Bitcoin’s Wild Ride: Will It Peak or Crash? Find Out!

Bitcoin Hits All-Time High — But Don’t Get Your Tinfoil Hat Just Yet! 🚀💸

In a world where digital gold is more volatile than a alley cat after a mug of milk, Bitcoin has somehow managed to close out the week at a mind-blowing $106,516. That’s right, folks, the cryptocurrency is playing hard to get, flirting with records like a cat with a laser pointer.

bitcoin just had its all-time high weekly candle close at $106,500 — Alex Thorn (@intangiblecoins) May 19, 2025

As the dust settled—well, mostly—it’s trading at a cool $102,924. Looks like some traders took profits faster than a gambler at a roulette wheel, as gains slipped away quicker than your paycheck after a weekend in Vegas. 🎲💸

And if you think that’s the end of this circus, think again. According to the wise folks at Lookonchain, a trader—who somehow raked in $15 million on Hyperliquid—decided to bet against Bitcoin, going short like a cowboy roasting marshmallows over a campfire. Yessiree, betting on the downfall of the digital beast.

Meanwhile, CoinGlass reports that a whopping $645 million worth of crypto got liquidated in the past 24 hours—more than enough to buy a used car, a fancy dinner, or maybe just a really expensive cup of coffee.

Some traders, however, with dreams as big as their portfolios, are whispering about the possibility of Bitcoin soaring to a new record peak—because who doesn’t love a little hope and a whole lot of chaos? 🤔🚀

Bitcoin chart climbing the sky

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2025-05-19 11:39