🚨 The market is entering a double stress test
Next week could be crucial for both crypto and equities.
₿ Bitcoin: $BTC is holding near $78K after one of its strongest weeks in years. More interestingly, #bitcoin and gold are showing strength while high Treasury yields continue to pressure tech.
📊 NVIDIA + Jackson Hole: two events will test the two pillars supporting this market:
NVIDIA → AI growth
Jackson Hole → cost of money
Strong NVIDIA guidance + a softer Fed could revive risk-on. Weakness in either could trigger more volatility.
🇨🇳 China & geopolitics: tensions around Iran and the Strait of Hormuz remain a major energy risk. Higher oil prices mean higher inflation — and potentially tighter monetary policy for longer.
🤖 AI: the bottleneck is shifting from models to physical infrastructure:
Memory → GPUs → Networking → Power → Cooling → Data Centers
🎯 Watch the divergence between Bitcoin and Nasdaq.
If $BTC can hold near $80K while tech remains under pressure, #BTC may increasingly be trading as an alternative monetary asset, not simply another high-beta tech trade.
Next week could be crucial for both crypto and equities.
₿ Bitcoin: $BTC is holding near $78K after one of its strongest weeks in years. More interestingly, #bitcoin and gold are showing strength while high Treasury yields continue to pressure tech.
📊 NVIDIA + Jackson Hole: two events will test the two pillars supporting this market:
NVIDIA → AI growth
Jackson Hole → cost of money
Strong NVIDIA guidance + a softer Fed could revive risk-on. Weakness in either could trigger more volatility.
🇨🇳 China & geopolitics: tensions around Iran and the Strait of Hormuz remain a major energy risk. Higher oil prices mean higher inflation — and potentially tighter monetary policy for longer.
🤖 AI: the bottleneck is shifting from models to physical infrastructure:
Memory → GPUs → Networking → Power → Cooling → Data Centers
🎯 Watch the divergence between Bitcoin and Nasdaq.
If $BTC can hold near $80K while tech remains under pressure, #BTC may increasingly be trading as an alternative monetary asset, not simply another high-beta tech trade.
