$77K → $62K → $57K → $49K → $45K
It looks clean, but Bitcoin rarely follows a predictable script. Here is why calling for a straight slide to $45K misses the bigger picture:
Institutional ETF Absorption: Dips below $60K trigger aggressive ETF and corporate buying, creating a strong liquidity floor that prevents clean downward bleeds.
Favorable Macro: Global rate cuts and expanding liquidity provide tailwinds that consistently disrupt multi-month bear patterns.
Short-Squeeze Traps: When traders stack identical short targets, the market usually triggers sharp, liquidating rallies before any real trend continues.
The Consensus Fallacy: When a specific price trajectory becomes obvious on social media, the market almost always paints a different chart to trap late sellers.
