With the american cowardice in full display, we can bet that the chinese are making plans for a Taiwan operation already. Will the americans engage with China for Taiwan when the time comes? Certainly not. It will become the new Ukraine, and get wiped out in the process, because this is how these western puppet masters are handling these situations... they first make a buck selling them armaments, and then leave these smaller allies battling alone, defending themselves from the hungry feral beasts.

If they didn't wanted to make the iranians angry now, in order to not harm the indexes... just imagine TACO Trump being firm with the chinese. Ha!

The system is deliberately structured to serve the interests of the wealthy, enabling them to accumulate even more riches and consolidate their power. It was created by them, is controlled by them, and continues to operate in their favor ensuring that the gap between the powerful elite and the rest of society only grows wider.

Bitcoin fixes this.

Just wanted to share a litlle Innocence from earlier today... ☺️

While all the Mayhem is going on (again) on this Beautiful Planet we're all sharing, atm it seems now like a very "Tiny World" though.😞
Bombs left & right! Everyone has their Opinion about it all... some very "harsh", some very "ignorant", some very "uneducated", some very "thoughtfull", some very "selfish" etc. etc. etc. 😞
Lets not forget, what Example we all leave to the next Generations to come though!

So, coming back to the Innocence... note how one of my Dear Nephews was rocking a Football shirt today...
Oh wait a minute, did Auntie see a ₿ sign there, she must be seeing things again hm !?!😬😄

*It came close in a way nah... 😄 Pretty sure some of you know the actual FootBall Team!😉
Take Care Everyone & Keep in mind what really matters!
₿♾️🧡🍀

Out of technicals, I think there are reasonable chances for the crypto market to go lower, to at least the 90Ks in the case of Bitcoin, before the bulls get another chance.

Why? ... To me, this week after week price action isn't looking so much like one continous uptrend, but more as the choppy, sideways trading affair that follows a local top. So I'm not convinced we're ready to 120K.

Usually in this situation, there's this whipsaw move into one direction (I assume down) before the sudden turn into the opposite way (probably up). This is what breaks the sideways most of the time.

Nowadays, rarely or never we get to see a single support or resistance level holding well after being retested. The price always slips ahead, and finds a strong turning point from nowhere... its very anti technical action, very whipsawish, but also very repeated, so its no longer surprising.

Also, the longs with stop losses just below 100K were spared in the previous dip. And this market often punishes traders relying on psychological numbers.

Question is: Whos got Cohones ehhrr eggs !

The source for the chart measuring egg prices in the USA in Bitcoin or Satoshis (Sats) comes from the Federal Reserve Bank of St. Louis and was published in the FRED Blog (Federal Reserve Economic Data). The relevant blog post, dated June 6, 2022, is titled "Eggs-perimenting with Units of Account: The Price of Eggs in USD vs. Bitcoin".
Details:
The blog post compares egg prices in US dollars (USD) to those in Bitcoin (BTC) or Satoshis (Sats), highlighting Bitcoin’s volatility compared to the USD’s stability. For example, a carton of a dozen Grade A eggs costs about $2.50 USD, equivalent to roughly 7750 Sats (0.00007750 BTC) based on the Bitcoin price at the time.

Purpose: The Federal Reserve aimed to illustrate that the US dollar is a more stable unit of account than Bitcoin. However, some comments (e.g., on X) argue the comparison is skewed due to a short time frame.
• Source Link: The blog post and chart are available on the Federal Reserve Bank of St. Louis website: FRED Blog - Eggs-perimenting with Units of Account.