroBTC, who’s been waving a giant red flag about Bitcoin’s “rising wedge.” If you’re not familiar with the term, it’s a technical pattern that usually means the end of a trend. So, AlejandroBTC’s forecast? A possible decline to $30,000. Yikes, right?

Rising Wedge Breakdown: $30K Target? Say It Ain’t So!

If you ask AlejandroBTC, the whole rising wedge pattern is just waiting to collapse, and when it does, Bitcoin could be headed straight for $30,000. Apparently, this is a “measured move,” which sounds technical, but basically, it means Bitcoin could plunge down to a level that aligns with some major historical support zones. Not exactly a thrilling prediction, huh?

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2025-11-20 22:30