BTC to $135K?! MACD Cross Signals MASSIVE Pump! 🚀

The Bitcoin, that ornery beast, been pokin’ around ‘tween eighty-three thousand two hundred and eighty-five thousand eight hundred, like a hound dog sniffin’ for scraps. Some fellas, callin’ themselves crypto analysts – Titan of Crypto, they go by – reckon this here Bitcoin might just be fixin’ to kick up its heels. Seems the Moving Average Convergence Divergence (MACD), whatever in tarnation that is, done flashed a bullish cross. Sounds like some kinda religious revival, but for money. 💰

Bitcoin’s Fixin’ to Move, Maybe?

This Ali Martinez fella, he posted on that X thing, sayin’ Bitcoin’s caught in a channel, like a rat in a drainpipe. Eighty-three thousand two hundred holdin’ it up, he says. Might bounce up to eighty-four thousand five hundred, or maybe even claw its way to the top of that there channel. Just maybe. Don’t go bettin’ the farm on it. 🌾

Then there’s Daan Crypto Trades, bless his heart, sayin’ Bitcoin’s been stuck tighter than a tick on a hound dog for four days. Four percent, he says. Like that’s somethin’ to brag about. He goes on:

So you can understand that plenty of longs & shorts have been building up on both sides here. This will likely result in a larger move as one side eventually gets squeezed out.

Daan figures if it breaks below eighty-three thousand or above eighty-six thousand, then maybe, just maybe, it’ll do somethin’. Maybe it’ll rain soup. 🥣

Merlijn The Trader, another one of these fellas, chimes in about a short squeeze. Sounds painful. Says Bitcoin might dip, shake out the long positions – whatever those are – then trap the short sellers and shoot up. Like a rocket. Or maybe it’ll just sit there and rust. 🚀

BTC MACD Does Some Kind of Dance

Back to Titan of Crypto, who’s convinced this MACD bullish cross means Bitcoin’s headin’ for one hundred and thirty-five thousand. That’s a mighty big number. If my aunt had wheels, she’d be a wagon. 🐴

Seems this MACD thing happens when the short-term trend, whatever that is, passes the long-term trend. Means prices might go up, they say. Might also mean the cows come home. 🐮

Last time this MACD jig happened, Bitcoin went up ninety percent, from sixty thousand to one hundred and eight thousand. But don’t get too excited. There’s “resistance levels” whatever those are. Sounds like somethin’ from a bad sci-fi movie. 👽

In other news, Bitcoin’s hashrate – sounds like a breakfast food gone wrong – is at an all-time high. Means it might be “undervalued”. At the moment, Bitcoin’s sittin’ at eighty-four thousand seven hundred and seventy-two, down point seven percent. Don’t spend it all in one place. 😉

2025-04-17 15:13

Bitcoin’s Fixin’ to Move, Maybe?

BTC MACD Does Some Kind of Dance

Read More