Bitcoin’s $135K Dream: Whales, Fibonacci, and a Prayer!

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Bitcoin (BTC) has done its best impersonation of a broken record, casually tapping the $85,000 mark for the eighth time this week, according to CoinGecko. At this point, we should probably start selling tickets for the “Groundhog Day” experience.

But don’t go planning your retirement just yet. Titan of Crypto, the soothsayer of the blockchain world, insists that Bitcoin’s bullish structure is “still intact.” His crystal ball has been whispering sweet nothings about a $135,000 target for 2025, which sounds suspiciously like a nice round number. 🤑

The $135K Prophecy

Now, this analyst is sticking to his guns, even if BTC does decide to take a quick dip to support levels. “The path to higher highs is still open,” he declares with all the confidence of someone who’s been reading too many charts. His prediction? Bitcoin is eyeing a cozy $107,000 first, followed by a heroic leap to $135,000. No sweat, right? 💸

In a more cryptic post (because of course), he mentions that Bitcoin is “progressing within a megaphone pattern” — which sounds like something you’d find in a circus, but apparently, it’s a thing in crypto. This suggests that Bitcoin is preparing for a wildly unpredictable ride, with potential trend reversals thrown in for good measure. Just the kind of thrill ride you want from your investments! 🎢

If history repeats itself (and why wouldn’t it?), BTC could climb as high as $186,500. You know, like that one time in 2017 when Bitcoin briefly flirted with $20,000 before promptly falling off a cliff. Good times. 🏔️

But hold your horses! There’s a catch — Bitcoin is currently trapped under the ominous Ichimoku Kumo Cloud. It’s like the digital version of a “Keep Out” sign. Plus, with Easter weekend approaching, the market is expected to be about as lively as a hamster on a sugar high. Expect some chaotic price swings, and maybe keep a barf bag handy. 🐣💥

Over the past 24 hours, Bitcoin has been bouncing around between $84,366 and $85,398 — a range so tight, it could be mistaken for a bad episode of a soap opera. Still, the 7-day performance shows a slight 2.1% uptick, which is good enough to leave the broader crypto market looking like it just got hit by a pillow fight. 🛏️

Whales Swarm

Meanwhile, while the retail crowd watches with the patience of a toddler denied a snack, the whales are feasting like it’s a buffet. Santiment reports that wallets holding between 10 and 10,000 BTC now control a record 67.77% of Bitcoin’s total supply. Sounds like a power move… or a monopoly. Take your pick. 🐋

Since March 22, these deep-pocketed players have gobbled up more than 53,600 BTC, worth a cool $4.5 billion. And just when you thought things couldn’t get more exciting, they dropped $250 million on Bitcoin just hours before it hit $85,000, causing everyone to wonder if they were about to witness an epic supply squeeze. 🍿

Meanwhile, macro investor Kyle Chasse has pointed out a massive $106.7 trillion liquidity surge from central banks. Because apparently, “more money” is just what Bitcoin needs to go full turbo. “BITCOIN IS NEXT,” he declared, which is totally the kind of enthusiasm you need when the market is looking for a reason to jump off a cliff. 🚀

So here we are, sitting at a crossroads. The conditions for a rally are all set: whale activity, bullish patterns, and a potential liquidity explosion. But, as always, the $85,000 resistance is playing hard to get. It’s like that one friend who says they’ll show up, but never quite does. 🕒

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2025-04-20 08:08