Bitcoin‘s Back, Baby! But Is It a Sham? 🤯
Listen up, you schmucks! Bitcoin, that crazy digital doodle, is back from the dead! It bounced back from a measly $98,000, reaching a whopping $103,100, like a… well, like a… a… a… very, very expensive bouncy ball! 😂
Now, some knucklehead analyst named Rekt Capital (what a name, right? 🤪) claims this is just the beginning of the second phase of the “price discovery”, whatever that means. He says history suggests Bitcoin will soar to new highs, like a rocket fueled by… well, I don’t know, maybe magic beans? 🤔
#BTC
Bitcoin has competed its 1st Price Discovery Uptrend
BTC has most likely completed its 1st Price Discovery Correction
History suggests over the next two weeks…
Bitcoin should be able to embark on its second Price Discovery Uptrend to new highs$BTC #Crypto #Bitcoin
— Rekt Capital (@rektcapital) January 27, 2025
Bitcoin Price Discovery
Price discovery? What a load of hooey! It’s just a fancy way of saying “some people are willing to pay more for a digital doodle than others.” 🙄 But hey, if you believe in this stuff, more power to ya! Just don’t come crying to me when your digital doodle turns into a digital dud! 😂
This Rekt fella thinks Bitcoin is in a “parabolic phase,” whatever that means. Sounds like a bunch of gibberish to me! 🤣
Speaking of gibberish, Jim Cramer, that TV guy who knows about as much about Bitcoin as a chicken knows about astrophysics, is suddenly all in! “You should own Bitcoin!” he shouts. Oh, really? Should we trust the man who once told everyone to buy into the “Bernie Madoff miracle”? 🤨
JUST NOW – JIM CRAMER: “you should own Bitcoin, Bitcoin is a great thing to have in your portfolio”
oh no
— Inverse Cramer (@CramerTracker) January 28, 2025
Elsewhere on Crypto Markets
The rest of the crypto world is still in a slump, with Ethereum looking like a deflated balloon and other altcoins looking like… well, let’s just say they’re not looking good. 😟 But hey, at least Bitcoin’s doing okay, right? Right? …Maybe? 😅
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2025-01-28 09:34