Bitcoin Needs to Hold This Level or It’s Financial Armageddon 🚀💸

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So here we are again, clinging to the financial equivalent of a life raft, except this time it’s Bitcoin. And apparently, if it doesn’t hold above $105,000, we’re all going down in flames-or at least into yet another wave two correction (whatever that means). 😬

Cue Credible, the pseudonymous crypto wizard who has 475,400 followers hanging on his every word on X (formerly Twitter, formerly the place where people posted pictures of their breakfast). In true guru fashion, he’s waving his Elliott Wave magic wand and declaring that Bitcoin needs to stay above a “crucial price area” to spark a five-wave rally toward $150,000. Yes, you read that right-$150k. 🤑

For those unfamiliar with Elliott Wave theory, here’s the SparkNotes version: markets move in waves. Waves one, three, and five go up (yay!), while waves two and four are like that friend who always drags you back down to earth (boo!). According to Credible, Bitcoin has already completed wave one, soaring from $105,000 to $125,000, and is now wallowing in wave two. But-and this is a big but (not the kind you find in yoga pants)-if Bitcoin dips below $105,000, the whole thing falls apart. Cue the dramatic music. 🎶

“This third wave, which hasn’t started yet, should push us to at least $135,000,” says Credible, sounding eerily calm for someone predicting what feels like the plot of a sci-fi movie. He adds that wave three is usually bigger, so let’s just pencil in $150,000 as the next stop on this rollercoaster ride. Oh, and by the way, he calls this a “relatively conservative target.” Conservative? In crypto? That’s like calling a tornado “a light breeze.” 🌪️

At the moment, Bitcoin is trading at $112,971, because why make things easy? It’s like watching a tennis match, except instead of cheering for Federer or Nadal, we’re all rooting for numbers on a screen. 🎾

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And there you have it, folks-a crash course in crypto chaos. Now go forth and trade responsibly… or at least don’t blame me if your wallet starts crying. 💔💸

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2025-08-21 03:02