“When Bitcoin Sneezes, Wallets Catch a Cold 😜”

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The Bitcoin price is teetering on the edge, much like a trapeze artist who suddenly regrets skipping breakfast. After a dramatic tumble to $91,000 earlier this week—and yes, that’s dramatic in Bitcoin’s absurd universe—crypto analyst Dgtrd has now foretold a dire prophecy: a dive below $30,000. 😱

Bitcoin’s Swan Dive: A Curious Predicament

Crypto oracle-gone-poet Dgtrd struck again in a TradingView post, where he grandly sketched out a scenario of Bitcoin seeking solace at $19,973 by next year. Apparently, Bitcoin is dancing in its fifth wave—a move surfers and astrologers alike might envy—before supposedly hitting some new all-time highs (ATHs). 🏄‍♂️✨

Don’t pop that champagne just yet, though! According to Dgtrd, these “highs” could be as thrilling as discovering your UberEats order is missing fries. Fifth waves tend to resemble ending diagonals rather than triumphant fireworks. What a buzzkill. 🚀 ➡️ 🪂

Zooming out, he hinted that the broader third wave is singing its swansong. If music theory were a sport, this would be its encore before launching into a corrective concert—the symphony of which might erase 75% of Bitcoin’s imaginary throne. 📉🎻

Should this historic playbook uphold its grim tradition, Dgtrd envisions Bitcoin entering a melancholic cascade towards $19,973. You know, just your average rollercoaster plummet before the crypto rises like a phoenix in the next bull cycle… or so he says. Oh, and if that phoenix soars, $260,000 might be the sky to aim for. 🤑🔥

The Curious Case of BTC Peaking…or Not?

Still stuck in the Bitcoin soap opera, we’ve got BTC nostalgically reminiscing about its peak of $109 (yes, one hundred and nine dollars), reached the day a certain real-estate mogul was sworn into the Oval Office. So, yeah, Bitcoin’s life has been about as chaotic as cable news during election season. 🗳️✨

Enter crypto thespian Tony Severino. While Dgtrd sings dirges, Severino struts on stage and questions the entire plot. “Peaked? I think not!” exclaims our fearless disruptor. Well, not yet, at any rate. Severino flexes data from technical indicators and dismisses the possibility of a “blow-off top” (whatever that is). But even he acknowledges that things lack oomph, like a soda left open overnight. 🥤🤷‍♂️

Nevertheless, Severino isn’t ready to cancel the show. He insists the Relative Strength Index (RSI) hasn’t been drama-queen level high, leaving hope that Bitcoin might have another curtain call up its sleeve. For now, weary crypto traders sit glued to their screens, sipping coffee and awaiting Act III. ☕🎭

At the moment of speaking, Bitcoin gazes down from its current heady heights of $96,150, down a smidge of 1% according to CoinMarketCap. Truly, this is the cryptocurrency’s version of mood swings. Buckle up, spectators; there seems to be no intermission in this circus. 🎪💸

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2025-02-09 08:12