Bitcoin Battling the Wrath of Gravity: $95K or Bust? 🥴🚀

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In the shadowed corridors of finance, where men chase illusions and the specter of wealth dances mockingly, Bitcoin has now plummeted for six days-a relentless descent that bears a striking resemblance to the fall of great empires, each collapse echoing the hubris of those who built them. Now, its price languishes around $112,000, a number that might seem lofty but is merely a whisper compared to its past grandeur. Meanwhile, Ali Martinez, a cryptic prophet of charts, has discerned a sinister sign-a flicker of doom within Bitcoin’s holy grail, the RSI.

RSI Hints at a Bitcoin Price Crash to $95K

Martinez, a sage of numbers, warns that the recent dip below the 14-week moving average on Bitcoin’s chart is nothing less than a herald of impending disaster-a harbinger of a 24-26% decline, if history’s cruel lessons are to be believed. For those who trust the sacred Relative Strength Index, it signals waning fervor among the faithful, a sign that the current rally may be but a fleeting illusion in the vast desert of greed and despair. Truly, when the RSI shows its teeth, it doesn’t just bite-it devours hopes.

This ominous pattern has appeared before-once in June 2024, when Bitcoin fell by about 26%, and again in January 2025, retreating nearly 24%. Now, in the year of auguries, it reemerges, whispering that a descent from $113,900 to a bleak $95,000 may be at hand, as though the earth itself conspires to remind the vaulting financiers that humility is the only true virtue.

Ah, the cycle of hubris-every rise breeds a fall as predictable as sunrise, yet we watch, entranced, as if history might spare us this time. Yet, if the pattern repeats-as it has so faithfully-Bitcoin’s future may resemble a somber tragedy: a descent into the depths of loss, dragging hopes down from their lofty perch.

Arthur Hayes Predicts a Drop to $100K

And lo, not only Martinez foresees doom; Arthur Hayes, a veteran among prophets, also predicts a descent to the enchanted number-$100,000. His vision is rooted in the shadows cast by a weakening economy, the July report whispering of fewer jobs, of a land caught in confusion and retreat. Hayes gauges that beneath this chaos lie the key mystical levels-Fibonacci, the 200-day moving average-guardians of the psyche of the market, ready to yield if the tide turns.

Bitcoin ETF Outflow Continues as Fading Institutional Interest

Simultaneously, the mighty institutional giants-Fidelity, Grayscale, ARK-all withdraw their support like dissatisfied suitors deserting at dawn. Five days of outflows reveal a troubling truth: the allure of Bitcoin wanes in the halls of power. When the grand investors retreat, the smaller explorers-those bold enough to buy at the bottom-may panic, triggering a cascade of despair that accelerates the fall. It is a dramatic dance, this push and pull, yet some still cling to hope, believing this is merely the calm before the storm of a glorious rally.

Thus, we stand at the crossroads-each fluctuation a reminder that in the realm of wealth, certainty is but an illusion. Whether it plunges to $95K or rises anew, only time shall tell, and perhaps, just perhaps, the joke is on all of us, playing out in the grand theatre of endless speculation.

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2025-08-06 09:53