Bitcoin's clinging to the $103k mark but slipped 2% in recent action. What's interesting? Market sentiment has cratered to levels we haven't seen since March's downturn. Meanwhile, Strategy's mNAV continues its descent.
The $103k support is being tested hard right now. With sentiment this bearish, we're in that zone where either capitulation hits or contrarians start loading up. Strategy's metric dropping adds another layer—institutional flows matter more than most retail traders realize.
Keep your eyes on whether BTC can defend this psychological barrier. March vibes aren't exactly comforting, but that's when opportunities sometimes emerge if you know where to look.
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SerumDegen
· 11-16 12:00
ngl the March flashback is giving me ptsd... but yeah 103k is basically the line between "we're fine" and "liquidation cascade incoming" rn. whale watching mode activated.
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MidnightTrader
· 11-14 23:49
The 103k hurdle is really tough, it feels like we're about to replay the scene from March.
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MetaMisery
· 11-13 15:52
Nah, 103k can't be kept this time, it's really a bit scary...
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WalletsWatcher
· 11-13 15:52
103k is about to break again, it's always so scary, but this time it feels a bit different...
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PumpingCroissant
· 11-13 15:48
Is 103k about to break again? Looking at this sentiment, I really have no confidence. I still clearly remember that wave in March. But it sounds like institutions are accumulating again, so let's just be spectators, haha.
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FallingLeaf
· 11-13 15:40
Oh no, it fell again. It feels like we're back in March... But on the other hand, isn't this a chance to enter a position?
🟥 Today's Market Watch 🟥
Bitcoin's clinging to the $103k mark but slipped 2% in recent action. What's interesting? Market sentiment has cratered to levels we haven't seen since March's downturn. Meanwhile, Strategy's mNAV continues its descent.
The $103k support is being tested hard right now. With sentiment this bearish, we're in that zone where either capitulation hits or contrarians start loading up. Strategy's metric dropping adds another layer—institutional flows matter more than most retail traders realize.
Keep your eyes on whether BTC can defend this psychological barrier. March vibes aren't exactly comforting, but that's when opportunities sometimes emerge if you know where to look.