Head’s up…this hits as a Red Flag for me:
Yahoo Finance
Oil Notches Fourth Monthly Drop on Glut as WTI Trading Resumes
West Texas Intermediate edged down to settle below $59 a barrel, after earlier gaining as much as 1.7%, to close out the longest streak of monthly ...
 “West Texas Intermediate was near $59 before trading on Nymex froze in the Asian morning. Live trading of commodities futures on the Chicago Mercantile Exchange has halted due to technical issues, according to a notice on the CME Group website. Nymex is part of the CME Group.”
This is a Weekly snapshot of aggregated exchange price/volume. Price and Volume are all that matters in any asset. Note how volume… Until the recent decline. I won’t tell you what to make of this. But this is Bitcoin Signal. image
Volume (bottom bar) is the sign things are changing. (Weekly chart) This whole last year has been just fiat and Retail. image
Bitcoin Cycles are done. Broken. Not to be spoken of again. And that’s fundamental, because it means we cannot continue to speak of Bitcoin as a Deflationary asset. A tiny handful of wonks may continue to circlejerk something new about “longer” Cycles…but. A deflationary asset must chart deflation. And Fiat broke our 4 year chart. image
Sometimes I see something done remarkably well by someone I will never know. And I appreciate that I am human. there is no image here, you need to conjure your own.
The ridiculous elephant in the room problem for anyone who thinks $USD Stablecoins are any kind of future, is simply that you can never have any One. And one $USD Stablecoin. You will always be swimming upstream of a million shitcoin stablecoins, airdrops, nft’s et al et al et alllll…. I mean, USDC broke its peg back in the 2021 bear market…and went begging for funding to get back to stable. Investors back then were complete Idiots, so they supported it, but since the aftermath of that bear market they won’t the next time. There can be only ONE stablecoin. And it must be USD. So choose your winner very carefully, because the rest go to zero, as the US Dollar will eventually. In time.