In a recent tweet, the analyst (whose market acumen apparently rivals the psychic powers of Aunt Dahlia when she sniffs out a hidden jar of caviar), remarked that $92,000 “makes a lot of sense to be honest.” He hinted that the price may waltz up to this rather plump figure in the not-too-distant future, leaving traders alternately popping champagne or hunting for stress balls.
Meanwhile, our friend Altcoin Sherpa pointed a trembling finger toward the CME gap – that mysterious abyss in the charts traders get misty-eyed over, like old Etonians with a bottle of port. You see, these gaps are irresistible targets for price, much like a plump sausage roll left alone in Bertie Wooster’s kitchen.
“I think 92k makes a lot of sense to be honest, wouldn’t be surprised to see us tap that area in the short term. CME Gap from before (there’s a new one above). I’m still in buy the dip mode but I’m much slower to do so right now given conditions and not rushing in.
🧐💸🕺— Altcoin Sherpa (@AltcoinSherpa)
Still, lest you rush out to pawn your silver fish-slice in anticipation of a Bitcoin windfall, do adjust your monocle and pay heed to Altcoin Sherpa’s air of caution. While visions of $92,000 undoubtedly dance about, he remains as patient as Jeeves at cocktail hour, quietly filtering the market’s shenanigans before pouncing. “I’m still in buy the dip mode but I’m much slower to do so right now given conditions and not rushing in,” he intones, presumably with one eyebrow raised and a cup of strong tea in hand.
So, while Altcoin Sherpa fancies BTC’s upside, he’s as circumspect as a cat eyeing a bath—waiting for the perfect moment before making his move. Traders, meanwhile, may wish to consult charts, tea leaves, or possibly the entrails of a roast chicken for signs, as the attached chart no doubt supplies further clues shrouded in mystical squiggles and cryptic arrows.
He also dropped the pearl that this could be a local low for BTC, but, ever the skeptical club member, said he first wants to see “more wicks down there” for confirmation—perhaps expecting the price to dawdle about like a shy debutante before deciding whether to pirouette upwards or collapse in a heap. For now, no whiplash reversals seem imminent—just a spot of measured, Sherlockian observation. 🕵️♂️
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2025-05-05 15:40