vGarsel

should grind out this zone for 4-8 weeks more

THREE THOUSAND UNITED STATES NORTHRUP GRUMMAN HELLFIRE MISSILE BACKED DOLLARS FOR ONE ETHEREUM COIN

$BTC - Most ideal sign of strength after expansion is shallow dips being eaten. Currently trying to find new balance after yesterday's local breakout. Front run of the perfect local cVAH ~109.5 retest opens up higher likelihood of strong immediate continuation.

$BTC confirmed a hidden bullish div on the 2D while simultaneously closing above a key high. The structure has shifted. I don't expect BTC to fck around here. It should get going early next week by breaking out of this range. We are technically at resistance and BTC starts closing daily candles below 108, the chances increase of another rotation down toward the range lows. As of right now i think thats unlikely. As part of this ongoing thread of analysis.

Bitcoin CME futures just closed the daily above 109.5K. Spot closing above the level is just a formality now. Breakout loading... Fire up the engines. Clear the runway. Course set for: 160K. 🚀

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Now that the budget bill has passed Congress, we can see what the projections look like for deficits, government debt, and debt service expenses. In brief, the bill is expected to lead to spending of about $7 trillion a year with inflows of about $5 trillion a year, so the debt, which is now about 6x of the money taken in, 100 percent of GDP, and about $230,000 per American family, will rise over ten years to about 7.5x the money taken in, 130 percent of GDP, and $425,000 per family. That will increase interest and principal payments on the debt from about $10 trillion ($1 trillion in interest, $9 trillion in principal) to about $18 trillion (of which $2 trillion is interest payments), which will lead to either a big squeezing out (and cutting off) of spending and/or unimaginable tax increases, or a lot of printing and devaluing of money and pushing interest rates to unattractively low levels. This printing and devaluing is not good for those holding bonds as a storehold of wealth, and what’s bad for bonds and US credit markets is bad for everyone because the US Treasury market is the backbone of all capital markets, which are the backbones of our economic and social conditions. Unless this path is soon rectified to bring the budget deficit from roughly 7% of GDP to about 3% by making adjustments to spending, taxes, and interest rates, big, painful disruptions will likely occur.