On the wind-scoured steppe of digital finance, Bitcoin staggers momentarily, perched at the summit—$97,000. Ah, but then, the inevitable: a retreat to $94,000. What is 3% loss to a people forged in the crucible of bear markets? Still, the traders twitch, cowering in their candle-lit Telegram hovels, eyes wide and bleary, parsing every heartbeat of this cryptic beast.
The Oracles and Their Humble Index
Hidden in the mathematical undergrowth, a certain “Composite Index v2.0” emits a reading: 0.8. So precise! So comforting, if only numbers could cradle a man’s trembling hands at midnight. Once, in the golden days of 2017 and 2021, the index whispered before the stampede—oh, how swiftly fortunes materialized, then vanished! Analyst Constantin Kogan stands at the gate, peering at the dial: if the arrow trembles toward 1.0, he murmurs, the storm shall come. If not, well—life on the chain remains a wheelbarrow of uncertainty, rolling endlessly up and down the same sorry mine shafts.
“Running ATH Price”—a phrase as majestic and meaningless as “democratic elections.” Yet, it trends upward, and hope, too, is a stubborn weed. Fresh buyers stumble forth, pockets jangling. Faith! Or something close enough, so long as Satoshi’s algorithm guards the gates.
Comrades, our metrics march forward. The index shouts 0.8—nearly to the mystical 1.0. Here the roads split thrice: Bullish! Bearish! Borscht-scented boredom in between.
— Kogan (@constkogan), May 4, 2025 🧑💼
The Promised Land or Siberia?
Should this index overachieve (unlikely, but one must daydream in this economic tundra), analysts brandish targets from $150K to $175K. Fantasies, perhaps, but in a land of prisoners and guards, hope is a currency, too.
Yet, drudgery is more reliable than euphoria. If the index flounders between 0.8 and 1.0, we may grind sideways—$90,000 to $110,000, neither rich nor poor, eternally waiting for better rations. If it slumps below 0.75, then prepare your winter boots, friends, for the icy plains of $70,000 to $85,000.
The URPD chart—reminds one of bureaucratic quotas. Provided by an analyst called “Checkmate,” which is oddly fitting. Here we see where the true believers purchased their shares of the myth—$93,000 to $98,000—the Promised Land (until, of course, it isn’t).
Now, this is the supply zone: a battleground where those newly-minted holders sweat in silence, not sure if they are geniuses or fools.
At $94,000, Bitcoin stands listless, neither escaping nor collapsing. Traders lurk on the frontier, watching the Composite Index and URPD charts as though they are divining the future from bird entrails. If the price breaks out, they’ll call themselves prophets. If not, back to the salt mines of speculation.
For now, we wait. For freedom or famine, bull or bear, moon or gulag—such is the eternal question in the Republic of Crypto.
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2025-05-06 16:30