Bitcoin’s Wild Ride: Will It Hit $200K or Just Crash and Burn? 🚀💸

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TL;DR

  • So, Bitcoin just decided to throw a party and crash through $110,000 like it’s no big deal. 🎉 The prediction squad is out in full force, ready to throw out some wild targets!
  • Since the tweet below, BTC has been on a rollercoaster, soaring higher than your last Tinder date’s expectations, with a market cap that’s now strutting around at over $2.2 trillion. 💰

After 121 days, #Bitcoin has broken its all-time high, also setting records in its market capitalization and realized cap:

Price: $109,486
Market Cap: $2.17T
Realized Cap: $911.5B

— glassnode (@glassnode) May 21, 2025

$150K or $200K Next? 🤔

In a plot twist that would make even the best soap operas jealous, Bitcoin has managed to bounce back from its dramatic slump below $75,000 just 45 days ago. It’s like watching a phoenix rise from the ashes, but with more digital coins and fewer feathers. 🦅

Now, it’s in price discovery mode, which basically means everyone’s making money and there’s no historical resistance to hold it back. Analysts are throwing out targets like confetti, with Ali Martinez suggesting BTC could hit a jaw-dropping $150,000. 🎈

#Bitcoin $BTC is trading at new all-time highs, entering price discovery. The next key levels to watch are $116,000, $126,000, $136,000, and $148,000!

— Ali (@ali_charts) May 21, 2025

Meanwhile, Stockmoney Lizards are feeling extra spicy, hinting at a potential short squeeze that could send BTC soaring to a whopping $200,000. Because why not? Let’s just throw caution to the wind! 🌪️

#Bitcoin

is about to break its old all time high!

Be prepared for an epic short squeeze.. Even if we see a short term rejection / fakeout at ATH, this will be just market maker games.

The path is clear.

– 160k (1.618 FE, conservative target)
– 200k (2.618 FE, optimistic…

— Stockmoney Lizards (@StockmoneyL) May 21, 2025

But a Pullback? 😬

Now, before we all start planning our trips to the moon, let’s not forget the classic saying: what goes up, must come down. The Wolf of All Streets is still feeling bullish but warns that all his technical indicators are screaming “retrace!” It’s like they’re having a panic attack at a party. 🎭

Every part of me wants to fomo on the Bitcoin price action, but every technical indicator that I have used for years (often wrong, like any other predictor) is screaming retracement.

Tough to be human.

— The Wolf Of All Streets (@scottmelker) May 21, 2025

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2025-05-22 08:58