The local maximum was set at 99888, now the price of Bitcoin is around 99600.

Market capitalization is above 3 trillion, but we are waiting for final confirmation.

S&P 500 is in the positive, but is currently going down, the dollar index is slightly below 100.

Markets are waiting for the announcement of a trade deal between the USA and the UK. If it really happens, and the terms of this deal do not disappoint the markets - it will be a reason for further growth.

If it disappoints - then we will see profit-taking, since from the bottom of early April, stock indices have been performing quite well.

Following yesterday's Fed meeting, Trump stated the following:

«Too late — Jerome Powell is a fool…, who has no idea. But otherwise, I really like him! Oil and energy have fallen, almost all expenses decreased, inflation is practically non-existent, tariffs are flowing into the USA."

It seems this is his only mechanism of influence on the head of the Fed).

Meanwhile, China is really starting to stimulate its economy. They lowered the reverse REPO rate and allowed investment in stocks using money from long-term insurance funds.

This is an influx of liquidity and market growth. A response to tariff wars and the possibility of not accepting the terms of the USA, but pushing through their own.

Bitcoin's dominance index is at a 4-year high. This was also seen in the winter of 2020-2021. Everyone remembers what happened to altcoins afterwards?

TOTAL-3 (market capitalization without Bitcoin and Ether) grew more than 4 times from January 2021 to May 2021.

Everything is going according to plan - Bitcoin is expected to return above 100K, and Ether above 2K within a couple of weeks, as mentioned in early May.

It was mentioned that the market has only one way, even when Bitcoin was below 80K. It was also said that those waiting for lower will end up with nothing. Check it out).

More and more people understand that fiat is a pyramid, and Bitcoin is the way out into real money.

So everything is going according to plan.

#bitcoin $BTC
«TAKEN FROM THE MAIN CHANNEL ON CRYPTO»