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Bitcoin Crash to $98K — GemGem Crypto Says the Pain Is Just Starting | GemGem Bitcoin
Bitcoin’s support is gone and GemGem Crypto is calling it out. This is no soft correction — the charts are bleeding, RSI has broken the “magical 34,” and $2 billion in liquidations just hit the market. Are we in a bear market already?
In today’s show, GemGem exposes how over-leveraged firms like Sequans are selling BTC to cover debt while MicroStrategy stands strong. If Bitcoin closes this week below the 50-week average, the bull run is officially dead.
00:00 📉 Bear Market or Just Correction? GemGem Crypto opens with Bitcoin below $100K.
01:20 📊 Free Trading Zone Explained 98K–102K levels define short-term support.
03:12 🧠 Four-Year Cycle Still Intact Why macro patterns haven’t broken yet.
04:46 📈 Daily Chart Breakdown Bearish setup after Black Friday’s October drop.
06:20 🕒 Critical Week Ahead Weekly candle could decide bull or bear market.
07:15 ⚠️ RSI Breaks 34 — The “Magical Number” Signal of deeper correction ahead.
10:27 📉 Sideways Pain After Dips Historical data shows consolidation phase.
15:03 💡 Why Charts Matter More Than News GemGem on narratives vs data.
16:00 🔵 50-Week Moving Average Test Critical threshold for bull run survival.
18:00 💰 Three Types of Investors Who’s buying, selling and waiting.
23:00 🧩 Portfolio Strategy Talk How to react if the bear market hits.
25:00 📉 S&P and DXY Signals Macro correlations drag Bitcoin down.
35:00 ⚰️ Liquidations Everywhere $2 billion wiped out in 24 hours.
40:40 🏦 MicroStrategy vs Sequans Why only one Bitcoin treasury model works.
52:00 🚀 Final Takeaways + Next Show Tease GemGem wraps from Hong Kong Studio.
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