As I mentioned multiple times this week on spaces, Trumps next move would be blocking the straight instead of bombing the electrical grid. Chokes off their income but in the process will drive oil higher and thus risk assets lower. Having a meeting does show the market a deal is desired by both parties but now it will be the last mile that will be toughest, and it seems the nuclear ambitions are it. I expect bitcoin will gap below the 50 EMA on this news and invalidate the breakout.
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