Mike
5.3K posts


@Jake__Wujastyk We need a good flush down to 52-54k then resume back up
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#Bitcoin futures as of Friday's close.
True breakdown or massive fake out before meaningful weekend news to stop everyone out?
$BTCUSD

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@BeingJWood Why do you think they are so desperate to fund ICE? They will place agents at every possible strategic polling site to seize the ballots in the name of “security”.
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@AshCrypto The only question is how many have been unwinding since the 2024 event. I will bet there is a lot less money in that carry trade.
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🚨READ THIS TILL THE END
USD/JPY has just crossed a Danger Level.
Today, USDJPY pumped above 160 for the first time since July 2024.
This does look like a nothing burger until you remember what happened last time.
In July 2024, USDJPY crossed 160.
Bank of Japan intervened by selling dollars and buying Yen.
This made Yen stronger and caused Yen Carry Trade unwind.
For those who don't know, Japan has been a cheap source of funding for global investors due to low yield.
This started to change in 2024 when BOJ did first rate hike.
When a rate hike happens, Yen usually gets stronger which causes investors to pay more on their debt.
And that's exactly what happened in July 2024 when yen strengthened after BOJ intervention.
In 3-4 weeks, USDJPY dropped almost 13%, which forced investors to sell their assets.
During this timeframe, Bitcoin crashed almost 30% while S&P 500 dumped 10%.
Now if BOJ intervenes again, a similar story could repeat.
Pray for Crypto.


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@Sassafrass_84 Ummmmm Zelensky’s country was invaded by a foreign oppressor the U.S. is booming a country on the other side of the world. MAGA never lets facts get in the way.
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@ULTRA_MAJESTY Tremendous fumble. Historic. Frankly, some might say he invented the fumble.
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@ULTRA_MAJESTY Trump is the king of making a problem then claiming victory for fixing the problem he created.
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Predictions:
Iran will lose war, U.S. will declare victory.
Oil will drop to around $60/barrel.
The Dow will surpass 50,000.
The S&P 500 will surpass 7,500.
Interest rates will be cut 3-4 times.
The 10 year interest rate will fall.
Unemployment will drop below 4%.
Republicans will win mid terms.
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@EricLDaugh Article 5 has been invoked once and it was by us. NATO showed up and fought and guess what. that time was for made up reasons as well
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🚨 HOLY CRAP. President Trump just said America no longer has to be there for NATO
"We WOULD have always been there for them, but now, based on their actions? I guess we don't have to be, do we?!"
"I think a tremendous mistake was when NATO just wasn't there. They just weren't there. It's going to make a lot of money for the United States, because we spent hundreds of billions of dollars a year on NATO, hundreds, protecting them."
Trump NEVER FORGETS.
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@EastEndJoe That is good for stable coin adoption! A.I. agents won’t pay with cash they will use crypto!
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@ImBreckWorsham I’m sorry but are you saying he made you trust him before his first term or before his second term? Because being duped the first time is excusable but falling for the BS a second time is almost willful ignorance.
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I'm a woman. I'm accustomed to men lying to me, which is why I remain single.
I'm a journalist who's covered politics professionally since 2008. I'm accustomed to politicians lying to me. That's just what they do.
I don't trust people. Which is why I don't associate with many of them.
But Trump snuck right in under my radar, man. He made me trust him. I BELIEVED him when he said he was different.
Never again.
Never, NEVER again.
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It happened yesterday. IYKYK
Just got off another phone call.
Full details coming Monday.
Craig@CraigT2333
@Dennis_Porter_ Where’s the news?
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My question is who the hell is surprised by all this? He causes so many unforced errors then blames everyone/everything else but himself. He is a self serving malignant narcissist and always has been. I don’t understand how people keep believing the shit that spews out of his mouth. He is a moronic wanna be tough guy beta male.
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@Dennis_Porter_ Is this the big announcement!?!?!? They are bringing back School House Rocks?!?!? That is awesome! I kid I kid.
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@Red_Rock_Auto @FurkanGozukara You do realize the straight was open and no toll was imposed 4 weeks ago right? What a fucking joke of an administration. The sad part is when it’s all said and done Trump will have presidential immunity but his cabinet won’t.
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