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The harder things get, the more you have to push forward. That's the only way you can make big money and get rich.
Iran claims oil tankers settled in yuan can pass through the Strait of Hormuz.
Then Trump claims the conditions aren't good enough and he's not prepared to reach an agreement with Iran right now.
This basically means he's not prepared for a ceasefire.
US stocks already adjusted significantly on Friday, so it was an early adjustment.
Currently Nasdaq futures have fallen back near support levels, and the downside movement is limited.
In previous posts we discussed how war drives capital flows, and external forces will cooperate as well.
So even though US stocks fell, they will bounce back.
Coming back to crypto:
Big Bitcoin will close its weekly candle tomorrow morning.
Recently US stocks fell while Bitcoin has been oscillating upward.
Currently all timeframes above the 2-day are showing bullish signals.
The daily is in adjustment mode.
Weekend oscillations are naturally small anyway.
So after a slight adjustment, we expect the trend above the 2-day level to continue.
That's it.
Video analysis in the afternoon.