-$1.15 trillion added to the US stock market today.
-Trump says the US will take Iran's Kharg Island and "assume total control of their Oil and Gas Markets." Kharg Island handles 90% of Iran's oil export.
-Iran threatens to "explode" markets and energy infrastructure.
-United States officially becomes the world's largest oil exporter, surpassing Saudi Arabia.
-India's Retail Inflation Rose to 3.93% in may from 3.48% in April.. But came in below Expectations of 4.02%
This above 5 year BTC chart is clearly giving signs on what we might expect..
-BTC Right now is under pressure because it has broken down from the ascending triangle pattern and is back at $61,000 zone.
-Guys don't panic because, Bitcoin is doing just what it's supposed to do.. This crashing might demotivate you but this crash is necessary for Bitcoin to push higher..
-The crash isn't over!! according to me, I'm expecting Bitcoin to bottom out somewhere in the middle of October, if history plays out..
-I'm predicting bitcoin to touch around $38,000 - $42,000 zone. So those who are waiting for perfect entries can accumulate in this zone..
-U.S. government Bitcoin holdings are down almost 50% to $20.8B from a $40.7B peak in October.
-House Republicans have introduced seven Bitcoin and crypto tax bills for hearings next week. The proposals aim to establish clearer tax treatment for stablecoins, staking rewards, & Bitcoin mining.
-$1.75 trillion wiped out from the US stock market today. $130,000,000,000 wiped out from the crypto market cap.
-BHUTAN govt moves $45M in bitcoin..
-Claude maker Anthropic is calling for a global pause in AI development, warning that models are approaching the ability to self-improve without human intervention.
As Expected BTC Dumping Hard, triggering mass liquidations across the market and will continue to do so.
-Under 1 week candle, it looks pretty obvious that BTC is still struggling and $50,000 zone is the target.
-BTC touched $61,300 & is now trading around $62,400. The downside pressure is still intense.
-If BTC breaks down below $60k level then the next predictable zone is around $50k.. If its also breached then the next leg down will be around 38k - $40k...