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Bitcoin Is Entering a Full Bear Market and No One Wants to Admit It | GemGem Bitcoin
Bitcoin isn’t “dipping.” It’s breaking. Rising wedge breakdown, RSI collapse, death cross below the 50-week, and retail completely gone. Every signal that flashed before previous multi-month crashes is lighting up again—and the hopium crowd refuses to see it. This episode exposes the uncomfortable truth about Bitcoin’s current state and why $55K–$57K may be unavoidable.
We also dive into the chaos behind the Cloudflare blackout that took down half the internet—ChatGPT, Twitter, Coinbase, Shopify, Uber, Spotify, all offline for hours. Plus, the 23-year-old AI billionaire who’s betting billions long while Michael Burry shorts the entire sector. Who’s right? Who’s delusional? We break it all down.
00:00 – Bitcoin Bear Market Call 😱 Why the Charts Don’t Lie
02:30 – Global AI Outage ⚠️ Cloudflare Breaks the Internet
05:18 – Rising Wedge Breakdown 📉 The $57K Target Explained
07:52 – RSI Collapse 🚨 The Same Signal From the 2021 Peak
10:45 – 200-Week MA Check 📊 Why This Cycle Lacks Euphoria
12:58 – Macro Breakdown 💼 Shutdowns, Tariffs, and Retail Pain
15:30 – Why Retail Isn’t Back 😬 ISM Correlation Revealed
18:40 – Daily Chart Breakdown 📉 Death Cross Warning
22:10 – What Happens If BTC Loses $98K 🧨 The 70K Scenario
27:44 – Rising Wedge Width Projection 🎯 The $57K Call
33:35 – Cloudflare Explained 🌐 How One Bug Broke the World
38:50 – Bitcoin vs Centralization 🏛️ Why Nodes Win
45:02 – Kraken Raises $800M 💰 Smart Money Moves in a Crash
52:12 – The $1B AI Trade 🤖 Hedge Fund Genius or Bubble?
01:15:30 – AI Music Takes Over 🎵 The Future of Artists
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