So, here we are, folks. Bitcoin, that digital gold we all love to hate, is apparently gearing up for a big week. Analysts are saying it could hit $116,000. I mean, really? $116K? What’s next, a Bitcoin yacht party? 🚤💰
After some CPI data that cooled off like a lukewarm cup of coffee, and with institutional adoption at its peak—whatever that means—Bitcoin is ready to break out. They say it’s going to rally this week, just in time for Monday. Because nothing says “I love Mondays” like a skyrocketing cryptocurrency, right? 🙄
And let’s not forget the U.S. Senate is busy discussing the Stablecoin bill. I can’t even keep track of what a Stablecoin is! Is it like a stable relationship? Because I could use one of those. But hey, the market is feeling bullish, and we all know what that means: more people talking about Bitcoin at parties. Yay! 🎉
Now, a crypto trader named Merlijn The Trader—sounds like a character from a bad sitcom—has a three-step plan: a “fakeout,” a breakout, and then a small retrace. Sounds like my dating life! But he insists this is the path to new highs for Bitcoin. Who am I to argue with a guy named Merlijn? 🤷♂️
THE BITCOIN BREAKOUT IS UNFOLDING STEP BY STEP.
✅ Fakeout
✅ Breakout
✅ Small retraceThe pattern is playing out to the T.
Next stop? $116K+Don’t fade this move.
— Merlijn The Trader (@MerlijnTrader) June 12, 2025
So, this fakeout thing? It’s like when you think you’re getting a good deal on a used car, but then it turns out to be a lemon. But Merlijn says it’s all part of the plan. “Stay the course,” he says. Sure, I’ll just sit back and watch my money do the cha-cha. 💃
And if you think Bitcoin hitting a new high by the weekend is just a pipe dream, think again! Analysts at Bernstein have revised their 2025 target to $200,000. They’re saying strong ETF inflows could account for 7% of Bitcoin’s circulating supply. I don’t know what that means, but it sounds impressive! Maybe I should start investing in ETFs instead of my coffee habit. ☕️
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2025-06-12 13:25