Veteran Trader Declares: Bitcoin Ready to Strut in Six-Figure Stockings! 🤑🎭

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Ah! Mesdames et messieurs, attend to this folly of fortunes most wild! In the grand stage of the marketplace, our hero, the Bitcoin, hath soared above the hallowed $96,000—more sprightly than Harpagon coveting his gold. 🍾 The crowd gasps! The on-chain resistance of $93,000 to $95,000 crumbles with the grace of a crusty tart at a fête, as soothsayers insist this six-figure dream draws nigh.

But who dost appear in costume, wielding candlesticks and more drama than a Marquise at a masquerade? ‘Tis Master Peter Brandt! Armed with charts and wit, he proclaims with the authority of Orgon before a contract: “Prepare, for the Bitcoin parade may yet reach $150,000 ere the summer’s mosquitoes retire!”

Behold Brandt’s Great Timeline: Bitcoin Aspires to the Sun! 🌞

Attend, for Master Brandt, veteran of many a market farce, hath scribbled upon social parchment (X, not the royal scrolls), a weekly candle dance routine fit for Versailles. See how the candle prances and pauses at the parabolic line—lo, the invisible wall where many a speculator has cracked their fortunes since the Year of Past Highs, 2021.

Within his tapestry, find all the classics: the three-headed beast (head and shoulders), expanding triangles—wider than the skirts of Elmire—and those sly consolidation wedges. His logic: the wedge now broken, the bull market’s corset remains snug.

Per his divine farce, the parabolic line—the gatekeeper—broodeth at $120,000. Break this, and we ascend toward $150,000, perhaps in time for the next harvest, August or September 2025, when even Tartuffe may repent his cynicism.

Resistance! The Stage Hands Object: $93,000-$95,000 Awaits

Meanwhile, the statisticians in powdered wigs—Glassnode, they do call themselves—proclaim: “Mon Dieu! Bitcoin hath two new nemeses! The 111-day simple moving average (the accountant’s abacus) sits stern at $91,300, whilst the short-term cost basis lies in wait at $93,200.”

Yet, do not bring the smelling salts just yet! For our protagonist broke above the $94,000 of early May—a feat worthy of a standing ovation—signaling a most bullish plot twist. Now, a fever grips the parterre—traders weighed down by coins purchased dearer than a Parisian dinner now contemplate selling at break-even, eyes wider than Scapin upon hearing of a new inheritance.

Ah, but the true old guard! These holders, grizzled veterans, boast realized profits over 350%—enough to trigger envy in Molière’s most miserly. Some 254,000 BTC have aged like fine Bordeaux, passing the 155-day mark, mostly bought above $95,000, and determined to HOLD as though their ledgers depended on it.

To summarize, the bulls swagger, yet the $93,000–$95,000 gallery may throw rotten fruit if sellers seize their exits. The curtain has not yet fallen, and Master Brandt’s grand proclamation hovers just out of reach—a dream for the second act!

Encore! As this missive reaches thee, Bitcoin pirouettes at $96,635. Whether comedy or tragedy shall close this play—let us watch, and perhaps wager a denier or two! 🎭🍿

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2025-05-03 01:36