Bitcoin (BTC), that fickle lover of fortunes, fell into the abyss of local lows after Monday’s Wall Street masquerade, as analysts, those modern-day prophets, warned of “rising” macro headwinds-like a storm of uncertainty brewed in the kitchens of Wall Street’s sorcerers. 💸🧙♂️
Key points:
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BTC’s price action, a tragic opera of despair, plumbed new local lows as daily losses screamed 7%-a chorus of despair echoing through the crypto catacombs. 🎭
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Bitcoin, now a beggar in the streets of Asia, faced tailwinds that would make a dachshund weep, exacerbating liquidity’s cruel joke. 🐾
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A trader, clutching a crystal ball stained with coffee, declared this week’s sessions will decide 2025’s fate-like a Russian novel’s climax. 📖
Wall Street Selling: The Final Act of BTC’s Tragedy
Data from CryptoMoon Markets Pro and TradingView revealed BTC’s daily losses, a 7% hemorrhage, as BTC/USD slumped to $83,814 on Bitstamp-a number so low it could make a monk weep. 🧘♂️
A grim weekly and monthly candle close gave bears the upper hand, and as US traders returned from the Thanksgiving holiday, crypto saw little relief-only the whispers of sell pressure. 🧠
“The selloff was triggered by a string of bearish developments across Asia,” QCP Capital, the modern-day Cassandra, lamented in its “Asia Color” market update. 🧙♀️
QCP referenced hurdles for crypto: Japan’s interest rates, a liquidity desert, and Strategy’s Bitcoin corporate treasury holdings-like a villain’s plot in a Soviet thriller. 🎭
By contrast, Monday marked the end of the Fed’s quantitative tightening-a miracle, perhaps, but one that only opened the door to risk-asset capital inflows. 🚪
“The critical question now is whether BTC can defend prior lows as bearish sentiment builds. This will hinge on liquidity conditions and Strategy-related flows. BTC’s rapid adjustment to liquidity shifts remains a defining trait, and this morning’s drop underscores that sensitivity,” it wrote. 🧠
“With US liquidity easing and macro headwinds from Asia intensifying, the next few sessions will be pivotal in determining whether BTC can end 2025 in the green.” 🌱
Bitcoin: A “Massive Opportunity” or a Fool’s Gambit?
Among traders, the mood was predictably grim-a chorus of despair. 🧟♂️
Bearish arguments leveraged multiple factors, including the Coinbase Premium flipping negative after a “green” spate of just three days-proof that even the sun must set. ☀️
$BTC Dumped 5% today and only now we have increasing OI with price bleeding, shorts chasing this. Also, Coinbase discount is back, not good. Bearish vibes.
– exitpump (@exitpumpBTC) December 1, 2025
“Let’s keep it simple. We need to hold above 85.2K,” trader Killa warned, as if the numbers were a sacred scripture. 📖
“Lose that > structure remains in bearish territory. We need to reclaim the previous weekly open. (86.8K). Above 87K an we can retest the weekly open.”
Crypto trader, analyst, and entrepreneur Michaël van de Poppe, a modern-day prophet, argued that the market was in the process of establishing a reliable floor. “Whatever reason took down the markets again, the sentiment remains the same,” he wrote, as if the market were a drunkard’s lullaby. 🍷
“Bitcoin forming a bottom formation takes a bit of time before it’s finalized. Once that is done, I expect $ETH to outperform the markets.”
Van de Poppe described BTC/USD trading below $90,000 as “a massive opportunity to be scooping cheap positions”-a statement that would make a gambler weep with joy. 🎰
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2025-12-01 19:42