Alright fam, strap in, because we’ve got a plot twist in the crypto saga that’s got both OG Bitcoin maximalists and new-school degenerates rubbing their eyes in disbelief. The king just stumbled—and the streets are buzzing with one big question: Is the bull run already over… at $111K?
Let’s be real. Not long ago, Twitter/X was a one-way ticket to hopium central. Memes flying, CT (Crypto Twitter) lit, and laser eyes out in full force as BTC roared past six figures like a Tesla on a downhill sprint. But fast forward to this week? We’re staring down multi-week lows, diamond hands are starting to sweat, and the soundtrack definitely shifted from “WAGMI” to “Wait… what now?”
But you know your boy Jake isn’t just here to report the dip—I’m here to break it down, serve up some alpha, and keep the energy flying higher than a PEPE 100x candle. Let’s dive into the five things you absolutely gotta know in Bitcoin this week.
1. $111K… Top Signal or Pit Stop?
Alright, let’s address the elephant in the HODLing room: Bitcoin tapped $111K and then fumbled the bag. It’s now dipping to levels we haven’t seen in weeks, and the paper hands are shrieking. Some folks are calling this a blow-off top. But me? I’m not buying into the doomscroll just yet.
Market structure still looks crackin’ on higher timeframes, and if you’ve been around the block, you know this ain’t our first rodeo. Parabolic phases come with retests, pullbacks, and yes—some spicy Twitter FUD. This could be just a healthy cool-off before we reload for a full-blown moon mission.
2. $100K Retest Incoming?
Yep, the words “retest” and “$100K” are floating around harder than airdrop farmers in Discord. But listen up: this level isn’t just psychological—it’s where the real liquidity action is. Smart money knows that if BTC holds $100K like a champ, that’s rocket fuel for the next leg up.
If we lose it, though? Buckle up, because it’s shop-the-dip season. And for my real ones, you know what that means—stack sats, stay zen, and remember: legends buy when others cry.
3. Market Sentiment: Bearish… But Not Broken
CT feels like someone unplugged the hype machine. But beneath the noise, on-chain data tells a deeper story. Long-term holders? Still stacking. Whales? Accumulating. Retail? Watching TikToks about meme coins.
What we’re seeing is a vibe shift, not a trend reversal. This is the market taking a deep breath. And when the air gets still, that’s when you prep for liftoff.
4. Macro Pressure & ETF Drama
You didn’t think this was just about crypto, did you? Oh no, the Fed’s still out here doing Fed things, and macro markets have been throwing curveballs all over the charts. Inflation numbers dropped hotter than expected, and that dings risk-on appetite—including our sweet, sweet BTC.
Meanwhile, ETF inflows have slowed, but they haven’t reversed. Institutions aren’t rage-quitting. They’re just being cautious. And when TradFi plays cautious? That’s usually the moment crypto makes its next chaotic move—up.
5. Influencer Energy: All Eyes on the Next Narrative
Here’s where it gets spicy. With mega-cap coins cooling, attention is already starting to pivot. I’m hearing rumblings in the DePIN space, real-world asset narratives heating up, and yes—memecoins are getting their second wind.
But make no mistake: BTC is still the headliner. What we’re seeing now is the crowd moving from the mosh pit to the merch stand, figuring out what’s next. That usually means it’s time for a surprise encore.
Final Alpha:
Look, $111K wasn’t the mountaintop. It was the scenic overlook. BTC doesn’t move linearly—it moves with vibes, volatility, and velocity. And while the chart might look shaky right now, the fundamentals are more locked than Vitalik’s cold wallet.
This isn’t the end of the run—it’s just the halftime show. So, whether you’re sitting in stables and waiting to strike, or you’re already deep in the trenches stacking fresh sats: keep the vision, trust the process, and remember—Bitcoin didn’t come this far just to come this far.
Let’s get this bread.
Jake Gagain
