Daily digest: $BTC holds the range, oil cools, AI gets a seat at the White House ₿ Bitcoin Spot BTC ETF inflows have slowed noticeably during the pullback from $87K to $83K, but they've now been positive for 9 days in a row. BTC is still ranging between $83K and $85K and is trading near the bottom of that range. The nearest support below it is $81.5K. Wintermute's key level of $82,500 sits right in between. 🤖 AI and policy Trump held a closed-door meeting with AI leaders, where an industry self-regulation agreement was signed. Afterwards he repeated that the right term now is "superintelligence." For markets, this lowers the risk of heavy-handed government control over the sector that's carrying the rally. 📉 S&P 500 Only 25% of S&P 500 stocks trade above their 50-day moving average, so AI is doing most of the lifting. CME FedWatch now shows the odds of an October rate hike below 50%. Once investors price that in, it could support equities. 🛢 Oil Brent is down to $96. The US will release another 40M barrels from its strategic reserve, even though the reserve is already at its lowest level since 1982. Nothing new on the Iran front, but there are more and more reports of possible escalation after the US midterms. ⚡️ OpenAI OpenAI has introduced Ultrafast, which speeds up token generation up to 8x in Codex and up to 6x in the API. It has also launched its most expensive subscription yet, at $500 a month. Will a cooler oil price and lower hike odds be enough to push BTC back above $85K? #BTC Price Analysis# #Macro Insights#
