"I Told Faheem to Buy Bitcoin at $9,000 – Now He’s Crying"
We all have that one friend who doesn't listen. For me, that friend is Faheem.
It was back when Bitcoin was trading at just $9,000 – the perfect time to get in. I remember telling Faheem clearly, “Bro, this is your moment. Buy Bitcoin. You’ll thank me later.” But Faheem, ever the skeptic, brushed it off with a laugh. “Too risky,” he said. “It’s probably going to crash.”
Fast forward to today, and well… let’s just say Faheem isn’t laughing anymore. In fact, he’s crying (literally and financially).
As Bitcoin soared past $60,000, I kept sending him screenshots. Memes. Charts. You name it. His reaction? A mix of regret, disbelief, and the classic “I should have listened to you.”
We’ve all heard stories like this, but when it hits close to home, it’s a whole new level of painful comedy. Of course, I didn’t rub it in too hard – okay, maybe just a little. But in all seriousness, this story is a reminder: sometimes the best opportunities are the ones that seem risky in the moment.
To Faheem (and all the other Faheems out there), let this be a lesson. Next time someone hands you a golden tip, maybe—just maybe—give it a second thought.
And to those of us who did buy at $9,000... cheers. 🍻
🚨 Global markets stage a strong rebound after days of heavy losses — but Bitcoin is still lagging behind 👀 Risk assets are showing signs of a major recovery: 📈 US stocks: More than $2 trillion in market capitalization added overnight. 🥇 Gold: Surged nearly $100 within 24 hours. 🇰🇷🇯🇵 Asian markets: South Korean and Japanese stocks posted solid gains. 🛢 Oil: Dropped nearly 6%, as hopes for an end to the Iran conflict grew following Trump's signals that further attacks could be avoided if peace negotiations progress. Meanwhile, Republican Congressman Thomas Massie has introduced articles of impeachment against Defense Secretary Pete Hegseth over his handling of the war. But there's one notable outlier: Bitcoin remains relatively weak, struggling to recover and hovering around the $74K–$75K zone. While traditional markets are bouncing back, crypto has yet to show the same strength. Will BTC eventually catch up, or is the market waiting for a stronger catalyst? 👀 $BTC $ETH #NvidiaInvestigatesAfterHuang’sAffairApology #CPITestsDecemberRateOutlook
Fear & Greed Index 🔹 Now 25 Extreme Fear 🔹 Yesterday 28 Fear 🔹 Last week 30 Fear 🔹 Last month 64 Greed #fear&greed #JobsReportRaisesHikeOdds $BTC $ETH $BNB
On November 5, the AI trade cracked. The Nasdaq fell 5.52%, the S&P 500 lost 4.36% and the Dow dropped 1,833 points, erasing the entire post-midterm rally in a single session. The chip index SOX crashed 12.25%, with all 30 of its stocks in the red.
Memory and storage took the hardest hit: Sandisk −22.3%, Micron −17.5%, Western Digital −17.4% and Seagate −16.3%. AMD fell 17.3%, while Lam Research, Applied Materials and KLA all lost more than 13%. Software didn’t escape either: Palantir, CrowdStrike and Palo Alto Networks each dropped almost 10%.
The 24 biggest decliners worth over $100B lost $1.40T combined. TSMC alone shed $221B, Tesla $164B, Broadcom $162B and Micron $157B. Nvidia fell 9.3%, just missing the list, yet lost more than anyone else: $447B in one day.
This chart is telling a very clear rotation story. This is the classic setup traders watch for an *Altseason signal.*
*1. Top Chart - BITCOIN DOMINANCE (BTC.D) at 60.43%*
BTC.D is trapped in a *Rising Wedge.* - It has been rejected 3 times from the upper white trendline, at those blue circled areas. Buyers are failing to push it higher. - The lower white line is the support. - Right now it's at 60.43% and the red arrow shows the expectation: if that lower line breaks, BTC.D can drop straight to 58.50% - 58.00%.
When BTC.D falls, it means money is rotating out of Bitcoin and into Altcoins.
*2. Bottom Chart - ALTCOIN DOMINANCE*
This is the most important part. - Altcoins tested the grey 53.8% resistance line 2-3 times before, and now they have *broken out above it and successfully retested it.* - Now it's holding above 54% and the green arrow is pointing up. That means the breakout is confirmed. - If it stays above 54%, the next targets are 56% - 58%.
*In simple terms:*
Bitcoin Dominance is exhausted at the top, Altcoin Dominance has broken out from the bottom. Together they are saying *capital rotation is happening.*
This is not a 100% guarantee, but if BTC.D gives a daily close below 60%, the chances of a sharp move in Altcoins become very high.#altcoins #BTC $BTC $BTCDOM $ETH
*Market Overview:* Bitcoin recovered after dropping below $81,000 yesterday and is now trading around *$83,700*. Yesterday around $774M in long positions were liquidated, which is why the market is still scared.
*Today's Performance:* Market is in a slight relief rebound: - *BTC:* +1.21% - back above $83,000 - *ETH:* +1.88% - above $2,500 - *Strongest Sector:* Layer2 +2.90% - OP +19.98% and ZK +10.69%
Everyone is in Wait & See mode because US CPI data is coming today at 8:30 AM ET / 5:30 PM Pakistan time.
*Key Levels:*
- *BTC Support:* $83,200 - $83,400 - This zone MUST hold. If it breaks, next supports are $82,000 and then $81,000. - *BTC Resistance:* If it closes above $84,000 - $84,300, it can go to $85,000 and then $86,700. - *ETH Support:* $2,400 - $2,440 - *ETH Resistance:* $2,545 - $2,580
*BERA / USDT - Your coin:* Currently at $0.224, support is still $0.2075 as I told you. If BTC holds its $83,200 support, BERA can go to $0.235.
This is just a relief rally right now, not a confirmed trend reversal. Today's CPI will decide if the market goes up or retests $81k. $BTC