Bitcoin’s latest downturn has left retail traders puzzled as prices fell below the $101,000 psychological level, extending losses amid mounting macro pressure and aggressive whale activity. On-chain and derivatives data point to a familiar divergence—one where retail optimism meets institutional selling, often a precursor to deeper 0 as traders analyze resistance and support zones to predict market movements, Outset PR monitors media outlet performance metrics to align campaigns with current market 1 tracking these changes, Outset PR ensures its narratives are timely, similar to how investors seek assets poised for growth in a cautious 2 Traders Buy the Dip, Whales Sell Into Strength Retail investors, accounting for about 72% long exposure on Binance, rushed to “buy the dip.” Yet large holders and institutional wallets appear to have done the opposite, contributing to an estimated 5 million BTC in net selling pressure.) at $109.7K, marking a transition from consolidation to 3 RSI (14-day) sits at 39.31, indicating oversold conditions but no confirmed reversal signal.
Meanwhile, the MACD (-1,269) remains in deep bearish territory, reinforcing momentum to the 4 breakdown has already activated stop-loss clusters and algorithmic selling, accelerating the decline toward lower Fibonacci retracement 5 now watch the $98,000 level—the 2024 cycle low—as the next significant support. A close above $108K (the 23.6% Fibonacci retracement) could provide short-term relief, though broader sentiment suggests the bounce may be limited unless macro conditions 6 PR Crafts Communications Like a Workshop, Powered by Data Founded by renowned crypto PR expert Mike Ermolaev , Outset PR operates like a hands-on workshop, building every campaign with market fit in 7 of offering random placements or templated packages, Outset PR carefully weaves a client’s story into the market context, showcasing what organic PR looks like: Media outlets are selected based on metrics like discoverability, domain authority, conversion rates, and viral potential Pitches are tailored to fit each platform’s voice and audience Timing is mapped to let the story unfold naturally and build trust organically Outset PR occupies a unique niche as the only data-driven agency with a boutique-level 8 media analytics and trend monitoring power every decision, so campaigns align with market 9 the approach feels collaborative — it’s like turning to a trusted friend who happens to be an expert.
Results-Oriented, Insight-Driven The agency is goal-oriented, so it pursues measurable 10 dive deep into each client’s aims, budget, and timelines to craft value-driven campaigns that resonate with the target 11 PR fuses performance-level analytics with high-touch 12 logically verified organic PR the key strengths of Outset PR include: Market 13 of Outset PR can gain recognition in the desired geo in merely a 14 15 PR's proprietary system places branded content across high-discovery surfaces, combining editorial exposure with performance 16 method consistently generates traffic volumes far beyond standard Google visibility. Tier-1 17 team helps its clients to craft tailored messages and select relevant angles to outreach directly to tier-1 journalists and 18 media relationships and a focused pitching cycle open doors where it matters and increases chances of consistent 19 Creation with Editorial 20 writers with backgrounds in journalism, analytics, and sales content develop materials that hit both editorial and strategic 21 Media 22 for early-stage projects, these campaigns boost search visibility by securing coverage in media that trigger syndication across major crypto newsfeeds — laying the groundwork for scalable or highly targeted PR 23 Outset PR Tell Your Story With Verifiable Impact Outlook: Controlled Capitulation or Buying Opportunity?
Bitcoin’s current setup reflects a market in 24 one hand, whale dominance, ETF outflows, and macro rigidity point to further downside 25 the other, oversold technicals and cycle-low support near $98K may attract medium-term accumulation once leveraged longs are flushed 26 Bitcoin can reclaim $108K and hold above its 20-day SMA, short-term relief rallies could 27 then, traders should expect heightened volatility as large players continue to test liquidity and sentiment remains 28 the broader context, this correction fits within Bitcoin’s long history of whale-engineered retracements—temporary pain that often resets market positioning before the next major trend takes shape.
Disclaimer: This article is provided for informational purposes 29 is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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