Blimey! Bitcoin Bounces Back Like Teddy After a Tumble!

Bitcoin Bonanza!

Right so I was having a nice cup of tea you see with Teddy when suddenly the telly started squawking about… Bitcoins! Apparently these digital whatsits have gone bonkers! Up to $100,000 they say! More than I've ever seen in my piggy bank that’s for sure. It all started when that Trump fellow the one with the… *interesting* hair made a deal with those blokes in the UK. 'Like Christmas!' he probably declared adjusting his tie.

Bouncebackability!

Someone called Antoni Trenchev – sounds a bit like a sneeze doesn't it? – said Bitcoin has ‘bouncebackability’. Reminds me of when I tried to teach Teddy to bounce on the trampoline. Didn't go well. Anyway this Trenchev chap reckons Bitcoin is doing well because everyone is a bit muddled about what's going on. Seems a bit like my average Tuesday really.

Trump's Trade Tango!

So Trump’s been talking about tariffs again. Tariffs! Sounds like something you’d use to sweep the chimney doesn't it? Apparently these tariffs are making people nervous about America which is making Bitcoin go all… *whoosh*! It's all rather complicated a bit like trying to assemble flat pack furniture with only a toothbrush. But that Trump man likes Bitcoin apparently. Good for him!

The Ether Escapade!

Not just Bitcoin mind you. Some other funny named things like Ether and Dogecoin are going up too! Ether sounds like something you’d use to… well I don’t know what you’d use it for actually. And Dogecoin? Does that mean dogs are getting rich? I hope Teddy gets some. He deserves it after that incident with the custard cream.

Gold vs. Digital Gold!

They say gold is usually the safe thing like keeping your money under your mattress. But Bitcoin is doing better! Up 16% since April! That's more than I get for selling my old Christmas cards (again). But this is not over and it has to reach around $109,350 before it is considered safe… Hmmm

A Formidable Feat!

So there you have it. Bitcoin back from the brink like me after trying to cook a Christmas turkey in my hat. This is good news because the alternative is to sell one's house for just $74,000 or so. This is a formidable feat I must say. Quite frankly It's a bit like winning the lottery! But as always I'll stick to tea and biscuits. Much safer and Teddy approves.