Bitcoin Will Go Insane This Week

“Bitcoin prices are about to go insane this week because after rallying to the top of this range, Bitcoin holders got some bad news. The two week ceasefires, which the market loved, might be coming to an abrupt end. And now we're starting to see traffic on the Strait Of Hermos slow down to a trickle. You could just see the log jams.”

“Trump said The US seized an Iranian flagship in the Gulf Of Oman. This is the first known use of force in the blockade, and this happened after Iran's Islamic Revolutionary Guard Corps attacked two commercial vessels. So now uncertainty hangs over The US Iran talks as the ceasefire deadline looms. We don't know if the ceasefire is gonna hold.”

“Bitcoin would stop at this point right here, this teal line, and Bitcoin would consolidate for a long time. We can measure this. Bitcoin would consolidate for two hundred and thirty seven days. It would be in a range. It would retest this line, retest this level of resistance, and then shoot right past it. What do you know? This level of resistance would come very, very close to support.”

“If all of a sudden the ceasefire is back on and negotiations are happening, Bitcoin's gonna pump, stock market's gonna pump, oil's gonna crash. But if it looks like there is gonna be no talks at a table, there is gonna be no meetings, well, then expect the opposite. Oil's gonna spike, and we're gonna see Bitcoin in the stock market fall.”

“The general structure that we're seeing, very similar to what we're seeing right here. We had an all time high back in 2017, then we would run up in the next bull run. We had a high in 2021, and then we would run up in the next bull run. After this, we would do a couple things. We would test, test, fall below, bounce. And so we're seeing the same structure.”