Mayooo

$BTC
It looks like we’re approaching a local high. I expect downside over the next few days.
Either we continue lower from here or sweep $70K first.
After that, I expect a move down.

On Wednesday we also get another CPI report.
Quite often the market sells off slightly the day before the CPI release.

Michael Saylor's Strategy purchased 17,994 Bitcoin for $1.28 BILLION
Another HUGE buy

US futures open in 2h 15m.
Because summer time started in the US this weekend, the market opens one hour earlier for us.
I’m watching oil futures, be ready for heavy volatility.

🇺🇸 Trump launched strikes on Iran just as more information about his alleged ties to Epstein started resurfacing.
Do you think this attack could be a distraction from the Epstein case?

🇺🇸 US unemployment rate came in at 4.4% vs 4.3% expected.
The labor market is still weak.

Something interesting: since the Middle East war began, Bitcoin is up about 15% against gold.
In periods of geopolitical conflict, you would normally expect gold to outperform Bitcoin because it’s traditionally seen as a safe-haven asset. But this time, the opposite is happening.
That reversal is really interesting and potentially quite bullish for Bitcoin.

Hey there, my friend! Is that you again?

Green day for both stocks and crypto, fueled by rumors that Iran and the U.S. are in talks about ending the war.
However, the attacks are still ongoing, and I don’t expect everything to suddenly stop tomorrow. Ships are still unable to pass through the Strait of Hormuz, which is already causing significant and potentially lasting damage.
Crypto remains in a bear market. If you think we’ll be back at $100K next month, you’re most likely mistaken.
I still expect to see $60,000 before we see $80,000, and that’s the scenario I’m positioning for.