Everything is going according to plan. The truth is, which plan — no one really knows. If you believed in 2023 or 2024 that bitcoin was already exhausted, and 'digital gold' would return to its mines at $20,000, then congratulations: you have been fooled again. Or, as it's now called on Wall Street, 'reaction in conditions of uncertainty.'
But you know who is definitely not confused? Allan Tardigrade, a crypto seer with accuracy to the hundredths of a percent, assures: bitcoin is currently in an ascending broad wedge. What does that mean? Nothing good for bears. Historically, every such wedge ended with the bull taking steroids and blasting through the price ceiling. 49%, 125%, 68% — yes, these are not inflation forecasts from the Fed, this is the increase in bitcoin after similar patterns.
And if that's not enough for you, please: a trader named Merlin — not a wizard, of course, but close — is drawing an inverted head and shoulders pattern on the chart. Sounds like a mysterious move from WWE, but in technical analysis, it's a mini bull run. His forecast? $140,000 for bitcoin.
And now seriously: who is paying for all this?
Well, of course, not the retail investor. They still think that Ethereum is something related to medicine. It’s all paid for by that same 'institutional' — the one who first said 'bitcoin is a bubble' and is now buying it by the wagon loads under the guise of ETFs. BlackRock, Fidelity, and all the old financial mafia — now they are crypto folks too. Welcome, guys. The water is warm. Especially if you heat it yourself.
'But why isn't it rising right now?!'
Great question, Jim from Reddit. Because the market is not a democratic vote. It's a theater. And right now — it's an act of waiting. Sideways movement, as they call it. But inside — passion is boiling, like a teenager before their first date. Just look at the volumes, the flows into ETFs, how Twitter among crypto influencers has started glowing with green candles again. We are on the brink of a new phase. They call it: price discovery. Or 'it's about to blow up.'
Who will lose?
Obviously, you are — if you continue to believe in 'stable inflation' and 'the dollar as a support.' These words now sound as empty as 'NATO's mission' or 'we have everything under control.' The only asset that cannot be printed by a printing press is bitcoin. And it is already ready to jump.