Bitcoin’s WILD Ride! 🎢

by

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Oy vey! Bitcoin is back above $87,000! Can you believe it? After a little tummy trouble last week – a “sharp drawdown,” they call it! – it’s doing a little jig. A jig, I tell ya! Apparently, it was feeling a little…oversold. Like a pastrami on rye that’s been sitting out too long. 😜

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Now, everyone’s still running around screaming “Extreme Fear!” – a measly 13 points, can you imagine the chutzpah? – but those fancy-schmancy technical indicators are saying, “Hold the phone! Maybe, just maybe, things are looking up!” It’s trading around $87,100, which, let’s be honest, is still a lot of zeros. And the RSI is down at 22.65…oversold, they say? More like over-drama! 🎭

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But hold your horses! It’s still below that 50-day and 200-day “SMA” thingamajig – $107,482 and $105,108, respectively. So technically, it’s still a bit of a mess. Still, the buyers…those tenacious little guys…are trying to muscle their way back in. It’s like watching two schnooks fighting over the last bagel.🥯

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What the Chart Shows (If You Can Read Them Things!)

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This TradingView chart…a complicated mess of lines and candles…apparently shows something:

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  • It dropped…it rose…there were liquidations! Oy gevalt! But buyers stepped in-buyers always step in when there’s a bargain!

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  • A “V-shaped recovery”! Sounds like a new dance craze!💃

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  • It climbed and climbed until it hit $87,000! A full recovery! A miracle! Though still not enough to buy a decent deli sandwich.

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  • Wicks everywhere! Volatility! Aggressive order flow! A total kerfuffle!

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Basically, the chart says buyers are strong…for now. They absorbed the selling, flipped things around, and are now battling for control. It’s a battle royale! 💪

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Market Outlook

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So, with everyone scared stiff and the RSI flashing red, Bitcoin is stabilizing. Now, everyone’s watching to see if it can hit $90,000. If it does, maybe we’ll all be rich! If not…well, don’t ask me! I’m just a guy telling you about numbers! 🤷

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Disclaimer: This isn’t financial advice, folks! I’m a comedian, not your broker! Do your own research, talk to a professional (a real financial professional!), and don’t blame me if you lose your shirt! And remember, the house always wins… except maybe in crypto. Maybe.

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Bitcoin’s WILD Ride! 🎢

Oy vey! Bitcoin is back above $87,000! Can you believe it? After a little tummy trouble last week – a “sharp drawdown,” they call it! – it’s doing a little jig. A jig, I tell ya! Apparently, it was feeling a little…oversold. Like a pastrami on rye that’s been sitting out too long. 😜

Now, everyone’s still running around screaming “Extreme Fear!” – a measly 13 points, can you imagine the chutzpah? – but those fancy-schmancy technical indicators are saying, “Hold the phone! Maybe, just maybe, things are looking up!” It’s trading around $87,100, which, let’s be honest, is still a lot of zeros. And the RSI is down at 22.65…oversold, they say? More like over-drama! 🎭

But hold your horses! It’s still below that 50-day and 200-day “SMA” thingamajig – $107,482 and $105,108, respectively. So technically, it’s still a bit of a mess. Still, the buyers…those tenacious little guys…are trying to muscle their way back in. It’s like watching two schnooks fighting over the last bagel.🥯

What the Chart Shows (If You Can Read Them Things!)

This TradingView chart…a complicated mess of lines and candles…apparently shows something:

  • It dropped…it rose…there were liquidations! Oy gevalt! But buyers stepped in-buyers always step in when there’s a bargain!
  • A “V-shaped recovery”! Sounds like a new dance craze!💃
  • It climbed and climbed until it hit $87,000! A full recovery! A miracle! Though still not enough to buy a decent deli sandwich.
  • Wicks everywhere! Volatility! Aggressive order flow! A total kerfuffle!

Basically, the chart says buyers are strong…for now. They absorbed the selling, flipped things around, and are now battling for control. It’s a battle royale! 💪

Market Outlook

So, with everyone scared stiff and the RSI flashing red, Bitcoin is stabilizing. Now, everyone’s watching to see if it can hit $90,000. If it does, maybe we’ll all be rich! If not…well, don’t ask me! I’m just a guy telling you about numbers! 🤷

Disclaimer: This isn’t financial advice, folks! I’m a comedian, not your broker! Do your own research, talk to a professional (a real financial professional!), and don’t blame me if you lose your shirt! And remember, the house always wins… except maybe in crypto. Maybe.

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2025-11-24 11:03