
Hark! A crypto soothsayer, one who did presage the great crypto rout of twenty and twenty-one, doth now proclaim that Bitcoin, that most volatile of currencies, shall suffer a grievous correction ere it doth ascend to new and dizzying heights. ๐ญ
This diviner, known only as Dave the Wave (a moniker most curious, methinks), doth inform his legion of X followers โ a paltry 153,500 souls โ that Bitcoin shall plummet to a mere $90,000 before embarking on its next grand escapade, eschewing a swift and parabolic rise for something less…dramatic. ๐
Indeed, this trader, with a target most vague, doth foresee Bitcoin reaching a price of approximately $160,000 by September, or thereabouts. One can only wonder if his crystal ball is foggy.๐ฎ
“We all, in our hearts, desire Bitcoin’s price to soar hither and yon!” ๐ธ
“But were I a betting man, I would wager on the orange, not the yellow.” ๐ค
Quoting from his own newsletter (for who better to quote than oneself?), Dave the Wave doth assert that Bitcoin’s rallies are swift as a summer’s breeze, while its corrections are drawn out like a tedious sermon, dampening spirits and leaving the bears utterly confounded for the grand finale. ๐ปโก๏ธ๐คก
“In these days, ’tis said that with each fortnight comes a new breakout in price. And this, they say, is how it goes: price takes the elevator up (a rather modern contraption, wouldn’t you agree?) and the stairs down โ increases happen with haste, consolidations take an eternity…”
“These consolidations breed negativity after the initial glee of the previous ascent fades. ‘Tis a process that doth require time. Duration on the chart demands endurance in the investor. And, of course, here doth the contrarian enter the stage โ while many allow the market’s mood to sway their own, the contrarian spies opportunity in the markets’ peculiar ways.”
“And thus, the run-ups are as swift as a highwayman’s escape!” ๐โโ๏ธ
As of this very moment, Bitcoin doth trade for $103,105. A price, I say, that could vanish like morning mist!๐จ
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2025-05-19 10:21