CRITICAL SUPPORT FOR $BTC.
THE SPRINGBOARD OF EVERY BULL MARKET.
One diagonal trendline. 9 years old. Every touch launched a new bull run:
2017 touch: +1,024%.
2019 touch: +359%.
2020 touch: +1,223%.
2023 touch: +720%.
Bitcoin is sitting on that exact line right now.
The 5th touch.
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🚨 BANK OF AMERICA IS TELLING INVESTORS TO GET OUT OF THE MARKET.
70% of its bear market signals are now triggered while fund managers are the most overloaded into stocks in 4 years.
Cash levels have collapsed into BofA’s official sell signal zone.
$BTC has respected ONE line for 9 years.
2017 → touched, +1300%.
2018-19 → touched, +1900%.
2020 → touched, +1900%.
2022 → touched, +700%.
2026 → touching now.
The line has never broken...
🇺🇸 PRESIDENT TRUMP SAID THE US WILL BE THE "WORLD CAPITAL OF CRYPTO.''
Crypto since Trump took office:
$BTC: -44%
$ETH: -49%
$XRP: -68%
$SOL: -77%
$DOGE: -79%
$AVAX: -82%
$ADA: -85%
$SUI: -86%
$ENA: -92%
$APT: -93%
$TRUMP: -97.7%
$MELANIA: -99.5%
🩸 WARNING: $BTC just printed the BIGGEST Short-Term Holder capitulation in its entire history.
The realized loss ratio just hit a new ALL-TIME LOW.
Deeper than COVID.
Deeper than the May 2021 crash.
Deeper than FTX.
Deeper than the tariff lows.
BIG WARNING🚨
Michael Burry says he knows people see him as “the boy who cried wolf.”
But he says he correctly predicted the 2000 Dot Com crash, the 2008 housing crash, the meme stock collapse in 2021, and the bank crisis in 2023.
Now he says he believes another major market crash is coming.
🚨BIG WARNING: BOJ AGGRESSIVE YEN INTERVENTION HAS STARTED
And this is something markets haven't seen in years.
In the last 3 trading days, USD/JPY has dumped to the exact 155.7 level.
This is not a coincidence.
So what's actually happening?
After USD/JPY jumped above 160 last week, the calls for "Yen Intervention" started.
The very next day, USDJPY dumped over 4%.
Over the next 2 trading days, USDJPY tried to recover but dumped again.
This is a sign that the BOJ is actively intervening in the currency market.
But why is this bad?
First of all, BOJ intervention makes the yen stronger, which has historically been bad for risk-on assets due to Yen Carry Trade Unwind.
This is only one part.
Another reason this is concerning is due to movement in the US bond market.
Today, US 2Y, 5Y, and 30Y bond yields showed abnormal volatility.
Initially it looked like a glitch, but that wasn't the case.
This means someone dumped a large amount of T-bills, which pushed the bond yields.
But who could that be?
Well, this looks like Japan may be behind this.
First of all, Japan has a lot of T-bills.
Additionally, the BOJ typically sells US T-bills to fund large-scale interventions, similar to what we are seeing today.
What could happen next?
Usually "Yen Carry Trade Unwind" takes some time to happen.
Looking at the past history, this could take 2-3 weeks, which means a dump in May is highly likely.
And this time it won't be limited to crypto only.
From crypto to stocks to bonds, everything will go down together.
@JamesWynnReal He gets attention and many times pumps in his own positions for silly comments like this. Same with other prolific traders. The so called KOL’s.