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Today, Bitcoin saw a fake breakout followed by a pullback. The pullback was very strong, and the rebound is not strong. Next, we’ll see how the US ETF performs tonight. My analysis is that it won’t go up—there will be another leg down.
The support below is at 771 and 761. Now we just need to see whether it will plunge like a waterfall, or drift lower in a slow downtrend. I’ve always stuck to my view: bearish. As long as it doesn’t hold steady in the 810-850 range, I still expect a bear market.
Yesterday, Trump’s dinner party involved someone bringing a gun. It was all without incident, but there are a few suspicious points. Before the dinner, the spokesperson said there would be gunfire, yet the security was actually so poor that the person could still bring a gun and get in. It’s possible Trump staged it himself, or it could be that the little sister-in-law is threatening Trump—“I can get you anytime.” Of course, the probability that Iran did it is very small.
Just watch the show.
$BTC