Bitcoin Climbs $90K, But Analysts Say It’s Just a Slight Hike!

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Bitcoin’s back above $90K? What’s next, a tax break? 🤯 The crypto world’s favorite rollercoaster just did a 360° spin, bouncing back from near-$80K like it’s 2017 again. 🚀 The price surged 4% in 24 hours, touching $91,200-because nothing says “optimism” like a Fed rate cut in December. 🎉

But here’s the thing: analysts are like, “Hey, don’t get too excited, it might all fall apart like a Jenga tower in a earthquake.” 🧱

Risk Appetite Returns as BTC Leads Market Rebound

After weeks of chaos, Bitcoin’s latest rise is like a bad reality show-unpredictable but hard to look away. Ethereum’s back above $3K, and altcoins are doing the “I’m not a bubble, I’m a rocket” dance. 🚀

Market analysts are now betting on a Fed rate cut like it’s a lottery ticket. 85% chance? More like 85% chance of disappointment. 🎰

And don’t even get me started on that 1.8 million BTC withdrawal. Are they trying to make a point? 🤔

Regardless, the Fear & Greed Index is in “Extreme Fear”… which is basically the same as “moderate fear” but with more dramatic music. 🎵

Analysts Warn of Resistance Ahead

Resistance at $92K-$95K? Sounds like a new reality show. 🎬

Ed Engel says it’s early signs of capitulation… which is just a fancy way of saying “we’re all out of ideas.” 🤷‍♂️

Whales are selling off like it’s Black Friday. 🛍️ Meanwhile, institutions are trimming exposure like they’re on a keto diet. 🥦

Some traders expect a retest of $82K? Sounds like a bad dating app. 📱

A Market at a Crossroads

Bitcoin’s recovery is like a middle-aged man’s gym routine-full of hope but zero follow-through. 🏋️‍♂️

The next major catalyst? Probably a Fed announcement that’s 50% hype and 50% confusion. 🤯

Cover image from ChatGPT, BTCUSD on Tradingview

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2025-11-28 06:14