Bull Case
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Disclaimer: This is not financial advice. Content here is for informational purposes only, always DYOR before making decisions.
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BTC 90k
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Citi's Chief Economist: I don't believe Trump will fire Fed’s Chief Powell. This rubicon will not be crossed.
Today the average number of bulls has dropped to its lowest level since October 2022, while the average number of bears has reached its highest level since that same month
Citigroup's Chief Economist: risk of massive sales of US Treasuries by foreign governments is low since they would also suffer losses
🚨WHITE HOUSE: WE WILL END THE STUDENT DEBT FORGIVENESS PROGRAM APPROVED BY THE BIDEN ADMINISTRATION
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Algo positioning in US stocks is the lowest ever. This is often a 'contrarian' (bullish) signal.
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🚨Trump has just folded on Powell and China. Not going to fire Powell and China tariffs to come down substantially. [This man is a disgraceful negotiator and a joke.]
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5% confirmed to be the line in the sand. Trump's WH comments are the good news to cool down yields. -Bull Case Insider
🚨BTC 93k
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Bull Case pinned «5% confirmed to be the line in the sand. Trump's WH comments are the good news to cool down yields. -Bull Case Insider»
Futures all flying on Trump’s walk back.
Cantor Fitzgerald, Softbank, Tether, Bitfinex teaming up on $3b Bitcoin project -FT
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US VP Vance: We are making progress across the board in trade talks.
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Spot Gold falls below $3300, down 2.52% intraday
Bitcoin has surpassed Alphabet (Google) and risen to fifth place in global asset market value
China Foreign Ministry: US can't say it wants to reach an agreement with China, and on the other hand, keep exerting extreme pressure
BTC $94,231
🚨Don't underestimate stupidity. Trump will read the headlines about "Trump caving in" and fire off again posts about how much China is taking advantage of the US (although for now the yields should shut him up). We will see a lot of whipsaw swings on the way up in the next 6 months. With Trump President, it's more important than ever to stay spot. Don't touch leverage. -BCI
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European stocks extend gains: Germany’s DAX surges 3%, France’s CAC 40 up 2.18%, Euro Stoxx 50 rises 2.43%, Switzerland’s SMI up 2.07%.
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A whale who sold 15,000 ETH yesterday has liquidated all of his 35,754 ETH at an average price of $1,793 in the past 2 hours, converting to 64.128 million USDT.
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The total market value of cryptocurrencies has exceeded US$3 trillion for the first time since March 7
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