Bitcoin’s Mysterious Magic Trick: Will It Make You Rich or Just Confused? 🤔💰

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Bitcoin (BTC), that digital unicorn that refuses to just quietly nap, has just pulled off a golden cross on the daily MACD – which, to the untrained eye, might sound like the latest yoga pose but is actually some sort of financial sorcery. Meanwhile, its short-term MVRV decided to throw a little party near $107,000, as if whispering, “Hey, I’m bottoming out but still trying to look cool.”

This rare spectacle has only happened three times in the current cycle, like sightings of a particularly elusive garden gnome, and each time it marked a significant local bottom. Which, in crypto-world, roughly translates to “Please buy now before it does something unpredictable.”

Golden Cross + MVRV Bottom: Secret Handshake of Crypto Wizards

On the mysterious plains of X (formerly known as Twitter, but with more chaos), the pseudonymous oracle Mr. Wall Street – who may or may not be an actual street corner with a fedora – explained that these signals popped up before, at delightful price points such as $76,000 during the “tariff fears” (a phrase that makes economists clutch their pearls), around $49,000 during the enigmatic yen carry trade unwind (because what’s a trade that carries yen?), and somewhere in the $16,000-$18,000 zone just after the FTX collapse, when everyone collectively said “That went well.”

Our current apparition is supposedly even juicier, because the MACD cross happened deep in negative territory on the 1D timeframe. Historical data (or maybe a very enthusiastic spreadsheet) suggests this is an ultra-rare condition known for ushering in 30-40% price surges – possibly towards the mythical $140,000-$150,000 range, where Bitcoin might finally buy itself a spaceship or at least a modest yacht.

The burning question now: how does Bitcoin reach these dizzy heights? Two hypotheses:

  1. Bitcoin has already said “I’m done bottoming,” did its little reversal dance from $107,000, and now it’s just politely going up.
  2. Or, just like your favorite soap opera plot twist, it will get rejected near $120,000, dive down to sweep some monthly lows like a fond but firm toddler tidying their toys, and then – in a moment of bullish divergence on the RSI – rocket up to $140,000.

This potential shakeout is an old trick, the investor equivalent of poking a bear just to see what happens – frustrating traders desperately hunting for that “perfect” correction like it’s some rare Pokémon card.

Meanwhile, all eyes are on the upcoming FOMC meeting and Federal Reserve Chair Jerome Powell’s grand performance. Will he be the hero or the villain in this Bitcoin soap opera? No one knows, but popcorn is already on hand. 🍿

As for bearish doom-sayers on social media who insist liquidity means “down we go,” Mr. Wall Street confidently waved them away, claiming a $50,000 upward sprint would flush out more shorts than a poorly planned pie-eating contest.

And when pesky macro skeptics mutter about global economic gloom, they conveniently overlook that Bitcoin somehow doubled from $16,000 to $32,000 in a single quarter back in early 2023 while everyone else was busy being gloomy. It’s like the financial equivalent of a caffeinated squirrel.

For now, the brave souls who bought in around $107,000-$108,000 are holding their positions with the stubbornness of a cat refusing a bath. Some are even ready to double down should a short-term hiccup appear – which ironically might just fuel a manic short squeeze, pushing Bitcoin’s price to the moon faster than you can say “to the mattress!”

History, that cheeky storyteller, suggests that current bearish grumbles might flip to euphoric frenzy faster than you can refresh your charts – potentially setting the scene for a classic cycle top.

“Soon enough, the same people who are currently hankering for a correction will be chasing the next leg up – right at the very zenith. And that’s exactly when I’ll be offloading my bags faster than a tourist spotting a restroom sign.”

BTC Bull Run Isn’t Over – Yet

Sean Dawson, head honcho of research at on-chain options platform Derive.xyz (which sounds like a wizarding school for financial nerds), gave a cheerful update to CryptoPotato, reassuring us that “the bull run’s not over” and “Q4’s just getting started.”

“Sure, there’s been rampant speculation that we’re peaking, but nah. Expect rollercoaster rides and some short-term pain, especially in September – the crypto world’s equivalent of a hangover month.”

“Historically, BTC slips about 2.9% in September thanks to the usual end-of-US-financial-year chaos. We’re already picking up hints of this in the data, so buckle up.”

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2025-09-15 16:34