Bitcoin’s $80K Meltdown: A Tale of Greed, Whales, and Unfulfilled Promises

Take a gander at the daily chart, and you’ll see BTC busted out of a descending channel that’s been tighter than a new pair of boots since its $120k glory days in ’25. The 100-day moving average-$72k to $73k, for those keeping score-has been tossed aside like yesterday’s newspaper. Two big support pillars now sit below the price, playing hide-and-seek. The RSI, that ol’ market mood ring, hovers above 50 but hasn’t screamed “OVERBOUGHT!” yet. So, bullish momentum? It’s sipping lemonade on the porch, not sprinting.




