Will Bitcoin Make Me Rich Already?

by

So, I wake up this morning, and the crypto market is still a thing. And, apparently, it’s growing, because why not? According to CoinStats, because I need someone to tell me what’s going on.

Now, let’s talk about Bitcoin, because that’s what everyone’s talking about. The rate of Bitcoin (BTC) has risen by 6.44% since yesterday. That’s like me getting a 6.44% increase in my patience, which is still at zero.

So, I look at the hourly chart, and I see that the price of Bitcoin is near the formed resistance of $118,839. And I’m thinking, “What’s next? $200,000? $300,000? Can I just pay off my mortgage already?” 🤣

On the longer time frame, the rate of BTC keeps rising after breaking the $112,000 level. Because, of course it does. I mean, who needs a stable market when you can have a rollercoaster? 🎠

Now, if the candle closes around the current prices, traders may witness a test of the $120,000 range soon. And I’ll be over here, witnessing my anxiety levels go through the roof. 😬

From the midterm point of view, bulls are controlling the situation on the market. Because, you know, bears are just too busy hibernating. Until the rate is above the $112,000 mark, there is a high chance of seeing a new all-time high from BTC shortly. Yay, more anxiety! 🎉

And, finally, Bitcoin is trading at $118,196 at press time. Which means I’ll be checking my phone every five seconds to see if I’ve become a millionaire yet. 📊

Read More

2025-07-11 14:18