$BTC
Hello Binancista family
This week one of the most important political and economic movements of the year arrives: the USA is about to reopen its government. After more than 40 days of shutdown (the longest in recent history), it seems that the Senate has finally reached an agreement. This has had real consequences, not just financial: Air traffic controllers could not work → collapse in airports, Many federal offices paralyzed, Economic data unpublished (and this is very important)
Why does this matter for the markets?
Because without data, there is no direction AND when the data reappears, volatility reappears.
What is the Stock Market doing?
The S&P 500 continues trying to break historical highs, touching the upper part of the bullish channel weekly. But be careful with this: Michael Burry (yes, the one from The Big Short) has opened short positions (betting on the decline) in: Nvidia, Palantir AND not small positions, very large positions. When someone who made billions betting against the market in 2008 does something like this, we at least observe it. Semiconductors are up today, yes. But the risk is still on the table. Cryptocurrency markets: key level: Bitcoin has touched $100,000 and bounced, That level is psychological, technical, and structural support.
What can happen now? Scenario Movement Probability
Short bounce towards $115,000–$116,000 High
Break below $100,000 drop towards $94,000 Very high if support is lost, Here is where risk management is everything.
Not guessing Knowing how to act. And gold? marked an all-time high around $4,800 Fell to $3,800 last week And now it is bouncing. But if we see it at $3,500, That could be one of the best buying zones in years. This week can be moved Because now that the government is reopening, macro data returns: • Thursday → CPI (inflation) • Friday → Key economic indicators. If the data comes out worse than expected, volatility may explode. follow me and I will follow you