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Bitcoin Showdown: $175K or $91K Doom? The Wild Ride Begins!
Bitcoin is STRAP IN! King BTC is holding steady at a jaw-dropping $103,000, but don’t let the calm fool you—storm clouds are gathering on the horizon!
🔮 The Bullish Dream: $175K Awaits!
Analyst Egrag Crypto isn’t holding back! He boldly claims that Bitcoin hitting $175,000 is “Solid as a Rock!” This price point isn’t just a wild guess; it’s backed by history! With BTC’s “cycle top” linked to epic EMA breakouts and a mind-blowing 10X leap from 2017’s $20,000 peak, Egrag’s got the numbers to back it up!
He’s seen the pattern before: close above the 21-week EMA, and BTC pumps HARD! The numbers scream potential: 60%, then 170%, and another 75%—that’s an average soaring skyward by 101%! And guess what? Egrag predicts this will propel BTC straight to the $175K finish line. “Men lie, women lie, numbers don’t!” he quips. (You tell ‘em!)
💔 But Here Comes the Downside!
Not everyone is dancing in the Bitcoin rain! Investor Daan Crypto Trades throws a wet blanket on the party, predicting a gloomy weekend of stagnation and gripping volatility. BTC is stuck in a tight cage between $101,000 and $105,000. “No action for now!” he shrugs, warning of low liquidity and unease.
👻 The CME Gap: A Ghostly Threat!
Looming like a dark shadow, an unfilled CME gap between $91,970 and $92,520 is sending shivers down the spines of traders! Some fear Bitcoin must dive down into this abyss before it can ever dream of reaching the heights of $175,000.
“There’s a chance BTC could drop around 12% to close this gap,” warns Egrag, although he’s still hopeful for a glorious rally that could touch the $130,000-$140,000 mark before any major corrections hit.
As of now, BTC is still 4.9% below its all-time high, and while it dipped slightly by 0.4% this week, it’s outpacing the broader crypto market’s 1.6% bloody nosedive.
⏳ The Moment of Truth: Blast Off or Crash?
The clock is ticking! Will Bitcoin’s price catapult to $175,000, as the die-hard bulls predict? Or will the dreaded CME gap pull it into the depths? Buckle up; it’s going to be a wild ride!
