Gather ’round, dear friends, for in the murky depths of the crypto realm, there lurks a trader with a tale most dreadful! This self-styled oracle of the Bitcoin universe, known affectionately as Bluntz (because who needs a proper name, right?), has turned his piercing gaze on our beloved BTC, predicting a holiday season filled with frigid prices ahead! ❄️💸
With a following that could rival a marching band, Bluntz confidently declares to his 318,000 followers on the fantastically named platform X (the artist formerly known as Twitter) that Bitcoin is already donning its bear furs. Why just a bear market, you ask? Well, buckle up – he reckons we’re in for a two-year hibernation! That’s longer than some of Grandma’s stories! 🐻✨
Drawing from the magical art of charting, he conjures up a diagram that apparently reveals the duration of BTC’s last wild ride from December 2022 to January 2025. Ah, numbers! The soothing lullabies of the mathematically inclined.
“Time-wise will probably last into 2027 in my opinion, give or take 25%.” 🕰️
As if that wasn’t enough, this oracle of doom predicts that our dear Bitcoin may very well lose 55% of its value! It’s like bringing your pet goldfish to a water fight – a recipe for disaster!
When pushed for his precise downside price target, he huffs, “$36,000.” That’s like asking a chicken about its egg-laying schedule. It just pecks around! 🐔💥
At the time of this tale, Bitcoin is juggling its way around $80,296. Quite the conundrum!
But hold on to your hats, because while Bluntz sticks a fork in Bitcoin, he’s got a shiny nugget of good news about a precious metal. Gold may be glittering like the sun, but Bluntz declares it’s silver that’ll be the real star, possibly soaring up in a market frenzy! 🥳
With a keen eye, he’s been monitoring the two-week chart of gold versus silver (what a mouthful!). Spotting what he calls a major lower high after a rather adventurous ABC rally, he exclaims, “Time to pay attention to silver, in my opinion… Finally.”
Bluntz clings to his Elliott Wave theory like a child to candy, proclaiming that after an ABC rally, bullish assets typically encounter a five-wave downtrend. It’s like watching your favorite soap opera, where things can only go downhill after the climax! 📉🍬
And let’s not forget: last week, gold, in its shimmering splendor, struck a high at $3,167 per ounce. It’s having a party up there! 🥳💰 Meanwhile, silver twinkles modestly at $30 per ounce, perhaps plotting its great escape!
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2025-04-08 10:22