I don't know if they will allow it or not, but as I wrote earlier, I am still expecting Bitcoin to reach 70K. Against the backdrop of Trump's trade war, all risky assets are falling, not just crypto. The only safe haven is U.S. government bonds, but we didn't come here for a 5% annual return in currency )))). Also, Trump's team is cutting fiscal spending, which has supported their economy for the last few years. All these tariffs, combined with spending cuts, should lead to a reduction in the budget deficit and a drop in corporate profits!!! A drop in profits = a drop in stocks, and somehow I don't believe we will stand against the S&P.

I've heard this morning about the gap that needs to be closed ))), yes, they do close quite often, but it's definitely not a panacea. Just so you know 👇

21,000 - 20,000 gap

11,000 gap

9,000 gap

So the gap doesn't bother me, but the level at 70-72 does worry me quite a bit. We broke 70K as a reference level and should have tested it as support already, but it didn't happen immediately. Perhaps the time has come.