Bitcoin (BTC) nears $155,000 in a final wave of an ending diagonal pattern, warning of a sharp reversal, per Crypto Daily’s July 12, 2025, analysis. The wedge, marked by weakening volume, signals euphoria-driven peaks, with X posts like @MerlijnTrader’s chart predicting a crash post-$155K. BTC’s 3.5% 24-hour gain to $151,000 aligns with ETF inflows ($1.1B) and whale buys (3,000 BTC), per coinpedia.org. Yet, RSI at 78 and low liquidity suggest a correction to $140K-$145, per dailycoin.com.
The Ending Diagonal, a five-wave Elliott pattern, historically precedes sharp drops, as seen in BTC’s 2021 crash from $69K, per coindesk.com. X posts highlight $160K calls but warn of liquidations. Institutional buying (MicroStrategy’s 15,000 BTC) fuels hype, per finance.yahoo.com, but overbought signals and $150K resistance raise red flags, per cryptorank.io. A 20-30% correction could hit if stops cascade, per theblock.co.
X posts reflect bullish fever, with @RoundtableSpace citing ETF momentum, but @CryptoInsiderX warns of a “trap.” Retail FOMO risks amplifying losses if liquidity dries up. A break below $150K could trigger panic sales, while a push past $155K might delay the crash to $160K, per coincu.com. Traders must balance greed with caution, as history favors sharp reversals.
Bitcoin’s $155K surge tempts, but the ending diagonal screams caution. Secure profits, tighten stops, and watch $150K-$145 support for crash signals. ETF flows and whale moves are key.
