🚨 Bitcoin above $80K. NVIDIA earnings today. The market faces a major test. ₿ Bitcoin: $BTC has broken above $80K, gaining ~28% in August. Falling Treasury yields, a weaker dollar and concerns about long-term monetary debasement are supporting both Bitcoin and gold. 📈 NVIDIA: earnings arrive after today’s close. This is bigger than one company NVIDIA has become a test of whether massive global AI capex is actually paying off. 🇨🇳 China & Iran: China remains critical to the effectiveness of US sanctions on Iran. Meanwhile, signs of de-escalation around the Strait of Hormuz pushed Brent below $90, reducing near-term inflation pressure. 🤖 AI: the bottleneck is shifting: Models → Compute → Memory → Data Centers → Power → Financing The key question is no longer just how powerful AI becomes, but who finances the next trillion dollars of infrastructure and what return that capital generates. 🎯 My view: today watch the reaction across NVIDIA → Nasdaq → $BTC . If NVIDIA delivers and both tech and #Bitcoin rally, that’s classic risk-on. If Bitcoin keeps moving with gold instead, the alternative monetary asset narrative becomes much more interesting. P.S. Starting tomorrow, I will be adding important news from the US markets that affect the value of bitcoin. For myself, I take them into account a priori, but you also need to see this information in order to make important investment decisions. #BTC Price Analysis#