Bitcoin US$ 117.5k: A Tragicomedy in Several Acts (and Cryptoassets!) 🎭💸

Ah, Bitcoin! The drama that never ends, the excitement that makes you bite your nails, the financial opera that no one really understands, but everyone wants a front-row seat! Today, our digital tenor, BTC, decided to make a dramatic retreat, falling below US$ 117.5 thousand. It’s almost as if it were rehearsing for a fainting scene, the kind that only a respected prima donna can pull off.

And to add more spice to this Mexican-financial soap opera, Wall Street opened and... poof! The price action of BTC wilted faster than our hope of paying the bills solely with crypto. And the most hilarious part? The macroeconomic data from the USA was positive! But who cares about facts when you have a good tragedy to stage, right? It seems that Bitcoin market participants are preparing for "lower levels," meaning more crying and gnashing of teeth. Who needs a plot when you have volatility?

Summary of the Opera (financial, of course!):

So, what do we have here? A protagonist (Bitcoin) that is always seeking attention, with ups and downs more unpredictable than your mother-in-law's mood. A chorus (the investors) that alternates between euphoria and despair with each movement. An orchestra (the global markets) that dictates the rhythm, often without apparent logic. And in the end? Ah, in the end, someone always ends up losing or gaining a lot of money. It’s all very grand, dramatic, and, to be honest, completely crazy. But hey, at least it’s never boring!