The weekly and monthly charts don’t look promising at all. U.S. Treasury yields are nearing 5%, making rate cuts this year unlikely and possibly triggering another hike. U.S.-Iran negotiations remain stalled. The Nasdaq 100’s P/E ratio is around 43x, far above the reasonable level of about 30x. It’s hard to imagine how the market will react once U.S. stocks begin to correct and rates start rising. The #Bitcoin game seems to be coming to an end. https://t.co/7ztD3mXnfA
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