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- đ BTCâs Bull Flag Tease, Trumpâs Crypto Drama, and Moodyâs Wake-up Call
đ BTCâs Bull Flag Tease, Trumpâs Crypto Drama, and Moodyâs Wake-up Call
Profit-taking at BTCâs highs, US credit rating slips, and a Trump-backed crypto company faces heat from lawmakers. Just another casual day in crypto, right?
Hey DegenDen,
Bitcoin's bull run hit a tiny speed bump as the price chills under $105K, trapped in a classic bull flag pattern.
Meanwhile, Moodyâs downgraded the US credit rating (ouch), and the Trump family crypto project is pushing back against Congress poking around their business.
Grab your popcorn, this rideâs about to get interesting.
đ§ THE JUICE (a.k.a. THE RUNDOWN)
Bitcoinâs Bull Flag Battle: BTC is catching its breath, hovering below the juicy resistance of $105K after a wild run-up from $74K. Analysts say profit-taking is normal, but the bull flag setup hints we might blast even higher soon.
Moodyâs Spanks Uncle Sam: Moodyâs downgraded US debt, highlighting ballooning deficits and debts over $36 trillion. Good thing Bitcoin is deflationary now, eh?
World Liberty Financial vs. Congress: Trump's family-backed crypto project calls Congressional oversight "misuse of regulatory authority," effectively saying, "Chill out, we're busy."
Bitcoin to $250K? Totally Possible: Analyst Scott Melker claims BTC could smash $250K by 2025, thanks to institutional money flooding in. Volatility is dropping, and big-money stability is rising.
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DEGEN DEN MAIN EVENT
Okay, letâs chat, because things just got spicy in crypto-land.
Weâve got Bitcoin showing textbook moves, Uncle Sam getting roasted by Moodyâs, Trump in hot water (again?), and some bullish predictions that'll make your head spin.
Hereâs the lowdown on what you need to know (and a bit of what you probably didnât ask for):
đ "Flags Out for Bitcoin Bulls"
Bitcoin went from snoozing around $74K to nearly smashing $106K, and now itâs hanging out just below this key resistance.

BTC/USDT 1-day chart. Source: TRDR.io
Technical traders are calling this sideways shuffle a "bull flag", which means BTC is basically pausing to catch its breath before (potentially) leaping higher.
Picture Bitcoin right now as a gym bro between sets: pumping iron, flexing in the mirror, ready to go even harder next round.
Analysts say this pause makes sense after such a huge rally. The consolidation means BTC could cool off to $90K first, but as long as support holds steady, itâs game on for new all-time highs.
đž "Uncle Samâs Credit Score Just Got Rugged"
Meanwhile, traditional finance just had a reality-check moment.
Moodyâs downgraded the US governmentâs credit rating from a shiny "Aaa" to a slightly tarnished "Aa1." Ouch.
Apparently, running a $36 trillion debt isn't the path to financial nirvana after allâwho could have guessed?
Moody's called out Americaâs ballooning debt and lack of fiscal discipline. (Shocking.)
What does this mean for crypto? Well, as confidence in fiat takes another hit, Bitcoinâs digital gold narrative gets a boostâbulls are practically licking their chops.
đ© "Trumpâs Crypto Circus Comes to Town"
In the ongoing saga of "things you canât make up," Trumpâs family-backed crypto firm, World Liberty Financial (WLFI), just clapped back at Congress.
Lawmakers are poking around, asking questions about conflicts of interest (ahem, $TRUMP memecoin), but WLFI basically told them, "Look, weâre busy changing the world-leave us alone."
Democrats, especially Senator Blumenthal, arenât having it.
Today, my attorneys responded to a letter addressed to me by Senator Richard Blumenthal. Our response is attached to this post.
America â and the rest of the world â needs solutions like USD1. We will not be intimidated by politicians with an axe to grind: weâre too busy
â Zach Witkoff (@ZachWitkoff)
12:51 AM âą May 16, 2025
Theyâre digging into whether Trumpâs crypto ventures cross ethical lines.
But the Trump crew fired back that regulators are trying to stifle innovation. This dramaâs got more twists than your favorite Netflix seriesâstay tuned, degens.
đ "BTC to $250K? The Wolf Says 'Bet On It'"
Oh, and speaking of drama, how about some wildly bullish price predictions?
Scott Melker, aka "The Wolf of All Streets," casually dropped that Bitcoin hitting $250,000 by 2025 is "totally doable." Yes, seriously.
His reasoning? Bitcoinâs volatility has dropped significantly thanks to the flood of institutional investors entering the market.
Pension funds, ETFs, Wall Street suitsâthey're all piling into BTC, providing stability and fueling long-term growth.
The result? Less wild swings, more rocketship moves. Melker's message: buckle up, bulls.
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THATâS A WRAP, DEGENS!
Bitcoinâs in prime bull flag territory, Moodyâs roasted Uncle Sam, Trumpâs crypto escapades hit Capitol Hill, and analysts are aiming for the moon.
Altseason vibes are brewing too, so keep your eyes peeled and your ledgers ready.
â The DegenDen Team
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