The wind out of Salinas Valley’s dust would have had remarks about Bitcoin these days—if only the wind could count that high. Bitcoin, stubborn as a weathered mule, sits above $108,000. She’s seen a bit of wobble, but refuses to tumble without a fight. The folks tracking her, those CoinGecko pencil-pushers, say at one moment she reared up and hit $109,116—then dozed back down, like an old coyote who perks his ears but won’t bother chasing the rabbit just yet.
Above $106,000, this coin’s got less excitement than an Okie town at noon—volatility so quiet you could play horseshoes in the street. Enter Doctor Profit (yes, that’s his given name in these parts, apparently), known to some, beloved by few, and tolerated by many. He shakes dust from his coat and offers two possible fates for our digital darling—a bit like a preacher giving you heaven or hell, but with more charts and fewer hymns.
Bull Flag, Brief Glory, and the Comfy Pillow of $92,000
Scenario one: She breaks from her pen, races dustily for the $113,000 to $114,000 corral, and makes a new all-time high—and you better be watching, because it’ll be over fast, like a main-street fistfight at closing time. From here, instead of setting up lemonade stands on Easy Street, our friend Bitcoin trips on a rock and stumbles down to $92,000 or so. Why? Well, there’s apparently a CME gap, which sounds important unless you ask your mother, who’ll just tell you to wash your hands.
But don’t wring your hands and buy canned beans just yet—Doctor Profit calls this stumble “bullish continuation.” Think of it as resting on a haybale before another round of square dancing, the kind where nobody knows who’s leading but everything keeps moving up. The “Add more if market allows” message tagged on his chart might as well read: “If you got a dollar and guts, why not?”
This zone between $92,000 and $93,000 is marked out for anyone who’s still got faith and a high pain threshold. The pullback here would let the runaways catch up, reset the market, and get everyone dusted off before the next stampede to $120,000. Rinse and repeat, just like life in a John Steinbeck novel.
Who Needs a Pullback? Let’s Just Run Straight Up
Now, if that sounds like more drama than you want in your Tuesday, the Doc offers up scenario two—no pit stops, no sob story, just straight to $120,000 town. In this vision, Bitcoin blasts through resistance at $113,000 and runs like Tom Joad at midnight. No looking back, no tragic pauses for liquidity gaps or CME gossip—just unbridled, aggressive bullishness. We should all be so lucky.
Doctor Profit, always ready to debunk a ghost story, waves away panic about that ancient whale wallet waking up after a decade-long nap (the whale probably just needed to pay his crypto taxes, anyway). Word is, the big move was an over-the-counter deal, not a harbinger of disaster. The analyst assures us the coming days are set to be as calm as a Bakersfield river in July—no big market events to kick up dust, except for maybe the FOMC talking shop and US unemployment claims. (Yawn, right?)
Through it all, everyone’s peering at that $113,000-$114,000 stretch like it’s the last waterhole for a hundred miles. That’s where the story breaks, for better or worse—either she leaps higher, or takes a quick nap and makes the next run even wilder. Right now, as the sun sets, Bitcoin idles at $108,270, probably dreaming of ATHs and moon boots. 🚀💰
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2025-07-08 23:32