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BZ1!Brent rose 6% this week as renewed attacks on Saudi energy infrastructure and shipping raised supply risks. Russian diesel is heading to the U.S. and Germany has offered strategic stocks for sale, but high freight costs and ship-to-ship transfers are keeping delivered fuel expensive.
BZ is dangerously close to our 120 level. A break above it unleashes the Kraken. Trump has his eye on CL1!, but it trades more than $10/barrel below Brent. Either he pulls off some kind of TACO in the next two weeks, or we see some of the biggest spikes in oil futures prices.
XAGUSD
XAUUSD slid further this week, in line with our expectation that it will eventually trade below its July low.
BTC1! MSTR
Ponzi scammers always cherry-pick the window that flatters them, then call it proof. If you want to compare BTC with QQQ or SPY, include the growth those companies delivered before they went public. Their total value creation would dwarf both BTC and MSTR.
People keep giving me advice.
BTC1!
No, it doesn't. If inflation prints in the double digits, BTC will plunge back to 30K-40K in a swoon.
AI is great, but it does not protect you against inflation.
Bitcoin does.
BTC1!
Classic Ponzi behavior: raise the promised payout, squeeze every last penny out of investors, and keep the machine alive.
This chart shows STRC's yield since launch. It now stands at 14%. Let's see how long you @saylor can keep this game going.
Stretch your income. $STRC
Chart: Binance BTCUSDT perpetual · Asset Tag: CME Bitcoin futures (BTC1!).
Bitcoin Weekly Analysis
Bitcoin jumped +7% this week and reclaimed the 200-week moving average, a positive sign after briefly falling below it.
Bullish factors:
- Reclaimed the 200-week MA
- Bullish RSI divergence is forming
- US economy remains strong
- ISM near 54 (4-year high) + Russell 2000 at all-time highs
- Lower geopolitical risk as US-Iran peace talks progressBearish factors:
- 4 year cycle suggests new low in Q4
- Still below the 20-week and 50-week MAs
- Weekly Death Cross is still activeKey Levels to watch:
Support: $58K
Resistance: $67K and $83KBottom Line:
Bitcoin is showing early signs of recovery, but it still needs to break above $67K to confirm a stronger trend reversal.
