JBrenc retweeted
yeah so basically trump got cocky after succeeding with venezuela and had a hot hand and decided to double down and strike iran in february thinking they could take over the country in a couple of weeks despite everyone telling him it was a bad idea and would drag on
nothing really happened and then Iran learned that they can actually close the strait of hormuz and were unsure if it would even work but now its become obvious they can do it and feel empowered. the iranians have a longer history as a culture and are slow walking trump as much as possible as they know that higher oil prices are going to ruin his odds in the midterms and weaken him
not only that but now higher energy prices are putting upward pressure on inflation and bond yields which has made the job of his new fed chair warsh who came in under a premise of potential rate cute but because of the iran war were entering a rate hiking cycle
the only person in the room who was trying to juggle all of this was scott bessent but after trying to juggle everything for so long he decided he was going to try and fight the bond vigilantes to lower bond yields and declared himself as the house. but he showed up to the bond fight with hardly any ammunition and now the bond market is calling his bluff and now the bond auctions are going terrible and he looks like a fool now
so now bond yields are surging export bans on diesel are being put in place as an act of desparation midterms are a total write off and the trump admin is about to spend the next two years probably fighting impeachment hearings while things continue to detoriorate and the funny thing about all of this is he won the presidency off the idea of no more foreign wars but its his own foreign war with iran that started this whole mess and now the free market is testing them all
Now we have some expansion away from entry! Would have expected a reversal by now after such a large liquidation event, if larger players were looking to get short here. Decent chance the low is in. Holding my longs. bitcoin:native
JBrenc retweeted
🚨 NEW: The Governor of the Falkland Islands has lit up his house in England colours ahead of tonight's match against Argentina
JBrenc retweeted
Brit here, yes. Do this.
100.00% after talking to MPs, this is the only thing that will work. They don't think this will happen, and have banked on it.
Call their bluff.
Close all local UK operations, so that no employees or corporate officers can be arrested.
Refuse to comply, and dare them to geoblock. Without Google and Apple, the UK economy would probably collapse. It isn't so much that those services are crucial (although they are), it's that Britain is already on the fiscal brink and all it would really take is a little push.
I'm sure blocking the Internet would go over really well with the British people, too.
JBrenc retweeted
I put serious time and effort into researching and writing these posts, but my impressions are consistently under 10K, which has been quite frustrating. I would appreciate you can “repost” or “quote” my post, your support means a lot to me… 🙏
JBrenc retweeted
2 British nationals hey @BBCNews 👀 Because we are a multi-cultured country, of all cultures 🙄.
Please share with us from which culture, ethnicity and religious background they come from? We native Brits are intrigued!
JBrenc retweeted
Its been a long time. A lot has happened. We will tell our story soon.
Be patient, we missed you.
This post was money ey!
The good news if this version of the count is correct is we have started a new macro leg to the upside, the bad news is as per the other charts in my feed, it’s likely nearing the end of the first full leg (1st wave to the upside)
Cont….
Here's my current sentiment on $BTC, looks like longer term buying opportunities are here. All notes on the chart, labelled up so I'm hoping its easy to follow the thought process.
I am of the opinion that it’s likely we have topped for the short term, maybe we have a push to 120k before. I am personally waiting for a drop down to 55-60k, this will likely be grindy and horrible to participate in. My aim is to catch a possible monster rally later in the year
JBrenc retweeted
The US Government is about to put a 200,000 #Bitcoin yearly buy order into the market.
Valued at $14bn per annum or $57.4m of daily purchasing.
Add this to MSTR’s daily purchase of $20.4m a day.
And you have a combined daily “floor” - buy at any level - price of $77.8m per trading day.
Which is a “floor” price of $172,889 per mined #Bitcoin.
What happens to the long tail on a truly FINITE $75,000 asset when the world knows just TWO players from one country will guarantee you a price of $173,000 for a year - for 5 years?
And the next halving? The floor rises to $346,000 per coin.
WE HAVE NOT EVEN BEGUN YET.
It looks as if the expanding triangle was not a hoax! Should be seeing 100k in the next few months…if not weeks! Exciting times ahead.
EW $BTC update! Fair to say I got a bit over eager last month calling for a breakout to ATH's. However the last month has given some clear price action which allows us to narrow down the EW scenarios. Macro still unchanged. ATH's this year, short term there's a few options.
JBrenc retweeted
I've just posted "This Week in Macro"... a video going over recent Macro Data Releases, and how I interpret them moving forward.
I hope those of you who watch, find value in it.
youtu.be/i98mrB6v0v8
