Currency Forecast

And thus, the 2025 crypto saga continues, stacking up losses like a precariously balanced tower of jellybeans. But who’s counting? 🤷♂️

Bitcoin (BTC) then decided to bounce back to $114,300, up from its weekend sulk at $112,000. This, of course, sent the altcoins into a frenzy, with MYX Finance (MYX), Treasure (MAGIC), and Stellar (XLM) leading the charge. Because when Bitcoin sneezes, the altcoins catch a rocket. 🚀

Despite the tempestuous waves of the market, the overarching uptrend remains as steadfast as a cat on a windowsill. The burning question now is: can HBAR transform its on-chain prowess into a dazzling technical breakout? 🧐

Apparently, Musk hinted he might just pack his bags and leave if he didn’t get more stock. Oh, the drama! It’s like a bad soap opera, but with electric cars. “Will he stay? Will he go? Tune in next week!” 🎭

Let me translate the bitcoin drama for you: imagine a soap opera where the hero (that’s BTC) went from $105K to $123K like it was born with a silver spoon, only to crash back down to $114K because adulthood is hard. Now it’s stuck in a “consolidation phase,” which is finance-speak for “nobody knows what the heck is going on.” The support level’s at $112K, and resistance is somewhere between $118K and $120K. Basically, bulls are trying to throw a parade, but the bears won’t stop blaring air horns. 🎺

In his latest “let’s pretend we’re all financial wizards” session, Cowen spilled the tea to his 917,000 YouTube subscribers (yes, he’s that popular). Apparently, Ethereum has finally gotten its act together and formed a “higher macro low,” which is basically crypto-speak for “it’s time to shine, baby!” 🌟

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The AI gold rush has everyone from Microsoft to Meta acting like they’ve inherited a trust fund from a grumpy 19th-century tycoon. 💸 But here’s the twist: they’re splashing cash on servers, GPUs, and power bills like they’re at a tech-themed Burning Man. Greg Ip, WSJ’s resident economics sage, points out that while profits are up, free cash flow—the lifeblood of a company that doesn’t want to live paycheck to paycheck—is vanishing faster than a Bitcoin wallet in a coffee shop.

Apparently, our dear US economy threw a few curveballs—a bunch of signals, FOMC meetings, and macro data, all coming in surprisingly better than expected, which in crypto land, usually means “Uh-oh, maybe don’t get too excited just yet.”

Last Wednesday, the not-so-mysterious working group, led by none other than President Trump’s crew — because who said you can’t have a little irony in crypto? — rolled out a report filled with shiny recommendations on how to organize the chaos: market structure, banking regulations, and how to get the US dollar to wear a crown of stablecoins and crypto taxes, because apparently that’s what’s trendy now.