The one asset Wall Street spent a decade trying to kill just got dissed by the guy who wrote the book on unpredictable events.
Nassim Taleb, author of The Black Swan and one of the most vocal Bitcoin critics in intellectual circles, called Elon Musk’s X Money “much, much smarter than Bitcoin” after Musk announced early public access to the payments service is coming next month.
The crypto bros were not happy. The debate lit up X within hours.
X Money is Musk’s play at turning X into an everything app. Beta rolled out earlier this month. It runs on fiat, backed by a real bank, has a Visa-partnered physical debit card personalized with your X handle, and has zero connection to any cryptocurrency.
Taleb’s argument is private currencies compete with each other. X Money, being issued by a private company with real infrastructure and mainstream reach, fits that framing better than a decentralized asset he has called fragile for years.
He previously argued Bitcoin fails as both a currency and a hedge. His position has not changed. It has just found a new target to contrast against.
The pushback was immediate. Critics pointed out Taleb has been consistently wrong on Bitcoin for years and that X Money is structurally no different from PayPal or Zelle.
And they are not entirely wrong. But noise from critics has never been what moves Bitcoin price. What moves it is institutional flow, macro conditions, and sentiment.
With that in mind, let’s look at the BTC chart.
Bitcoin Price Prediction: Can BTC Break This Resistance Zone?
BTC is sitting at $70,471 on the 2h chart, trading inside a rising wedge that has been compressing since early February, with price currently pressing up against the $72,000 first resistance zone.
The wedge is the key structure to watch here because these patterns typically resolve to the downside, and the chart itself acknowledges that risk with a dotted path showing a potential flush toward $64,000 before any real recovery leg develops.
That $64,000 level has already proven itself as a serious demand zone, getting tested and holding twice within the wedge, and below that sits the $60,000 floor, which is the last major support before the structure fully breaks down.
On the bull case, a clean break and hold above $72,000 opens the ladder toward $80,000, then $84,000, and the full $90,000 target marked on the chart.
But until $72,000 flips to support, the breakdown scenario toward $64,000 remains on the table and cannot be ignored.
Bitcoin Hyper Is Turning Bitcoin From a Store of Value Into Something You Can Actually Use
Bitcoin reacts to every macro headline. Spikes, settles, repeats. Same cycle.
But the real issue with Bitcoin has nothing to do with inflation reports. It is slow. It is limited. And for everyday use, it just does not cut it.
That is exactly what Bitcoin Hyper is building around.
The idea is clear.
Take Bitcoin’s security and trust. Add Solana-level speed and efficiency on top. The result is a version of Bitcoin that actually does things. Faster payments, staking, decentralized apps, BTC that moves instead of just sitting in a wallet.
Not just a store of value. An ecosystem.
That opens the door for real activity on top of Bitcoin. Faster payments, staking opportunities, decentralized apps, and an ecosystem where BTC can actually move instead of sitting idle.
Investors are clearly paying attention to that vision. The Bitcoin Hyper presale has already raised more than $32 million, with $HYPER currently priced at $0.0136751 before the next scheduled price increase.
There is also a strong incentive for early participants. Buyers can stake their tokens and earn rewards of up to 37%, the kind of yield that often attracts early momentum when new projects start gaining traction across the market.
Visit the Official Bitcoin Hyper Website Here
The post Bitcoin Price Prediction: Elon Musk’s X Money Could Beat Bitcoin, Claims Famous Analyst appeared first on Cryptonews.
Credit: Source link
