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The U.S. State Department has issued an urgent evacuation warning instructing Americans to depart immediately via commercial means from 15 countries across the Middle East, including Iran, Iraq, Syria, Israel, Egypt, Jordan, and Saudi Arabia, citing serious safety risks as U.S. officials warn of a potential major uptick in attacks in the next 24 hours amid ongoing military operations targeting Iranian missile and drone capabilities.
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READ THIS TILL THE END
USD/JPY has just crossed a Danger Level.
Today, USDJPY pumped above 160 for the first time since July 2024.
This does look like a nothing burger until you remember what happened last time.
In July 2024, USDJPY crossed 160.
Bank of Japan intervened by selling dollars and buying Yen.
This made Yen stronger and caused Yen Carry Trade unwind.
For those who don't know, Japan has been a cheap source of funding for global investors due to low yield.
This started to change in 2024 when BOJ did first rate hike.
When a rate hike happens, Yen usually gets stronger which causes investors to pay more on their debt.
And that's exactly what happened in July 2024 when yen strengthened after BOJ intervention.
In 3-4 weeks, USDJPY dropped almost 13%, which forced investors to sell their assets.
During this timeframe, Bitcoin crashed almost 30% while S&P 500 dumped 10%.
Now if BOJ intervenes again, a similar story could repeat.
Pray for Crypto.
USD/JPY has just crossed a Danger Level.
Today, USDJPY pumped above 160 for the first time since July 2024.
This does look like a nothing burger until you remember what happened last time.
In July 2024, USDJPY crossed 160.
Bank of Japan intervened by selling dollars and buying Yen.
This made Yen stronger and caused Yen Carry Trade unwind.
For those who don't know, Japan has been a cheap source of funding for global investors due to low yield.
This started to change in 2024 when BOJ did first rate hike.
When a rate hike happens, Yen usually gets stronger which causes investors to pay more on their debt.
And that's exactly what happened in July 2024 when yen strengthened after BOJ intervention.
In 3-4 weeks, USDJPY dropped almost 13%, which forced investors to sell their assets.
During this timeframe, Bitcoin crashed almost 30% while S&P 500 dumped 10%.
Now if BOJ intervenes again, a similar story could repeat.
Pray for Crypto.
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πππππ pinned Deleted message
If you invested $10,000 when Trump took office, you would have:
$BTC: $6,400
$ETH: $6,100
$XRP: $4,120
$SOL: $3,180
$DOGE: $2,330
$ADA: $2,270
$AVAX: $2,260
$DOT: $1,820
$SUI: $1,770
$ENA: $1,050
$APT: $1,010
$TRUMP: $460
$MELANIA: $100
$BTC: $6,400
$ETH: $6,100
$XRP: $4,120
$SOL: $3,180
$DOGE: $2,330
$ADA: $2,270
$AVAX: $2,260
$DOT: $1,820
$SUI: $1,770
$ENA: $1,050
$APT: $1,010
$TRUMP: $460
$MELANIA: $100
Get ready for a crazy move in Bitcoin.
If BTC closes March in the red, this will be the 6th consecutive red monthly close.
This has only happened once in Bitcoin's history, in the year 2018.
But the crazy part is that the last time this happened, BTC pumped 317% from $3,349 to $13,970 in the next 5 months.
Do you think history will repeat?
If BTC closes March in the red, this will be the 6th consecutive red monthly close.
This has only happened once in Bitcoin's history, in the year 2018.
But the crazy part is that the last time this happened, BTC pumped 317% from $3,349 to $13,970 in the next 5 months.
Do you think history will repeat?
https://wacashgig.com/#/?i=OSDXPXO4
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THIS IS VERY BULLISH
πΊπΈ US ISM Manufacturing PMI just came in at 52.7%, above expectations of 52.5%.
This is the 3rd consecutive monthly print above 52%, which shows that the US economy is in the expansion phase.
Last time ISM PMI had 3 consecutive prints above 52 was in Q3 2020, and here's what happened after that.
- Gold and Silver peaked.
- Stocks rallied hard.
- Alts entered a mega uptrend, which lasted for 6-8 months.
πΊπΈ US ISM Manufacturing PMI just came in at 52.7%, above expectations of 52.5%.
This is the 3rd consecutive monthly print above 52%, which shows that the US economy is in the expansion phase.
Last time ISM PMI had 3 consecutive prints above 52 was in Q3 2020, and here's what happened after that.
- Gold and Silver peaked.
- Stocks rallied hard.
- Alts entered a mega uptrend, which lasted for 6-8 months.
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