Top Trader’s Hilarious Take on Bitcoin’s Latest Drama! 😂

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Ah, the capricious dance of Bitcoin! One moment it pirouettes gracefully, and the next, it tumbles like a clumsy debutante at her first ball. Yet, for the illustrious DonAlt, this is merely the quotidian rhythm of the crypto waltz. He assures us that the range low test has concluded, and as long as our dear Bitcoin (BTC) manages to keep its head above water, a delightful bounce next week is not just probable, but practically a foregone conclusion. 🎩

At present, Bitcoin lounges at a rather unremarkable $88,000, having taken a 9% nosedive in a mere two days. The market, in its usual melodramatic fashion, is in a state of chaos, with a staggering $1.5 billion in liquidations over the last 24 hours. How quaint! One might wonder if this figure is merely a coincidence or if the universe is playing a rather cruel joke on us. 🤔

DonAlt, our sage of the digital realm, has pinpointed the pivotal level of $90,787. Should Bitcoin manage to close above this lofty perch, we may very well witness a bullish transformation, with aspirations of soaring towards the illustrious $100,000, where the next formidable resistance awaits like a dragon guarding its treasure. 🐉

While some traders are fixated on a potential plunge to $73,000 to close the CME gap—oh, the horror!—DonAlt remains unfazed. His gaze is firmly fixed on Bitcoin reclaiming its critical levels, rather than indulging in the melodrama of worst-case scenarios. After all, why fret over the abyss when one can sip tea and await the next grand performance? ☕

$BTC update

That’s the range low test done, this is still nothing out of the ordinary
Close above the range low and I’d think we’re in for a bounce next week

Still think most sane play is just waiting for a reclaim of $100k and full yeet into the market it if it does

— DonAlt (@CryptoDonAlt) February 25, 2025

For those pondering the most prudent course of action, DonAlt, with a twinkle in his eye, suggests that the most “sane play” is to simply bide one’s time. Should Bitcoin reclaim the coveted $100,000, then a full-hearted leap into the market would be as sensible as wearing a top hat to a soirée. 🎩

Otherwise, diving in prematurely is akin to jumping into a pool without checking for water—an exercise in folly! This strategy, dear reader, is one of patience and confirmation, rather than the frantic pursuit of every dip like a moth to a flame. 🔥

Despite the tempestuous market and the cacophony of liquidations, DonAlt perceives nothing out of the ordinary. As long as Bitcoin clings to its key levels, there is no cause for alarm. The stage is set, and all eyes are now on whether our beloved Bitcoin can secure a robust close above resistance, paving the way for its next grand ascent. 🌟

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2025-02-25 19:06