So, Bitcoin just went and did a cheeky little number, breaking its own record right after Trump’s inauguration. Classic Bitcoin, always trying to one-up everyone. 🙄💸
Listen, darlings, when everyone’s getting their euphoric high, that’s exactly when you need to put on your sensible pants and practice some risk management. Boring? Maybe. Necessary? Absolutely. 🧐
Technical Analysis (Buckle Up!)
By Yours Truly, the Crypto Whisperer
Daily Chart Drama
Our beloved Bitcoin decided to throw a party at the $92K level, bounced back like a resilient little shit, and then casually waltzed past $100K. Because why not? It’s basically the crypto equivalent of a mic drop. 🎤
Right now, we’re looking at some seriously flirty upward potential. The $100K level is basically acting like a supportive best friend, and the RSI is giving major “I’m totally into you” vibes. If this support holds, we might just see $120K. No promises, but also… maybe? 🤷♀️
4-Hour Chart Gossip
Our asset broke out of a falling wedge pattern faster than I break my diet promises. Twice retested, pushing higher – it’s like watching a rom-com plot, but with numbers. 📈
That quick rejection at $108K? Hmm. Suspicious. Could turn into a messy breakup if $100K support gets ghosted. Stay alert, darlings. 🕵️♀️
On-Chain Analysis (The Tea)
By Your Favorite Crypto Narrator
Bitcoin Exchange Netflow: The Gossip Column
Investors are more optimistic right now than a first date after three cocktails. And the Bitcoin exchange netflow? Oh, it’s spilling ALL the tea. 🍵
Think of netflow like relationship status for crypto: positive means everyone’s sliding into exchanges’ DMs, negative means they’re quietly hoarding. And right now? We’re in a serious accumulation mood.
That 30-day moving average has been giving negative vibes for months – which in crypto speak means “I’m totally into you, but playing it cool”. This could create a supply shock sweeter than revenge. Higher prices might just be waiting in the wings. 💁♀️
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2025-01-21 15:50