Mayooo

I bought more $SOFI today!
I’m very bullish on the company long term, and I think it’s undervalued at current levels.

In bear markets, you short after a pump.
Nearly every pump followed by consolidation tends to retrace afterward.
I don’t understand why people are looking for longs right now.
Could this time be different?
Yes, it could, but the probabilities are not in your favor.

Big day tomorrow:
PCE and GDP data are set to be released at 8:30 AM ET.

Tomorrow is Thursday, historically the weakest day for $BTC over the past year.
In the last 10 weeks, 8 out of 10 Thursdays have closed bearish.
Based on that pattern, a move back into the $67,000–$68,000 range looks likely tomorrow.

Most people can’t even imagine Bitcoin above $100,000 anymore.
But it’s only a matter of time before we see $100K again.

🇮🇷 Iran says it will charge tanker transit tolls in Bitcoin, per the Financial Times.
Bitcoin moving higher on this news.

In less than 24 hours, the narrative flipped from “a whole civilization will die tonight” to “the U.S. will work closely with Iran.”

$BTC
Bart, is that you again?

Trump says any country supplying military weapons to Iran will face a 50% tariff.
Almost certain China will deliver weapons to Iran.
Another tarrif escalation is next?
Can Trump please just take a break.

Reminder:
FOMC minutes will be released today at 2 PM ET.

$BTC is still trading within the $60,000–$75,000 range.
Most people turn bullish at the top and bearish at the bottom, but that’s the wrong approach. You should be thinking the opposite.
Until the range is broken, the strategy remains simple: short the highs and long the lows.

🇺🇸🇮🇷 US and Iran agree to 2-week ceasefire, completely reopening Strait of Hormuz.
Big pump last night for $BTC due to this news, but we're still in the range, nothing significant has been gained.
Currently, we're at the $72,000 resistance level.
We still have an open CME gap at $67,000.
It is very likely that we will return to this level in the near term.