BITCOIN WARNING: THE BIGGEST ANTI-CLIMAX IN HISTORY (IT’S NOT OVER) 🚀

Market Summary

The speaker discusses the current market situation, focusing on the aftermath of Trump's inauguration and its potential impact on various markets, including Bitcoin, stocks, and commodities.

Key Points

• Bitcoin: Experienced a 10% increase in a day, reaching a new all-time high before closing back down. The speaker is cautious but bullish, awaiting a breakout above a significant diagonal resistance level.
• Stock Market: The S&P 500 and NASDAQ have seen slight increases, with the Dow Jones closing above the 50% level. However, volume is dropping off, which could be a concern.
• Commodities: The speaker mentions Trump's aim to reduce the cost of living, potentially affecting energies like oil.
• US Dollar: The DXY has been in a strong bull market but saw a significant drop following Trump's inauguration. The speaker is watching for signs of weakness, which could be beneficial for exports.
• Real Estate Cycle: The speaker believes the US is in a winner's curse phase, with house prices expected to peak around 2025-2026.
• Crypto Fear and Greed Index: At extreme greed levels, but the speaker notes that market sentiment is not reaching new highs, which could be a warning sign.
• USDT Dominance: Broke down but then reversed, leaving the market in uncertainty. A significant breakdown could be bullish for Bitcoin and crypto.

Outlook

The speaker remains cautiously bullish on Bitcoin, awaiting a breakout above key resistance levels. They also discuss the importance of watching the USDT dominance chart and the potential for a significant move in the crypto market. The real estate cycle and its potential peak are also highlighted as important to watch in the coming years.