Ah, Bitcoin, that slippery eel of finance, slithering through the markets with all the grace of a greased pig at a county fair. Here we are, folks, in a world where folks are betting their britches that this digital dazzler will bust through the $130,000 mark faster than a steamboat down the Mississippi. Some crypto soothsayer, who probably calls himself Doctor Profit to sound all fancy, is pointing fingers at four tomfooleries that might just jiggle the price needle. Macroeconomics, technical hooey, and geopolitical hooplas—oh my! Let’s dive in, shall we, with a wink and a nod? 😏
The Trump-EU Trade Deal
Now, Doctor Profit (or is it Doctor Pillow? These titles get muddier than the Missouri River) took to X, that den of digital yammering, to spill the beans on Bitcoin’s latest caper. Before he got to the trade tango, he crowed about how Bitcoin pulled off a technical trick that’d make a magician blush—breaking through a resistance line that’s been tougher than a badger in a burrow since 2021. It retested the spot like a cautious gambler and then bolted upward like it had stolen the sheriff’s horse. 😂
But hold onto your hats, because the real show is the macro madness. President Trump, bless his bombastic heart, announced a trade deal with the EU that’s supposedly the cat’s meow since 2016. Doctor Profit reckons this’ll ease tariff terrors faster than whiskey soothes a sore throat, making stocks jump and Bitcoin tag along for the ride. Less geopolitical fuss means more bullish breeze, or so they say—probably because even cryptocurrencies need a break from all the hullabaloo. 💼
The analyst, with all the gravitas of a riverboat gambler, calls this deal a boon for markets, reducing risks like a well-timed bluff. Stocks are set to soar, economies high-five across the pond, and Bitcoin? Well, it’s just hitching a ride on this gravy train, smirking all the while. Who knew that avoiding a trade war could be as exciting as a Twain tale? 😜
Whale Panic Vs. ETF Power
Earlier this week, Bitcoin dipped to $114,500, and oh, the hullabaloo! Some wallet wizardry from Galaxy Digital had folks hollering about a selloff, like chickens spotting a fox. But fear not, says Doctor Profit, because ETF inflows are gobbling up Bitcoin faster than a kid with candy money. Institutions like BlackRock are hoarding it like misers, and the big whales? Still snoozing in their deep-sea beds, not selling a speck. 😴
Instead of doom and gloom, this little dip was just a shakeout, a way to dust off the weak hands and prove the bull market’s got legs sturdier than an oak. Sarcasm aside, it’s almost comical how a minor fright can send speculators scurrying, but hey, that’s the circus of crypto for you. Roll up, roll up! 🎪
M2 Money Supply Sees Increase
Ah, the mighty M2 money supply—Bitcoin’s so-called engine, chugging along like an old locomotive. Doctor Profit points out that despite all the talk of tightening the fiscal belt, M2 has puffed up by 2.3% in 2025, with a whopping 0.63% jump in June alone. Reminds me of ’29 or ’08, when money flowed like cheap whiskey, and Bitcoin wasn’t even a twinkle in a coder’s eye back then. Historically, this kind of monetary mischief has Bitcoin rallying like a showboat performer, potentially shooting up 15-17.5% to over $130,000, with a lag that’s as predictable as a politician’s promise. Wait 60-90 days, he says, and watch the fireworks. 💥
FOMC Meeting And Potential Rate Cut
Wrapping up this merry-go-round, Doctor Profit tips his hat to the FOMC meeting coming up on Wednesday. Officially, the Fed’s playing hardball with a hawkish stance and a slim 5% chance of cutting rates, but between you and me, Jerome Powell’s words are as slippery as a catfish. The Fed’s been printing money on the sly, setting the stage for more easing than a Sunday sermon. Bitcoin, ever the opportunist, might just leap at the chance once the truth slips out. After all, nothing says “bull run” like a central bank with loose pockets. 😈
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2025-07-29 19:44