Bitcoin’s $200K Dream: What Mr. Wall Street Is Saying About The Big Surge

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Well, here we are again, folks. Bitcoin, that rascally digital currency, has made a strong 7.20% comeback this past week, strutting around above $104,000. You’d think it was a victory parade, but who’s counting? This is the kind of rebound that could make even the most skeptical trader do a double-take after the crash below $75,000 in April. And now, Mr. Wall Street – yes, you read that right – is predicting Bitcoin could hit a cool $200,000 before the market cycle wraps up. Is this guy a genius or just a fancy gambler with a crystal ball? You decide. 🤑

Bitcoin: The Path to $200K – Or Just a Fool’s Gold Rush?

On May 10, our dear friend Mr. Wall Street threw out some tasty morsels on his X post, laying down the reasoning behind Bitcoin’s recent moves and dropping some eye-popping future price predictions.

So, how did Bitcoin make this glorious 40% jump from $74,000 to $104,000? Well, according to Mr. Wall Street, it’s all thanks to a little thing called a supply shock at over-the-counter desks. Sounds fancy, right? Essentially, institutional investors had no choice but to buy Bitcoin directly from exchanges, ramping up demand like a kid in a candy store. 🍬

But wait, there’s more! Apparently, the U.S. tariffs stirred up so much fear that investors, in a mad scramble to secure their wealth, decided gold was the safest bet. Normally, you’d think gold would just sit there in its glittering glory, but history shows that when gold shines, Bitcoin follows suit. And it’s not just a coincidence. According to Mr. Wall Street, Bitcoin gets a 3-month delay after gold’s price hikes, with a nice little +13% pump whenever gold investors start thinking, “Hey, maybe I should diversify into Bitcoin.” Classic move.

“This extreme fear was bringing a general capital rotation from risk assets to gold, which was long-term extremely bullish for Bitcoin. Every time gold pumps, Bitcoin pumps with an average delay of 3 months, as profits rotate from gold towards Bitcoin. Since gold is 13 times bigger, 1% of gold flowing into Bitcoin can bring a +13% bump.”

And the good news doesn’t stop there! Mr. Wall Street predicts that Bitcoin could keep on chugging up until August or November, with BTC possibly flirting with $150,000. Think of it as a little warm-up before hitting the big leagues. Then, between $150,000 and $180,000, expect a little “accumulation period.” The calm before the storm, where the really smart folks will hold tight for a jump to $200,000. 💥 But hey, don’t get too cozy, because when it hits $200,000, it’ll be like a brick wall of psychological resistance – remember when $100,000 seemed impossible? Yeah, like that. Once Bitcoin peaks, expect a 50%-70% drop. Time to buckle up, buttercup.

Bitcoin Price Overview

As of now, Bitcoin is trading at $103,956, showing a modest 0.80% gain over the past 24 hours. But, and here’s the kicker, daily trading volume has taken a little dip, dropping by 17.39%, and sitting at $45.65 billion. How’s that for some excitement?

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2025-05-11 21:24