Guess whoâs back predicting Bitcoin is about to rocket higher than your exâs new relationship expectations? Thatâs right, your favourite InvestAnswers analyst is flexing his 565,000-strong YouTube following again, because apparently, if Bitcoin sneezes he gets a coldâpublicly.
Right, hereâs the new fantasy: Bitcoin might hit $160,000 soon. No pressure. All this is based on something called the âglobal M2 money supply.â Which, to the rest of us, is basically how much pretend money is sloshing around after governments keep pressing âCtrl+Pâ on their printers. The historical chart apparently lines up with Bitcoin perfectly, like sequins on a designer dress. Could go to $120K. Could go higher. Could get stuck just like my last Tinder match, who never texted back. Wait till June or July, and please try not to combust with anticipation.
Meanwhile, out in the wild: whalesâthe financial ones, not sea worldâsâare gobbling Bitcoin by the truckload. These crypto fat cats (think: more than 10,000 BTC in the digital wallet, so probably nobody you know personally) are hoarding with the subtlety of a toddler at a birthday party.
If you have between 100 and 1,000 Bitcoin, congratulations, apparently youâre now âthe money players.â Thatâs what analyst says. VIP lounge Bitcoin-blazers. 1,000â10,000 club, youâre doing amazing, sweetie.
If youâre clutching 10 to 100 Bitcoin, youâre âpivotingââlike Ross moving a sofa up the stairs. Bless. Less than ten? I mean⌠yes, youâre probably reading this. And, tragically, youâre selling. You and me both, darling. đ
Letâs overcomplicate this further. His Top and Bottom Indicator (TABIâno, not a trendy cocktail) says weâre still in the sartorial shade of yellow on the Bitcoin heat map. Weâre âmiddle of the road.â Now we wait for dark yellow, then orange, then I donât know, possibly spontaneous combustion.
So, if you were worried the partyâs overâitâs not. Thereâs still punch. The bull run isnât done strutting down the catwalk yet.
Current score: Bitcoin is sitting at $97,044, which is as exciting as a soggy biscuit.
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2025-05-03 12:24