Oh, the crypto rollercoaster! Just when you thought your Dogecoin was about to buy you a private island, the market decided to throw a tantrum. 🌋 Wednesday morning brought the first proper sell-off in ages, and Kev Capital TA was all like, “Told you so!” In his late-night livestream (because who needs sleep when you’re predicting the future?), he pointed out that Bitcoin’s failure to smash through the $120k-$123k “brick-wall” was basically the universe screaming, “Pullback time, darlings!” 💅 Four weeks of euphoria? Over. Done. Kaput. Ethereum, Solana, and the rest of the gang were left gasping for air like Bridget Jones after a spin class. 🏃♀️💨
Crypto Bulls in Tears: Why Altcoins Hit the Wall (Again)
“Daily RSIs at ninety? Darling, that’s a red flag bigger than Mark Darcy’s commitment issues!” Kev quipped. Bitcoin was stuck under $120k, and the altcoins were like, “We’re out.” His chart of Total-2 (the fancy index that ignores Bitcoin) showed it slamming into the same ceiling it’s hit since 2021. 🛑 “It’s like trying to fit into last year’s jeans after Christmas,” he joked. “Not happening without a miracle.” Each time this happened, the majors took a 30-60% nosedive, and the meme coins? Let’s just say they needed a life jacket. 🌊
But fear not, crypto romantics! Kev insists this isn’t the end. It’s just a “pressure-release,” like when you finally unbutton your trousers after Thanksgiving dinner. 🦃 Traders who played it cool are now sipping champagne, while the rest of us are googling “how to sell my soul for Bitcoin.” 🥂
The key? Bitcoin, of course. Until it clears $119,964 (yes, that specific), altcoins are stuck in neutral. Kev’s support levels: $116,400, $112-113k, and if things get *really* spicy, $106.8k. But don’t go buying your microcap “moon coin” on a 10% dip. “If Total-2 drops 30%, your altcoin will be worth less than a packet of crisps,” he warned. 🍟
So why’s he still smiling? 🌞 Kev’s got his eye on some juicy tailwinds. Bitcoin’s Hash Ribbons (yes, that’s a thing) flashed a buy signal weeks ago, and the Fed’s balance sheet is quieter than a library during finals week. Inflation? Practically non-existent. “As long as the macro gods behave, crypto’s got nowhere to go but up,” he declared. Even Big Tech earnings are in on the action—because apparently, Google’s profits now predict your Shiba Inu’s future. 🤯
But August and September? They’re the January of crypto months—choppy, unpredictable, and full of regret. 🍂 “It’s like the market’s on holiday, then back-to-school blues hit,” Kev said. Still, he’s betting on a consolidation phase before the next big move. “Bitcoin’s gotta crack $123k, and then? Boom. Altcoin party time.” 🎉
His timeline? Two things: Bitcoin breaks $123k, and the Fed keeps playing nice through Q3. If that happens, Kev’s model predicts a “violently bullish” six-month window. “Last chance to ride this wave before 2025,” he teased. 🌊
When’s the pullback over? “Levels, not clocks, darling,” he replied, channeling his inner Bridget. But his vibe? Optimistic. No more selling, no rush to buy—just “riding what I have” into the sunset. 🌅
So, is this cool-down a bear market or just a nap before the party? Kev’s money’s on the latter. Watch Bitcoin’s $116k and $112k levels, keep an eye on Dominance, and don’t forget CPI. If the stars align, the altcoin surge will hit “sooner than you think—probably while you’re still sipping piña coladas.” 🍹
TOTAL2 at press time? $1.44 trillion. But who’s counting? 💸
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2025-07-24 18:05