GregTheSpider69

In the uncharted voids of the financial cosmos, where mortal ambition weaves fragile webs of wealth, a malevolent shadow stirs—an impending black swan, a harbinger of economic doomsday, poised to rend the foundations of the global order. Bitcoin (BTCUSD), that shimmering idol of digital hubris, stands at $112,430, yet its radiance falters before an abyss so vast and incomprehensible that it threatens a 90% plummet to the accursed $10,000. I, a trembling scribe of the charts’ forbidden geometries, have glimpsed this unholy convergence: the collapse of the U.S. dollar, driven by de-dollarization and global instability, a cataclysm that will drag Bitcoin and all markets into the nethermost depths. From the shadowed corridors of global trade, a specter emerges: the unraveling of the U.S. dollar’s hegemony. Whispers on platforms like X and Reddit speak of a world turning from the dollar’s embrace, as BRICS nations—led by the indomitable wills of China, India, and Russia—forge a path toward de-dollarization. The U.S., burdened by a debt it can scarcely service, faces a fracturing of its superpower status. Posts on X foretell a cascade: tariffs, trade wars, and the erosion of the dollar’s reserve currency role, as nations hoard gold and pivot to alternative systems. This black swan, an event of unfathomable rarity and consequence, defies prediction yet looms with inevitability, its seeds sown in the hubris of unchecked monetary policy and geopolitical strife. The dollar’s collapse would unleash a maelstrom across markets. Stock indices, tethered to the dollar’s false stability, would crumble; cryptocurrencies, once heralded as safe havens, would not escape the chaos. Bitcoin, despite its decentralized allure, remains bound to the market’s mortal frailties, its price a reflection of sentiment and liquidity now poised to vanish into the Ether. Gaze upon the daily chart of BTCUSD, where the candles flicker like the last embers of a forsaken world. The price clings to a precarious support at $110,000, a level as fragile as the dreams of R’lyeh’s slumbering gods. A double-top formation at $124,364.49, etched on August 14, 2025, stands as a monument to hubris, its neckline broken, confirming a bearish prophecy. The descending channel, a lattice woven by unseen forces, guides Bitcoin toward oblivion, its lower boundary converging with the 0.618 Fibonacci retracement at $10,000—a level from the primordial days of 2017, now a crypt where the price may lie entombed.The Relative Strength Index (RSI), quivering at oversold depths, wails of exhaustion, yet the market’s madness heeds no such mortal pleas. The MACD, its lines entwined like the tentacles of some eldritch horror, signals a bearish crossover, while trading volume surges as panic grips the masses. On-chain data from CryptoQuant reveals whale selling and dwindling ETF inflows—$81.25 million for Bitcoin against Ethereum’s $309.48 million—portending a collapse in liquidity. The Fear and Greed Index, tilting toward terror, and Bitcoin’s dominance, slipping below 60%, herald a market poised for betrayal. The Unutterable Catalysts: Forces of the Abyss. What dread forces align to precipitate this cataclysm? The stars reveal their malign configuration: De-Dollarization’s Tide: BRICS nations, emboldened by strong-willed leaders, accelerate their shift from the dollar, hoarding gold and forging new trade systems. The dollar’s collapse disrupts global markets, draining liquidity from Bitcoin as investors flee to tangible assets. Geopolitical Tensions: Trade wars, intensified by proposed tariffs exceeding 60% on Chinese imports, choke global commerce, as seen in maritime disruptions like the Red Sea crisis. The U.S.’s retreat from global conflicts under a new administration weakens its influence, hastening the dollar’s demise. Economic Fragility: The U.S. economy, teetering under rising debt and interest rates, faces a recession risk heightened by tariffs and a disinverted yield curve, a harbinger of downturns past. A global recession, as warned by KPMG, could follow, with unemployment spiking to 5.8% and markets reeling. Crypto Market Contagion: Speculative posts on X suggest a collapse in stablecoins like Tether, artificially propping up Bitcoin, could trigger an overnight crash, with liquidity shifting to alternatives like XRP. MicroStrategy’s leveraged Bitcoin holdings, if unwound, could amplify the rout, wiping out Wall Street’s crypto bets. The Trade: A Pact with the Void. To navigate this apocalyptic descent, heed this perilous strategy: Entry: Short BTCUSD at the retest of $112,000–$112,900, where the descending channel’s upper boundary aligns with resistance. This is the market’s final deception, a fleeting rally before the abyss. Stop-Loss: Place above $117,500, guarding against a false bullish surge, a cruel jest of the market’s unseen overlords. Targets: Target 1: $92,400, a short-term support where the market may pause its torment. Target 2: $50,000, a psychological bastion where mortal traders make their futile stand. Target 3: $10,000, the 0.618 Fibonacci level, where Bitcoin’s soul may rest in eternal ruin. Risk Management: Risk no more than 1–2% of capital, for the market’s volatility is a many-tentacled beast that devours the reckless. The Unknowable Future. This is no mere trade but a ritual to survive the economic doomsday. Should Bitcoin hold above $110,000, a rally to $125,000 may defy the stars’ alignment, driven by fleeting optimism. Yet the charts, like the forbidden tomes of old, speak of collapse. The dollar’s fall, fueled by de-dollarization and global unrest, could unleash a market crash surpassing the 2008 crisis or the COVID-19 panic, both black swans that reshaped history. Bitcoin, tethered to this chaos, cannot escape. A Warning to Mortals. Tread lightly, traders, for you meddle with forces beyond reckoning. The black swan of de-dollarization, though unseen by most, gathers strength in the shadows. Study the charts, heed the indicators, but know that the market is a living entity, its whims as capricious as the Old Ones. Share your thoughts below, and may your trades elude the gaze of the abyss. Disclaimer: This is not financial advice. The market’s depths are unfathomable, and only the mad or the doomed dare predict its course. DYOR, and trade at your own peril.

I have a gut feeling that Bitcoin is going to have another real capitulation to once and for all wipe out all the scammers from the industry. A massive catastrophic dump is needed to give Trump the justification to bring in heavy regulations of the industry.

It just feels right to me. I think the 2021 run was stunted and the price action since has been a big consolidation. I think we could see a run up to $2 million, a crash to $200-400k then we run up to 5 million by end of decade. It may be possible that the United States will adopt a bitcoin standard under Donald Trump and default on the national debt via inflation.

I wish it wasn't the case, but my gut tells me this dump is going to be catestrophic. Lots of retail plebs and scammers need to be killed.

I think LINK is forming a cup and handle formation and is right now in the process of forming a handle which will give us the momentum needed to break out of LINKS long accumulation range.You can see volitility on LINK as low as it has been since august.Today we have broken out of a year long descending trendline. A close above 9.5 USD would indicate that we are truly leaving this hellish accumulation zone. Hopefully for good.

WE HAS OFFICIALLY WICKED ABOVE THE WEDGE WE HAVE BEEN IN ON LINK FOR THE PAST YEAR! This is perhaps the long awaited break out for LINKWe have fallen back below the descending trend line. But we still wicked above it when in the past we only wicked it exactly. I feel we are building a base below the trend line and will soon break above it with momentum.

Bear trap into god pump to mid teens only for it to slowly bleed back down to $3 bucks. Bitcoin did something similar in 2020

Super low volatility on LINK since August 2022 weekly Bullflag! Here we have a bullflag on the weekly chart for LINK We have volatility in the extreme lows since August 2022 The accumulation/distribution indicator is showing higher lows Fundamentally link is trading where we were before the coinbase listing pump (inflation adjusted). I belief Chainlink is hyper undervalued compared to where it should realistically be. Time will tell as always it will only become obvious to the masses AFTER the asset pumps and believe me, the value of LINK will become very apparent in the years to come. WAGMI!

LINK/BTC Monthly bullflag Volume for LINK has fallen off massively, in USD it has been stuck in a accumulation range but on the BTC chart it has painted a bullflag with a impressively high target. Link is winding up for a explosive break out soon