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#GateSquareAprilPostingChallenge 🔥 Bitcoin Situation
Bitcoin at $70,000. The third week started with a -4.5% drop in oil following the statement: "The US and Iran are considering a ceasefire plan — it could take effect as early as today, reports Reuters." Correspondingly, BTC, SP500, and XAU rose.
I mentioned this in a video; if you're interested, here’s a short clip specifically about this manipulation. Furthermore, I wouldn’t be surprised if there’s a decline in the second half of the week. Trump promised to start bombing on Tuesday, and on Friday, the first inflation data since the war will be released, which is expected to increase. Both news items are negative.
For three consecutive weeks, we’ve seen a rise at the beginning of the week on expectations of the war ending, followed by a (drop) toward the end of the week and escalation at the end.
Overall, the sideways trend continues...