Well, well, well! Bitcoin has done it again—shot up like a rocket-powered toffee apple, smashing through its old record and leaving everyone from bankers to barbers scratching their heads in disbelief. The world’s most mischievous digital coin is now prancing about at a price so high, even your grandma’s porcelain piggy bank is blushing. Fueled by big-money suits, excitable day-traders, and the sort of economic winds that make economists mutter into their tea, Bitcoin’s latest leap is less of a hop and more of a triple somersault with a cherry on top.
Historic Surge: BTC Blasts Past Previous Highs
Enter BlockPIO, a crypto analyst with a nose for drama, who took to X (that’s Twitter for those still living in 2023) to trumpet Bitcoin’s latest escapade. BTC/USDT has soared past $109,400 on Bitfinex—yes, you read that right—making the market giddier than a squirrel in a nut shop. BlockPIO insists this isn’t your garden-variety rally; it’s more like a stampede of golden geese, all laying eggs at once.
He points out that the monthly chart is doing its best impression of previous crypto booms, only this time it’s wearing platform shoes and a glittery cape. The indicators are hinting at something even bigger brewing—think of it as the chocolate factory before Willy Wonka opens the doors.
Meanwhile, Peter Akintade’s Fibonacci Trend Cycle strategy (try saying that three times fast) says Bitcoin has already danced through three major cycles and is now waltzing into its fourth, aiming to twirl past $112,000 before the music stops.
Peter’s got his eye on the candles—no, not the birthday kind, but those mysterious chart squiggles that traders love. Each one marks a dramatic turning point in Bitcoin’s wild journey, like breadcrumbs left by a particularly greedy Hansel and Gretel.
This fourth cycle, Peter says, is like the previous ones but supersized—think BFG after a hearty breakfast. With more people joining the party and the market growing up (just a smidge), Bitcoin seems poised for another dizzying climb. If it breaks above $112,000, Peter reckons we’ll have ourselves a brand new chapter in this never-ending fairy tale.
Price Rebounds Off 100 MA—Is A Channel Breakout Next?
Now, over to Whales_Crypto_Trading (who probably wears sunglasses indoors), reporting live from the charts. He’s spotted Bitcoin bouncing off the 100 moving average and clinging to support around $101,000 on the 1-hour chart—a bit like a cat refusing to leave its favorite windowsill. This bounce could be the springboard for another leap skyward.
Buyers are swooping in at these lofty levels, propping up Bitcoin’s price and keeping it snug inside an ascending channel that’s been as reliable as Grandpa Joe’s bedtime stories. Whales_Crypto_Trading says the next big target is at the top of this channel—if Bitcoin can vault over that, we might just see another round of fireworks and confetti (digital, of course).
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2025-05-25 09:43