Well folks, crypto oracle Crypto Rover has gone and laid out a chart, showing Bitcoin bouncing on a support line tighter than grandpappy’s suspenders. Seems like those bullish folks are finally showing some gumption at a level that’s been standing tall like the old oak in the yard.
After a spell of looking about as lively as a cat in a rainstorm, Bitcoin is hangin’ around that $102,500 mark—right where history and Fibonacci folks say it should. Ain’t that cozy?
Meanwhile, the Swissblock folks reported a failed breakout above $106K—like trying to jump over a barn and landing in a pile of manure—followed by a mighty sharp rejection and so much volatility it’d make a squirrel nervous. But don’t fret, friends, the wise analysts say there’s “no panic,” and Bitcoin’s still cozying up to its old friend, the support zone. If $100K doesn’t hold, the next stop might be between $97K and $98.5K. Here’s the evidence: 
Structure Looks Weak as Day-Old Mutton, but Patriots Still Keep Hope Alive
Swissblock warns that the pattern’s a tad wobbly, like a drunk man on a tightrope. Yet, they say bulls have a shot at rallying—so don’t go burnin’ your barn just yet. Weekend price flattening? Just part of the game. Low-volume days usually mean a fresh round of buying and sellin’ is just around the corner, like a street preacher at midnight.
And if you look at the on-chain volume, it’s clear as a bell that folks still got a hankering for the $100K mark—just like folks still hanker for apple pie—crowd’s focus is dead set on that number.
What’s the Outlook? Well, Keep Your Powder Dry!
Right now, the important thing is whether Bitcoin can hold that $101.5K–$102.5K zone—if it does, maybe a bull or two will wake up. But if it falls apart, don’t be surprised if we tumble down to that $97K–$98.5K level faster than a fox in a henhouse. Traders are keepin’ their eyes peeled, waitin’ for signs of life—or a bigger storm brewing as the weekend draws near.
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2025-06-06 11:30