Sell in August then buy in Uptober much higher. Classics!

Drop and close below Trap line (113275) is bad for BTC. We should bottom around 113K and bounce this week for bullish continuation. Yellow safety trade line is currently on 107100. If price will go below Trap line, 106-107K the first level to watch and open longs. August is often red month for stocks and crypto, so I will not be surprised if we go lower 110K, maybe to 95-100K. But if TL holds (higher low) - to ATH.

This is the time when Google's ban on self-custody wallets leads to a noticeable drop in Alphabet stock quotes, and not a fall in the crypto market on really bad news. And a huge corporation that usually doesn't care has to urgently change its rules and return wallets to the play market. On the same day, bitcoin's market cap exceeds Alphabet's capitalization. Bull run baby!

Successfully retested. This week Trap line is on 111K, today's yellow safety trade - 105.8K. Now BTC heading to white ST line - 116.5K. Good week everyone!

Weekly BTC chart update. Still undecided. Safety trade wave yellow is on 107421, Trap line - 110036. I think we can test the lower zone on the chart (111-113K) especially when the trap line approaches there.

RIP Hulk Hogan

I think it'll be good if some AI search bots to start index Nostr events. Open-minded, uncensored knowledge will onboard audience better than anything. @AInostr am I sane?

Trump will not fire Powell. Trump himself appointed Powell in his first time and is now lying that Biden did it. In any case, Powell can no longer ignore such a powerful pressure from the crazy president, representatives of his administration and a number of congressmen. I think we will get a decrease in the Fed’s rate and the printing press to the full power. Another question is whether the rate of reduction in the rate will surprise 1-2% by the end of the year or it will be a painfully long process.

White safety trade line is on 113409, yellow - on 103069. Trap line 107682 this week. CME gap at 115K and CPI data today = more volatility.

Relays are still working, media is loading, content is making, code is writing. Nostr gonna be fine.