Fed Governor Christopher Waller finally said it: #Bitcoin is electronic gold. ✨
Speaking inside the Federal Reserve at a payments innovation conference, he called BTC a store of value something you buy and hold for appreciation, just like gold.
No yield. No guarantees. Just belief, scarcity, and demand.
After years of calling it speculation, the Fed now describes Bitcoin exactly how the community always has.
This isn’t rebellion anymore it’s recognition. Bitcoin has entered the system. 🏦
President Donald Trump has confirmed a significant forthcoming meeting with Chinese President Xi Jinping. This meeting is expected to occur during the Asia-Pacific Economic Cooperation (APEC) summit in South Korea later this month.
Scheduled Meeting: Trump will meet with President Xi to discuss trade agreements and significant bilateral issues.
Trade Negotiations: Trump expressed optimism about reaching a "fantastic deal" i.e., a mutually beneficial trade agreement. He highlighted the expectation that a fair arrangement could stabilize U.S.-China relations.
Focus on Key Issues: The dialogue will cover crucial topics such as:
Rare earth exports
Fentanyl
Soybeans
The status of Taiwan
Tariff Strategies: Recently, Trump mentioned the possibility of imposing up to 155% tariffs on Chinese imports if negotiations fail, signaling a tough stance in the trade war that has impacted both nations significantly.
Taiwan Concerns: The status of Taiwan is expected to be a significant agenda item. Trump indicated that while Xi may be keen on Taiwan, he believes that China is deterred by U.S. military strength.
The outcome of this meeting could have broader implications:
Economic Impact: A successful negotiation could help stabilize global markets and ease existing trade tensions.
Geopolitical Dynamics: The discussions surrounding Taiwan could influence stability in the Asia-Pacific region.
This meeting marks an important turning point in U.S.-China relations, with both leaders signaling a willingness to negotiate and seeking respect for each other's national interests.
Global markets are in motion, and opportunities continue to emerge across equities, crypto, and commodities. Here’s how I see the landscape 👇
Nasdaq: Still providing strong buy-sell setups. Watch 24,000 closely below it lies 23,000, while upside potential remains toward 26,500. As long as 21,000 holds, long-term targets at $30,000–$32,000 stay in play.
DAX: Moving in a wide range between 23,500–25,000. A break above opens the road to 27,000–30,000, while a dip below 23,500 could spell weakness toward 22,500.
💎 Bitcoin: Trading inside a broad ascending channel (98K–150K). Consolidation continues, but sustained moves above 124K–129K could ignite a run to 145K. Below 98K, risk increases sharply.
🔥 Ethereum: After another failed breakout, expect a zigzag phase (12–17 days) before the next leg up. A breakout above 4,800 can push to 6,000–7,500, with medium-term goals at 10K–12K. Early Nasdaq tokenization could even trigger 15K.
Gold: After reaching its targets, expect a 4–6 month sideways correction. Watch 4,180 a close below may lead to 3,980–3,850, while holding above keeps 4,375–5,000 open.
Silver: Finally cleared $50 now eyeing $70–$80 long-term, despite a possible 15–20% short-term correction. Still outperforming gold since the pivot move.
🛢 Brent Crude: Now in a $50–$70 range, healthy for the global economy. Below $50 could trigger another oil shock, while rallies above $70 invite gradual profit-taking.
💵 DXY (Dollar Index): Hovering near the bottom of its channel. Unless it holds $104, short-term target is $90 with a medium-term outlook toward $80.
💶 EUR/USD: Staying above 1.15 supports upside toward 1.23. Medium term, as long as it holds 1.10, the path toward 1.40 remains valid.
💴 USD/JPY: Devaluation has slowed post-election; renewed rate hike talk could strengthen JPY after more zigzagging.
Volatility = opportunity. Stay sharp.
