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🚨 Bitcoin Alert? Or Just Another Shake-Up? 🐳💸
$BTC is showing signs of weakness as it slips down to around $115,700 📉 — and renowned analyst @CaptainFaibik has just issued a warning about a new Rising Wedge pattern. He is targeting an important threshold: $113,000. If BTC closes below this level, we could see a collapse down to the $95,000 - $98,000 range.
What is causing the pressure? 🧐
🔹 Galaxy Digital is reported to have sold 10,000 BTC ( for 1.18 billion dollars )
🔹 370 million USDT withdrawn from exchanges
🔹 3% discount in 1 hour
🔹 144 million dollars in long position orders have been liquidated 💀
Meanwhile, the daily trading volume surged by 23% to $87.4 billion - primarily due to whales shaking off weak hands. A classic trap setup?
Faibik also discovered Bearish PO3 — a move that deceives late buyers before wiping out their liquidity. 📉🎯
Patience > Prediction
Faibik has not jumped in yet — and we should not either. The market loves to lure those who are too confident into trades. The real strength ( or collapse ) will be shown after the trading session closes.
Is this dip the last chance to buy at a lower price before BTC goes up again? Or is the wedge pattern ready to break out? 🧠