Ah, Bitcoin. That shimmering promise of digital El Dorado, that siren song of overnight riches…which, as always, ends with the peasant’s shirt being sold for a handful of kopeks. From its dizzying height of $97,000 – a figure as inflated as the egos of those who dwell in this digital swamp – Bitcoin has fallen. And who, pray tell, saw this coming? Not the wide-eyed masses, clutching their smartphones and dreams. No, it was “Doctor Profit,” a self-proclaimed oracle in this wilderness of ones and zeros. A fitting name for a man who profits from the despair of others, wouldn’t you say? 🤨
This “Doctor,” armed with his charts and pronouncements, now declares the end is not yet nigh, but merely beginning. He, the Nostradamus of the blockchain, reveals his analysis on that wretched hive of scum and villainy known as X (formerly Twitter, but such names are but fleeting illusions in this digital age). He claims his previous prophecies have come to pass. One wonders, were these prophecies not vague enough to apply to any market fluctuation? 🤔
Bitcoin, that capricious beast, has indeed danced a jig of volatility. A fall below $75,000, a desperate climb towards $80,000 – such drama! Such excitement! But fear not, dear comrades, for Doctor Profit has spoken: the downward plunge is not yet complete. The party, he says, has just begun. A party, one imagines, where the champagne is tears and the music is the gnashing of teeth. 😆
He, in his infinite wisdom, has placed buy orders in the $58,000 to $68,000 range. A bold move, or perhaps a calculated one, designed to instill further panic and drive the price down to his desired level. One cannot help but suspect the motives of these so-called experts, these gurus of the algorithm. 😒
He claims this decline is not a setback, but a carefully orchestrated part of his grand strategy. A strategy, no doubt, as opaque and convoluted as the inner workings of the Kremlin.
Doctor Profit bases his pronouncements on the M2 money supply, a metric he claims is misunderstood by the unwashed masses. He, of course, possesses the secret knowledge, the key to unlocking the mysteries of the market. He, the enlightened one. 🙄 The M2 rises, the Bitcoin dances – a simple equation for a complex world, according to our esteemed “Doctor.”
He reminds us of his past predictions, his past glories. A 50bps rate cut, foreseen months in advance! A triumph of foresight! But even he, in his hubris, admits that the effects of M2 on Bitcoin will be gradual. Patience, he preaches, is a virtue – a virtue rarely found in the frenzied world of cryptocurrency.
His gaze now falls upon the $70,000 to $74,000 range. A springboard or a precipice? Only time, and Doctor Profit’s pronouncements, will tell. A break above the “Golden Line” (a term as ridiculous as it is meaningless) and we shall soar to new heights. A break below, and we shall plunge into the abyss. Such drama! Such suspense! 🤣
Should a “dramatic breakdown” occur (and one suspects he secretly hopes it will), he advises us to retreat, to lick our wounds, and to wait for even lower entries in the $50,000 to $60,000 zone. The bull run, he declares, will not resume until May or June, with targets of $120,000 to $140,000. A prediction as precise as it is dubious.
And yet, Bitcoin has rallied, spurred by the pronouncements of one Donald Trump. A temporary reprieve, perhaps, or merely a fool’s paradise. Bitcoin trades at $82,000, a 7% increase in a mere 24 hours. Such is the fickle nature of this digital beast. 🤪
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2025-04-10 18:42