6.28 Precise Market Analysis
Good morning, it's the weekend again.
This week we witnessed a calming of the situation between Israel and Palestine,
Frequent dovish remarks from within the Federal Reserve,
Trump considering a shadow chairman for the Federal Reserve,
Guotai Junan Hong Kong becoming the first "licensed cryptocurrency trading" Chinese brokerage,
Triggering a frenzy of capital speculation.
A few months ago, we analyzed Trump's strategy:
Using the tariff trade war to suppress BTC prices,
Allowing family forces to accumulate at low levels (80-90k USD).
But when it dropped, some people still chose to cut their losses.
Yesterday, U.S. Treasury Secretary Becerra stated,
The U.S. is nearing the completion of many trade agreements.
Becerra said Washington hopes to finish trade negotiations with a dozen countries before early September.
Currently, U.S. stocks have moved from the brink of a bear market to new highs,
The S&P 500 index has rebounded significantly by 23% in 89 days.
The new highs in U.S. stocks are about to transmit to BTC!
On-chain data shows that BTC continues to flow out of exchanges.
Yesterday, 10,000 BTC flowed out of Coinbase,
Worth 1 billion USD.
The big moves should be coming soon, make sure to hold steady and don’t sell out.
Next week, BTC should be able to break through the $110,000 mark.
Now is not a good time for swing trading, it is recommended to primarily hold BTC.
One person's joy is not as good as the joy of many; if you reach out, I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
