Ah, the marvelous world of Bitcoin, where a gravestone doji looms like a mischievous imp, grinning at the market’s uncertainty! 🦹♂️ Cryptowzrd, the wizard of charts (no cape, just a calculator), declares that Bitcoin clings to its support level like a child to a lollipop. But will it soar to $120,000, or will the bears have their picnic? 🧸🍯 Only time-and a few bullish candles-will tell.
Fundamentals: The Unseen Hand (or Foot?) Kicking BTC Forward
Despite a weak NFP print that left traders scratching their heads like confused chickens, Bitcoin stands firm above $110,500. 🏋️♂️ Cryptowzrd notes that the market is as indecisive as a child in a candy store, but the fundamentals are whispering sweet nothings in BTC’s ear. Macroeconomic factors, those sneaky puppeteers, are pulling the strings, keeping the bullish flame flickering. 🔥
From a weekly perspective, traditional markets ended on a high note, like a choir hitting the perfect pitch. 🎶 But beware! Without a series of bullish daily candles, the $120,000 resistance might as well be a castle guarded by dragons. 🐉 Volatility lurks, ready to pounce on the unsuspecting.
Should Bitcoin stumble below $110,500, it’s like tripping on a banana peel-a deeper correction could send it tumbling toward $100,000. 🍌 Traders, sharpen your knives; short-term downside plays are on the menu! 🍴
Over the weekend, Cryptowzrd will be glued to lower-time frame charts, hunting for scalp opportunities like a fox in a henhouse. 🦊 But fear not! The $110,500 level remains the fortress, and he’s not letting it fall without a fight.
Intraday Volatility: The Market’s Temper Tantrum
Intraday charts have been as unpredictable as a toddler on a sugar rush, thanks to the NFP print and fundamental chatter. 🍭 Traders are juggling technicals and macro factors like circus performers, but without a decisive move above $113,200, the bulls might as well take a nap. 😴
A drop below $110,400? That’s the market saying, “Let’s spice things up!” 🌶️ Cryptowzrd, ever the patient observer, is waiting for the stars to align before making his next move. After all, in the land of Bitcoin, timing is everything-and so is a good sense of humor. 😄
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2025-09-07 19:35