đą Alert â Bitcoinâs $100K Barrier Under Threat!
According to analysts at Standard Chartered, a drop below $100,000 for Bitcoin seems âinevitableâ by this weekend â even as the wider market eyes a late-cycle âUpToberâ rally.
đĄ Key Notes:
Bitcoin currently trading near $108K, sitting just above critical support.
The dip is viewed potentially as a final wash-out before the next bull leg.
If $100K breaks, it could trigger a short-term panic â but also a buy zone for the savvy.
â ïž LACX Terminal Take:
Prepare for two possible scenarios:
Breakdown to ~$100K â a sharp test of conviciton, where weak hands get flushed.
Bounce revival â if support holds, this dip could be the launching pad for the next leg up.
đŻ Your Move:
Do you short the breakdown? Or position for a rebound?
Let us know your entry, stop, and target below đ