You Won’t Believe What Bitcoin’s About to Do Next! šŸš€šŸ’°

Well now, it seems some fellar who’s got a knack for watchin’ these fancy newfangled crypto doohickeys is hollerin’ that Bitcoin’s got its tail feathers all puffed up and ready to take flight.

This here Jason Pizzino, who’s got himself 350,000 eyeballs glued to his YouTube shindig, reckons that Bitcoin might just be fixin’ for an explosive jump towards the mid-$90,000 range—like a catapult shooting a frog across a barnyard pond.

ā€œBitcoin done busted through March’s high like a bull through a china shop, killin’ off that gloomy gloom cloud that had us all thinking the roof was caving in since December and January. That same ol’ warning that told us March 2024 was gonna gin up a correction of over 30%. Well, now it’s hit a new high, tossin’ those three little red flags into the compost heap.ā€ 🤠

Then there’s the US dollar, which according to Jason’s crystal ball — well, the US Dollar Index — is looking more limp than a wet rag. That’s usually a good sign for Bitcoin, which behaves about as predictably as a cat on a hot tin roof.

If you don’t know, the US Dollar Index is just a fancy gauge showing how strong the dollar is compared to other currencies—like the weather vane of global money.

ā€œSee here, the dollar’s belly-flopped to its lowest point in 37 months on the weekly chart. The monthly picture’s about to drop in a few days. History shows that when the dollar’s slouching like this, Bitcoin tends to hop on its back and ride higher. So with all these bearish signals killed off, it looks like BTC’s fixin’ for some more upward shenanigans.ā€ šŸ˜Ž

Last but not least, he throws in the bit about Tether dominance takin’ a nosedive. That’s the share of Tether—basically crypto’s version of the buckaroo making sure folks have a stable dollar on the blockchain—from the whole crypto roundup.

ā€œUSDT dominance is bustin’ through key levels we’ve been trackin’, though it’s still holdin’ strong above that slippery 50% mark.ā€ Almost like tryin’ to quit smoking—makes a show of tryin’, but ain’t quite there yet.

As I’m spin-typing these words, Bitcoin’s sittin’ pretty at $95,252, up a modest 2.5% in the last 24 hours—enough to make a feller nod and say, ā€œWell, that’s somethin’.ā€

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2025-04-29 10:26