BTC Bloodbath?! 😱 Price Plunge Incoming!

Listen up, you chuckleheads! 🤪 That crypto boffin, Pejman (sounds like a sneeze, doesn’t it?), is flapping his gums about Bitcoin. Seems this digital doodleberry could be in for a right proper tumble. He’s bleating on about a certain level it needs to cling to like a desperate tick on a hairy dog, or else – BOOM! – heavy declines are on the cards.

Bitcoin’s About to Go Belly Up? Maybe…

In some fancy-pants TradingView post (whatever that is!), Pejman declared that if Bitcoin dips its toe below $83,500, it’s curtains! Kaput! Finis! This after he was all bright-eyed and bushy-tailed about some “bullish flag pattern.” Honestly, these crypto chaps make more excuses than a kid caught with his hand in the cookie jar. He reckoned Bitcoin was going to zoom upwards to fill some “CME gap” at $86,000. Blimey!

And wouldn’t you know it, the beastly thing did rally, hitting a dizzying $88,000, all thanks to that old windbag Trump and his tariff tantrums. But Pejman, that gloomy gusset, reckons that’s it. The top of the heap. He’s suggesting Bitcoin is about to do a spectacular face-plant 🤕.

And wouldn’t you know it, the price has since gone all wobbly and corrected downwards. Seems Trump’s been at it again, slapping tariffs on everyone from China to Great Britain. This is apparently bad news for Bitcoin and all its crypto chums. A proper stink brewing, I tell you! 😡

Could Bitcoin Plunge to the Depths of $78,000?!

Now, another brainbox named Kevin Capital (sounds like a villain from a cheap spy novel) is predicting Bitcoin could sink as low as $78,000. Apparently, there’s some “long liquidity” lurking about (sounds like something you’d find in a swamp). He reckons the market makers (whoever THEY are!) have been having a right old knees-up in the $87,000 to $90,000 range, just before Trump’s tariff announcement. Now, they’re likely to scoop up all the dosh down at $78,000 to $80,000. What a load of codswallop! 🤪

But hold your horses! Not everyone’s doom and gloom. Another chap, Rekt Capital (sounds like a pirate!), is still bullish on Bitcoin. Apparently, it had a 32% wobble a while back, but then bounced back like a rubber ball. So, he says, don’t get your knickers in a twist. It could still rally like a caffeinated kangaroo! 🦘

At the time of writing, Bitcoin is hovering around $83,000, down a measly 1% in the last 24 hours. Honestly, all this up and down is enough to give you a serious case of the jitters! 😨

Read More

2025-04-03 17:14