Mr. Bitcoin, that capricious gentleman of unsteady fortune, has again cast himself into a swoon beneath the once-gallant $118,000. Alas! Now he flirts outrageously with the perilous $112,000 precipice before any possible happy reunion with his bulls (such bullish hearts ever hoping for better days). The ladies of Threadneedle Street clutch their smelling salts; the gentlemen of Reddit wring their diamond hands. 😱
- Having traded below $116,500 and-oh the shame-the 100-hourly Simple moving average, our hero now risks becoming the talk of every tea-table… and not in a flattering way. 👀
- A spiteful little bearish trend line has emerged, drawn on the hourly chart as though with a governess’s firmest frown, barring passage past $118,000. Trespassers will be gossiped about. 🐻
- If the $118,000 barrier yields (rumour can be elastic when fuelled by hopium), Mr. Bitcoin may venture toward $120,000 again-but only after courting scandal at $119,500. So fickle! 💅
A Further Fall for our Favourite Cryptic Beau? 😓
Having once soared to heights verging on the vulgar, Mr. Bitcoin tripped-no doubt distracted by some flashing meme-and landed near $114,750. Presently, he lingers in sulky consolation below the 23.6% Fibonacci acquaintances of his recent plunge from the giddy $124,420 swing-high to the lowly $114,715… a tumble hardly befitting a gentleman of his alleged wealth. Imagine! Being compared to mere percentage retracements-how lowering. 😂
Now, if he cannot bestir himself past $118,000, one fears another courtesy dip awaits: first to $115,000, then the precarious $114,750 (already inspected and pronounced scruffy), onward to $113,500 for tea and sympathy, and finally the theatrical $112,000 threshold where many a speculator has previously declared undying love-only to ghost him upon sight of red candlesticks. 💔
Should the situation grow truly dire-say beneath $110,000-expect society’s tongues to wag louder than ever, predicting our prodigal coin an exile among the lower regions from which even the most ardent bull might hesitate to rescue him. The very horror! Fetch the mint julep and the leveraged short. 🍸
Technical Whispers & Murmurs-For Those Who Adore Gossip in Numbered Form 🤫
Hourly MACD – growing grim in the bear zone (like Mr. Darcy in the rain, but less romantic).
Hourly RSI – languishing sub-50, a fortune that hardly recommends itself at any ball.
Major Supports – $115k, $113.5k, and, heaven forbid, $112k… or $110k should propriety utterly desert us.
Major Resistances – the lofty $118k and the slightly prouder $118.5k where chaperones stand firm.
There you have it: a tale of dizzying romance, sudden disgrace, and the eternal hope of next week’s green candle. May your portfolios remain ever polite, and may Mr. Bitcoin remember his manners before declaring yet another dramatic swoon. 💸
Read More
- Don’t Miss the BBC Proms 2025: Full Schedule Revealed!
- EUR JPY PREDICTION
- Gold Rate Forecast
- All New Items in Abiotic Factor 1.0
- PI PREDICTION. PI cryptocurrency
- Nobody 2 Streaming Release Date Rumors: When’s It Coming Out on Peacock?
- One Piece’s Anime Unveils First Look at the Final Saga’s Best Scene
- Ozzy Osbourne and the Memecoin Madness: When Death Becomes a Crypto Trend
- USD JPY PREDICTION
- F-106A Six Shooter War Thunder Event Takes Off
2025-08-19 05:48