Bitcoin’s Big Wish: $100K or Bust? The 11% Win That Has Traders Scrambling
Bitcoin’s RSI is throwing a tantrum, suggesting prices might dive lower, because who doesn’t love a good dip?
Bitcoin’s RSI is throwing a tantrum, suggesting prices might dive lower, because who doesn’t love a good dip?

Selon la dernière parade de chiffres, nos chers ETFs Bitcoin, ces joyeuses comédies financières, ont laissé tomber plus de 157 millions de dollars en une seule semaine. Le romantisme financier s’efface, laissant place à un soupir de désillusion et de méfiance. Ah! La passion s’évapore, tout comme la patience d’un enfant face à une crème brûlée ratée. 🍾

Meanwhile, beneath the surface, BNB Chain [BSC] is sending out bullish signals like a teenager trying to get a date. Could this be the beginning of something truly spectacular? Or just another pump-and-dump? Stay tuned, because your guess is as good as mine.

Hot on the heels of a mind-blowing $2 trillion market cap rally (because apparently, that’s just a Tuesday), Vance appears on stage declaring Bitcoin is no longer an outsider’s gamble but the future of your cold, dead money. Markets listen—probably because they’re pretty tired of the same old boring stocks.

The hourly chart looks like Bitcoin’s doing the limbo—squeezing between $103,127 and $104,947, with a whisper of increased green candles hinting that the little critter might be hoarding energy. Early signs point towards an inverse head and shoulders formation, a fancy way of saying “Hey, I might go up soon!” If the volume joins the party with a bang, it could break free and dart above $104,900, maybe even punch through $105,000—perfect for short-term thrill-seekers. But beware: if it slips below $103,000, the bullish party might be over, and the crypto hamster wheel continues.

Can you believe it? The price of Hyperliquid (HYPE) rocketed to $39.92 on May 26, a staggering 327% jump from its lowest point in April. Whoa, slow down there! This price surge sent its market cap soaring to over $10.9 billion, while its fully diluted valuation went over a jaw-dropping $35 billion. Let that sink in for a sec. 💸

The chart — that inscrutable window to our speculative souls — no longer whispers secrets. Once confined between the modest $70,000 and $90,000—like a nervous teenager’s first crush—it burst forth with a roar in Q2, unrepentant and unstoppable. The sacred $100,000 threshold, once the shiny trophy for gamblers, now looks more like the sturdy foundation on which the market’s house is built—an unquestioned cornerstone of cryptic certitude.

In a shocking twist, our friend Burak Kesmeci (say that five times fast) reports that Bitcoin saw its third-largest long liquidation of May—$202 million wiped out on Binance faster than you can say “margin call”!). Apparently, traders got overly confident, riding their leveraged wave from $94K to a record-breaking $111K, only to get washed out like last week’s laundry. When these forced sell-offs happen, volatility goes wild—it’s like a carnival ride, but with more crying.

In a shocking twist, our friend Burak Kesmeci (say that five times fast) reports that Bitcoin saw its third-largest long liquidation of May—$202 million wiped out on Binance faster than you can say “margin call”!). Apparently, traders got overly confident, riding their leveraged wave from $94K to a record-breaking $111K, only to get washed out like last week’s laundry. When these forced sell-offs happen, volatility goes wild—it’s like a carnival ride, but with more crying.

At 41, Duncan-Carle was living the dream… just not the legal one. He managed to get himself 72 months in prison after he admitted to, *wait for it*, defrauding the government and a bunch of companies out of a whole lot of money. But hey, a little jail time never hurt anyone, right?