Its rising wedge xd not falling wedge . And secondly in november you will see a rally towards new highs . The market is trying its best to push retail investors out
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Professor Mende - Creator of the bonuz Human Layer
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🚨 Bitcoin to CRASH to $72k? 400,000 BTC Sold!
In the last 30 days, long-term Bitcoin holders have offloaded 400,000 BTC, worth over $42 billion - their biggest sell wave since early 2021. Add another $3 billion in panic-selling from short-term holders, and you’ve got a market under heavy stress.
Yet somehow, Bitcoin is still holding the $100K zone. When veterans unload this hard, it usually signals the late phase of a distribution cycle. Smart money takes profits, weak hands capitulate, and liquidity rotates to new buyers. The fact that BTC hasn’t collapsed 30–50% despite this sell pressure shows how deep institutional demand has become.
Technically, the chart’s showing a falling wedge, a pattern that could push BTC toward $72K if momentum breaks down further. Some models even suggest a temporary bottom near $60K before the next leg up.
But context matters - every deep flush in Bitcoin’s history has set the stage for the next parabolic move. From $30K to $15K in 2022, from $69K to $16K in 2023 - same fear, same narrative, same ending.
This is the part of the movie where conviction gets tested. And every cycle, the ones who pass that test write the next bull story.
#MarketPullback #BitcoinPrice #BTCReserveStrategy #BitcoinNews #CryptoMarketNews
In the last 30 days, long-term Bitcoin holders have offloaded 400,000 BTC, worth over $42 billion - their biggest sell wave since early 2021. Add another $3 billion in panic-selling from short-term holders, and you’ve got a market under heavy stress.
Yet somehow, Bitcoin is still holding the $100K zone. When veterans unload this hard, it usually signals the late phase of a distribution cycle. Smart money takes profits, weak hands capitulate, and liquidity rotates to new buyers. The fact that BTC hasn’t collapsed 30–50% despite this sell pressure shows how deep institutional demand has become.
Technically, the chart’s showing a falling wedge, a pattern that could push BTC toward $72K if momentum breaks down further. Some models even suggest a temporary bottom near $60K before the next leg up.
But context matters - every deep flush in Bitcoin’s history has set the stage for the next parabolic move. From $30K to $15K in 2022, from $69K to $16K in 2023 - same fear, same narrative, same ending.
This is the part of the movie where conviction gets tested. And every cycle, the ones who pass that test write the next bull story.
#MarketPullback #BitcoinPrice #BTCReserveStrategy #BitcoinNews #CryptoMarketNews
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