You Won’t Believe What Bitcoin Is *Not* Doing This Weekend! (Spoiler: Still Drama)

by

Hold on to your oat milk lattes: most coins have heroically rallied their way into the green zone at the weekend’s dawn, per CoinMarketCap. Major crypto coins apparently chose self-improvement Saturday over existential crisis Friday. If only my house plants were this committed.

BTC/USD

So, Bitcoin (BTC). How’s it doing? Absolutely riveting: price almost unchanged since yesterday. Bitcoin proving to be the human embodiment of “meh.”

If you’re into squinting at hourly charts (everyone has a hobby), Bitcoin is nowhere near key levels. Volume is more apathetic than my cat on a sunny afternoon. Translation: wild price action probably isn’t showing up to the party tomorrow. Sorry, adrenaline junkies.

Your next episode on “Boring Candles, Hot Takes”: on the bigger time frame, nail-biting suspense—watch what happens at the $104,159 resistance. If Bitcoin wanders far away from that line, the bears might make a dramatic entrance. Picture the ballroom scene in Pride & Prejudice, only with less romance and more growling. Possible destination? $102,000. (Cue ominous music.)

But wait! In the plucky spirit of all good plot twists, the medium-term prospects look like a complete U-turn. If our candle closes near the top (bonus points for not looking droopy), Bitcoin might finally muster the swagger to march toward the sparkly heights of $106,000-$108,000. Hopes, dreams, and possibly Lamborghinis abound.

Meanwhile, in thrilling “as seen on press time” news: Bitcoin stands heroically, or at least patiently, at $103,546. Fetch the champagne. Or, you know, just keep refreshing the chart.

Read More

2025-05-10 18:03