So, here we are. A crypto strategist, who apparently has a crystal ball, is saying that Bitcoin‘s little party might be coming to a screeching halt. Shocking, right? 🙄
This guy, Bluntz—who I assume is not his real name, because who would want to be associated with this?—is telling his 318,200 followers on X that Bitcoin is pulling a classic move: forming a bearish divergence on the daily chart. Sounds fancy, doesn’t it? But really, it just means the party’s over. 🎉🚫
He says,
“There’s a daily BTC bear div brewing here if it closes red by [today].”
“It’s unfortunate that it has appeared before fresh all-time highs, but it’s the first one since last year.”
“Be careful with longs in my opinion.”
As of now, Bitcoin is trading at a whopping $105,546. I mean, who has that kind of money just lying around? Not me! 😅
Now, let’s talk about gold. Apparently, it’s ready to make a comeback, like a bad sitcom that just won’t die. Bluntz thinks gold is gearing up for a rally to a new all-time high after completing some ABC corrective wave. Sounds like a lot of letters for something that’s just shiny metal, right? 🥇
He’s into this Elliott Wave theory, which is basically saying, “Hey, if it goes down, it’ll go up again.” Wow, groundbreaking stuff! 🙄
He shares a chart that suggests gold will hit a new record high of $3,600. I mean, who wouldn’t want to invest in something that’s just sitting there?
“Gold gathering steam for the next leg up here.”
Currently, gold is worth $3,221. Just a casual investment, right? 😏
And then there’s Floki, the memecoin that’s apparently got a future. Bluntz thinks it’ll dip to around $0.00008 before it skyrockets to $0.00018. Wow, what a rollercoaster! 🎢
“Looks like FLOKI is one of the few memes with a clear impulse five-wave rise from the lows on the daily, indicating the low is in.”
“Would be very interested in bidding pullbacks around the 50 fib if given.”
“Have always had a soft spot for this one.”
As of now, FLOKI is worth $0.000098. I mean, at this point, you might as well just buy a lottery ticket! 🎟️
Read More
- Hero Tale best builds – One for melee, one for ranged characters
- How Angel Studios Is Spreading the Gospel of “Faith-Friendly” Cinema
- Gold Rate Forecast
- Stellar Blade Steam Deck Impressions – Recommended Settings, PC Port Features, & ROG Ally Performance
- Castle Duels tier list – Best Legendary and Epic cards
- Comparing the Switch 2’s Battery Life to Other Handheld Consoles
- 9 Most Underrated Jeff Goldblum Movies
- Mini Heroes Magic Throne tier list
- USD CNY PREDICTION
- EUR CNY PREDICTION
2025-05-21 03:20