๐ฎโ๐จ๐ฎโ๐จ๐ฎโ๐จ market still in hard mode imo:
just incredibly tricky spot here and should show his hand soon:
1. BTC just incredibly strong compared to almost any other asset currently and we are holding this tight range after a massive breakout but that being said we also failed to send higher now on multiple attempts
vs
2. Oil is at 110 bucks, almost all middle east routes have massive issues (much worse than before), ai heads want to slow down, we have a looming ratehike and market is pricing another 3 more hikes on top until end 2027? i think and stonks still have not dropped a beat
So my current assessment is that BTC has extremely strong bid here and wants higher / decouple vs BTC wont be able to escape gravity of stonks
pick your poison i guess
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