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🚨 The U.S. just announced that its naval blockade of Iran starts tomorrow at 10 am Eastern Time.
OIL futures open in 1 hour!
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$BTC
A textbook short setup would be a scam pump to the CME close/drop-off point at $73,000, followed by a dump to $67,000.
Watching those levels closely.
BTC-3,4%
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The previous range for $BTC lasted 70 days, while the current range is now in day 66.
If history repeats itself, we may see a breakout in the coming week.
BTC-3,4%
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🚨 Oil-linked futures surge to $106 per barrel following Trump’s statement.
Oil markets open in 144 minutes.
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$BTC has local support at $70,500. If we break this level, I expect a quick move down.
I’m targeting $66,900 in the coming days.
BTC-3,4%
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🚨 U.S.-Iran talks meant to reopen the Strait of Hormuz have failed and will result in the strait being tighter than ever.
Be ready for a very bearish week for risk-on assets.
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$OIL futures open in 7 hours!
It looks very likely we will open above $100 once again.
High oil prices = bearish for almost everything else.
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$BTC was approaching $74,000 last night but retraced significantly in the last few hours as US-Iran talks failed and President Trump announced a “blockade” of the Strait of Hormuz.
It looks very likely we will close the CME gap at $66,900 this week.
BTC-3,4%
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🇺🇸 President Trump threatens 50% tariff on China if it helps Iran military.
Be ready for another very volatile week.
As bullish as things looked last week, sentiment can flip bearish very quickly.
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Trump, please post this!
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🇺🇸🇮🇷 US–Iran negotiations are set for tomorrow following the recent ceasefire agreement.
Expect elevated volatility.
This won’t be a quiet weekend.
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Just imagine this turns out to be a double bottom for $BTC and that the bottom is already in.
It would surprise me, but I would certainly welcome it.
BTC-3,4%
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$BTC
History doesn't repeat, but it often rhymes
BTC-3,4%
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GateUser-500a517a:
What is the current market situation? Small BTC coins are falling.
US CPI came in at 3.3% vs 3.3% expected.
As expected which is already priced in.
$BTC likely going higher.
BTC-3,4%
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European defense stocks are selling off sharply on speculation around a potential Ukraine–Russia deal.
$RHM -5% and $CSG -10%.
Markets are increasingly pricing in the possibility of de-escalation.
A ceasefire between Ukraine–Russia, and potentially easing tensions between the US–Iran, would be a significant bullish catalyst for risk assets.
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The 2 scenarios I’m currently watching for $BTC:
Either the top is already in, or we see one more push toward $75,000 before a move lower.
Which scenario plays out will largely depend on the upcoming CPI data.
BTC-3,4%
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$BTC
CPI data in 2 hours.
The last 3 CPI reports led to a move higher.
BTC-3,4%
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Most people underestimate the effect of compound interest.
If you start investing $300 a month in an ETF with an 9% annual return at age 18, and continue for 40 years, how much money would you have by 58?
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Bittensor $TAO crashes -27% as Covenant AI exits.
The project’s biggest success story just dumped 37k $TAO ($10M+) and called out the founder for running a "decentralized theatre" lie.
TAO-5,65%
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I’m not turning bullish here. Most people are becoming bullish right now, which actually makes me more bearish.
If most people expect the market to go up, it will likely dump soon.
The bottom is not in yet, don’t get tricked.
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