In the tempest of the financial seas, Bitcoin‘s bulls valiantly charged towards the golden shore of $100,000 as the Wall Street traders yawned and stretched their greedy fingers.
Alas, the BTC/USD pair, like a wayward lover, caressed the threshold of $99,500 on Bitstamp, only to retreat in the face of the Wall Street’s cold shoulder.
Oh, the irony! Bitcoin’s heart raced in the arms of Asia and Europe, only to be jilted by the Americans, who, it seems, prefer their jobless claims to crypto dreams.
“FireCharts whispers of liquidity’s fickle dance, a ballet of purple whales pushing the price from its slumber,” Material Indicators mused, their trading tool a maestro’s baton.
“Will this be a bull’s triumph or a trap of their own making? We watch, we wait, as the $100k threshold teases and the purple whales sing their siren song.”
CRG, the market’s soothsayer, observed the fray from the midpoint of Bitcoin’s vast trading range, chuckling at the bears’ feeble attempts to assert dominance.
“The market, a grand stage, looks pleasing to the eye,” he declared, with a wink and a nod to his followers.
Rekt Capital, ever the optimist, espoused the bullish divergence on Bitcoin’s RSI, a beacon of hope in the daily timeframes.
“The Daily RSI has shattered its chains of January’s gloom,” he proclaimed, a smile playing on his lips.
As the US dollar wanes, crypto and risk assets bask in its fading glow, like moths to a dying flame.
The US dollar index (DXY), a once-mighty titan, stumbled to 106.38, its lowest ebb since the days of yore.
David Burrows, the sage of Barometer Capital Management, observed the dollar’s descent from its RSI throne with a knowing smile.
“The dollar, oh the dollar, has been a spendthrift, and its decline is a symphony for equities, commodities, and global stocks,” he mused, chart in hand.
“History repeats, and the dollar’s fall is a clarion call for the rise of others.”
Read More
- EUR JPY PREDICTION
- DF PREDICTION. DF cryptocurrency
- TRB PREDICTION. TRB cryptocurrency
- ASTR PREDICTION. ASTR cryptocurrency
- South of Midnight PC Requirements Revealed
- POL PREDICTION. POL cryptocurrency
- PlayStation Network Still Down, Here’s When It May Come Back
- Doctor Strange’s Shocking Return in Marvel’s Avengers: Doomsday Revealed!
- Hunter x Hunter: Nen x Impact launches July 17, DLC character Nephelpito announced
- YFI PREDICTION. YFI cryptocurrency
2025-02-21 18:47