Attempts to consolidate above 115K have been made, but so far have not led to success.
The external background is cautiously neutral. Stock indices are currently up, but have declined amid Trump's latest statements. Today he once again threatened India with significant sanctions for purchasing Russian oil, promised a 35% tariff for the EU if they do not fulfill their investment commitments to the U.S., stated that labor market data had been falsified, and that Powell is a brake.
At the same time, he stated that NATO country leaders do everything he wants, Trump.
Recently, his actions and statements have often been contradictory and illogical. And they clearly do not lead to the goals he declares.
I assume that he is either going crazy or trying to play hardball to instill fear and push for concessions. I considered the second option more likely.
But it seems that the first option is emerging here - he has what Biden had. The shiffer is slowly smoldering).
Recently, an article on this was published in The Guardian. It notes that Trump's behavior and statements raise doubts about his mental abilities.
This version is increasingly resembling the truth. And the more this progresses for him, the higher the volatility in the markets will be.
He certainly won't be allowed to press the nuclear button or declare war on China. But stating such intentions on social media - why not? So it definitely won't be boring.
Nonetheless, the markets are looking to the future with optimism - the rapid generation of money is inevitable, which will ensure strong asset growth now, and the reckoning for this will come later.
The scheme suits everyone.
In the crypto market, the picture remains the same - major players are buying Bitcoin, striving to replicate Saylor's success; even some Japanese chain of nail salons (!) announced plans to issue bonds and use the raised funds to buy 21K BTC.
CZ forecasts that countries will soon join the race for Bitcoin, buying Bitcoin for their reserves.
I would add that many countries will do this at the expense of fiat generation. It's just too tempting to buy the best investment asset for paper or numbers in an account. Moreover, I believe that these processes are already underway.
Another point - more and more companies are buying Ethereum for their balance sheets. Expectations are for the same effect on stocks as with Bitcoin, but with much greater growth potential, and also the opportunity to earn income from staking.
The forecast for Bitcoin remains unchanged. The range has a lower boundary of 112000-111500 and an upper boundary of 115000-116000.
An alternative option is consolidation above 115K. Upon working out the alternative option (which will happen sooner or later) - we will see good growth in altcoins.
