Hold onto your hats, folks! Crypto whiz Adez has spilled the beans on what’s really going on behind Bitcoin’s shiny $116,000 fancy dress. Spoiler alert: it’s not a bullish bash, more like a clever game of hide-and-seek where everyone’s fooled. 🎩🚀
What Are Traders Blinding Themselves To While Bitcoin Flashes Its Bling?
In a cheeky little post on X (you know, that place where people pretend to be Hollywood stars), Adez pointed out that Bitcoin sashayed from about $111,000 to $115,500-everyone’s jumping for joy, thinking the moon’s imminent. Turns out, it’s more like a magician’s trick! 🎩✨
He says Bitcoin basically swept the Value Area High at $114,600, like a kid rummaging through the fridge, but the volume? Barely a whisper. The CVD? As sleepy as a Sunday afternoon nap. Open interest? As flat as a pancake. Funding rate? Still at 0.01%, which is as exciting as watching paint dry. So, basically, this whole rally was a liquidity grab, a big picnic for whales with no real investors biting. 🐳🦈

What’s next? Well, Adez says, don’t get your party hats out just yet. After these sneaky quick squeezes, the Bitcoin price often does a quick moonwalk-back down below $114,600, lower lows, and CVD dropping faster than your favorite ice cream on a hot day. If it breaches $114,839 on H1, then drops past $113,560 on H4, it might just be time to brace for a fall to the $104,000-$106,000 range-where the real smart money is waiting, twiddling their thumbs and loading up. 🕵️♂️📉
Why This Whole Price Puzzle Actually Makes Sense (If You’re Into That Sort of Thing)
Adez points out that November is historically a bit of a gold mine for Bitcoin-about 60% bullish-and Q4 tends to roll in with about 65% winning streaks. But these rallies? They aren’t built on thin air. Nope-they start where the big boys hide their shiny coins, around $109,000 of “point of control,” and between $104,000-$106,000, which is basically the secret clubhouse for heavy buy orders. 🤫💼
Right now, Bitcoin’s floating above those sweet support zones-like a balloon at a birthday party, just waiting for someone to pop it. Retail folk see the $115,000 breakout, buy in, and get caught in the quick reversal-only to get a big old weekend at the casino. Meanwhile, the savvy whales? They’re selling into the pump, waiting patiently for the dip, and loading up at that magic $104-$106K zone, ready for the fireworks to come. And when they do? Watch out-Bitcoin could zippity-zip all the way past $130,000! 🎆🚀
Right now, the price’s hanging around $113,000-a little down in the last 24 hours, per CoinMarketCap. Looks like the game’s far from over, and everyone’s favorite rollercoaster just took a quick drop. Buckle up!🎢
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2025-10-29 20:12