Bitcoin: Uh Oh! 😱

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Oy Vey! Bitcoin‘s About to Have a Kvetch!

So, Bitcoin, huh? Always with the drama! This fancy-schmancy “on-chain profitability gauge” – sounds like something my bubbe used to measure her pickle brine – is doing a little dance that, last year, led to a big, honkin’ market crash. And this Adler guy, a real head-scratcher, says if Bitcoin dips below $70,000… forget about it! We’re looking at a YEAR of misery. A YEAR! Can you believe it? 😩

Apparently, this “Supply in Profit” thingie, which tracks who’s making shekels and who’s losing them, is kinda wonky. It’s gone down faster than a matzo ball in hot soup from a whopping 19 million BTC to a measly 13.2 million BTC! Big gap, big problems, you get the picture. It’s like the difference between a full plate of brisket and a radish!

Deja Vu All Over Again! (Sound familiar?)

This Adler, he says it’s like 2022, but not exactly. The long-term picture is still… passable. But the short-term? Fuggedaboutit! The 30-day average is looking sadder than a clown at a funeral. It dropped! It’s below the 90-day! It’s a whole mess!

He says if this 30-day average keeps turning around – and it better – that means things are okay. But it all depends on Bitcoin holding steady. If it doesn’t? Shiksha! 👻

He’s even got a prediction! He thinks the gap will close, he’s a regular Nostradamus, but only if nothing bad happens. He’s calculating things with more precision than a Swiss watchmaker… or my accountant.

And what’s causing this whole shebang? Apparently, old data is disappearing from those “moving averages.” Who knew math could be so… inconvenient? It’s because of what happened in October, when Bitcoin was riding high! Now those numbers are gone, pulling everything down. Oy.

He thinks things will be peachy by February or March… if everything goes just right. Like expecting a traffic jam to disappear during rush hour! 🙄

The Magic Number: $70,000 (Don’t Look Down!)

Here’s the kicker: If Bitcoin falls below $70,000, all bets are off! It’s like opening Pandora’s box filled with bad investments and regret. Supply will plummet, the gap will widen, and we’ll be stuck in this mess for another year. A YEAR! I’m starting to get a stomachache just thinking about it.

So, hold on to your hats, folks! And maybe short Bitcoin! Nah, I’m just kidding… mostly.

Right now, Bitcoin’s at $88,102. So, we still have a little breathing room. But don’t get cocky! This is Bitcoin we’re talking about! It could go either way… probably the wrong way. Always the wrong way! 😏

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2025-12-31 07:18