Crypto Traders Are Quietly Doubling Their Money—Here’s How They’re Getting Away With It 🙄

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You could hear the headlines thudding like ripe oranges on a dusty barn roof: war, missiles, red buttons and cooler heads butting like stubborn goats between the U.S. and Iran. Yet, out there on the plains of Wall Street, the S&P and NASDAQ are prancing around like nothing happened, while the price of oil just sat down and refused to worry. Even the haggard old dog of the crypto market wagged its tail. President Trump tried tossing a peace bone on X—some say it calmed the yard for a minute.

In comes VirtualBacon (no, not a breakfast item, he’s a crypto analyst), whistling through the dust. “Sell in fear?” he snorted. “Not in my pasture! Buy with the grit of a prairie farmer!” If you’ve got dry hands and an appetite for weird returns, here’s what he’s serving.

Bitcoin Refuses To Budge, Like A Stubborn Mule

Bitcoin, that old beast, is still grazing above $85k, turning circles around its 50-week SMA like a cow scratching at flies. Apparently, if it stumbles into the $94k to $95k pen, the 20-week SMA will be ready with a welcome mat and a trough full of dollar feed. VirtualBacon reckons any market tumble here is a gift from the investment gods—just don’t step in it by accident. A double-top pattern could show up soon, and if that neckline snaps, there might be a new gate for buyers itching to get in.

On-chain numbers are as noncommittal as a politician in an election year—Fear & Greed Index sits at 47. BTC’s got 64.5% dominance, still hoarding attention like an overfed tomcat on a porch swing.

Altcoins Worth Hoarding While Everyone Else Panics

Ethereum tiptoed down to $2,100, right where Fibonacci drew a polite chalk line. The ETH/BTC pair is holding at 0.018, which is apparently a “macro uptrend”—whatever puts hay in the barn. Analysts say it’s prime time to scoop up some ETH if BTC doesn’t go belly up beneath $90k.

Solana’s a little limp but still has value stuck to it like burrs in the $110–$120 range. The technicals aren’t perfect (that inverse head & shoulders failed harder than a city boy lifting a feed sack), but unless SOL/BTC sinks entirely, hope ain’t lost. XRP is wandering near the $1.74 to $1.80 fence, and miracle chasers are itching for a 3x move—probably safer than waiting on rain in August, but just barely.

TAO is apparently a big deal in the AI field, standing firm even if Bitcoin has a little spill down to $95k. VirtualBacon says $200 is a good entry point, but mind your boots—stop-loss is $175, and that edge is sharp. PEPE, the meme coin with the attitude of a cranky rooster, is retesting the neckline at $0.009 after flapping feathers at $0.005 for over a year. If you like wild rides, saddle up.

FAQs For The Folks By The Campfire

Should I be buying Bitcoin?

If you see it poking around $94k–$95k, that’s your signal. Just don’t try to milk an angry bull.

Any shiny altcoins I should chase?

Ethereum and Solana are hot gossip, especially since ETH’s got that macro strength. Shine ‘em up, see if they kick.

What’s everyone feeling?

Everyone’s playing it cool—Fear & Greed at 47, war blazing, and crypto cap up 4.26%. Some call it neutral. Others call it just another Tuesday.

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2025-06-24 10:36