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Bitcoin’s $118K Rejection Sparks Market Jitters - But Tapzi Presale Defies Gravity

Bitcoin’s $118K Rejection Sparks Market Jitters - But Tapzi Presale Defies Gravity

Author:
CoindeskEN
Published:
2025-10-08 15:45:04
23
1

This Trend Has Marked Local Tops in Bitcoin, but This Time May Be Different

Bitcoin hits brutal resistance at $118,000 - a level that's crushed rallies before. Yet beneath the surface, something unusual stirs.

The Pattern That Usually Kills Rallies

History shows this price rejection typically marks local tops. Traders brace for impact, analysts dust off their bearish charts. Same song, different verse - or so it seems.

Tapzi's Defiant Momentum

While Bitcoin stumbles, Tapzi's presale accelerates. Retail interest surges, defying the broader market gloom. The project gains steam when everything suggests it shouldn't.

Why This Time Feels Different

Market structure evolved since last rejection. Institutional flows buffer against panic selling. Derivatives markets show less leverage - fewer forced liquidations waiting to cascade.

Plus that classic Wall Street irony: the very analysts predicting doom probably bought the dip. Because nothing says conviction like talking your book while pretending to be objective.

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