Okay, so
Bitcoin Price to $100K or $80K as Matrixport Predicts Bulls-Bears Impasse? – who are they again? – is saying Bitcoin's stuck between a rock and a hard place. $100K or $80K, that's the question. Like we haven't heard that one before.
Crypto "Analysis": More Like Astrological Bullshit
The Usual Suspects
Thanksgiving bump, bullish hammer pattern... Give me a break. These "analysts" are throwing darts at a board and pretending it's science. Seasonal patterns? In crypto? Please. It's all hype and hopeium, fueled by guys who bought in at $69K and are still sweating bullets.
Glassnode says it's stuck in a range. Well, duh. Liquidity's drying up because everyone with half a brain is taking profits or waiting for the next rug pull. Realized losses surge? No kidding! People are finally waking up and realizing this ain't a get-rich-quick scheme. It's a casino with extra steps.
And ofcourse, the Fed gets dragged into this. Rate cut expectations? That's the magic bullet, right? More free money to pump into Ponzi schemes. Spot Bitcoin ETFs seeing inflows? So what? BlackRock needs to justify their existence somehow. It's all smoke and mirrors, people.
I swear, every time I see another article about "Bitcoin Cost Basis on-chain metric," I lose another brain cell. Who even understands that crap? And more importantly, who *cares*? It's just technobabble designed to sound impressive and confuse retail investors into buying the dip. Which, let's be real, is probably just a bigger dip waiting to happen.
Crypto Options: Imaginary Money, Imaginary Experts
Options, Schmoptions
147K BTC options expired. $13.42 billion notional value. Blah blah blah. The fact that they use the word "notional" should tell you everything you need to know. It's all imaginary money until someone actually cashes out.
Analyst Ted Pillows – I'm not making that name up – sees resistance at $92,000-$93,000. Okay, Ted. Maybe he should stick to selling pillows. And Peter Brandt, the "veteran trader," is calling for a crash to $60K. So basically, nobody knows anything. Got it.
Trading volume down 32%. Now *that's* interesting. Maybe people are finally starting to get bored with this rollercoaster. Or maybe they're just broke from buying all the previous dips. Either way, it's not a good sign for the "to the moon" crowd.
10X Research is babbling about a transition to fundamentals and network growth. Fundamentals? In *crypto*? That's like saying a turd has a good flavor profile.
So, What's the Real Story?
It's a bunch of overhyped garbage, propped up by hopium and greater fool theory. The whole thing is a house of cards, and it's only a matter of time before the slightest breeze sends it all crashing down. I'm not saying Bitcoin is going to zero, but I *am* saying that anyone who thinks it's going to $100K by the end of the year is probably smoking something stronger than I am.
