US household debt hits record $18.39 trillion
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US household debt climbed to a record $18.39 trillion in the second quarter of 2025, marking a $185 billion increase from the previous quarter.
Every day he gets closer and closer to creating this "hybrid Ponzi scheme house of cards." It staggers us how the blind worship him. By their warped math they'd cum on him if he owned 51% of all Bitcoin. Bitcoin will go through its usual dump cycle again and it'll be interesting what happen to him as the next cycle will be the biggest since 2007/8. Wouldn't surprise me to see him go under.
BEWARE 🧨💥 Buildup of US military in UK. Has to be oil & Iran related. Mistake Trump made in first time was agreeing to withdrawal of troops in Afghanistan. China stepped in instead. Kuwait and Iraq need Strait of Hormuz for oil access. Oil too cheap to frack. Trump needs Iran, and he'll want to stop China controlling the area.
Couple this with the fact Trump needs to win midterms in 2026. He's approx 35 seats down according to projections. Only way to fix things to win votes next year via approval ratings? Either a WAR or a gangbuster economy, hence his cries for lowering interest rates.
Trump WILL fire Powell soon. New guy will reduce rates and overinflate economy, but it's debatable if that will be enough as international credibility will be completely lost by sacking Powell... The Fed is supposed to be independent, not politically controlled... and then that still doesn't negate the US need for oil and power in the Middle East. Incidentally, expect a UK crisis within the next 8-10 weeks--that's another story for another day.
I'd expect Powell to be sacked first before the US tries to get control of Iran. Remember Iraq and the made up weapons of mass destruction? Expect the same 💣
Make of this what you will.
Bitcoin all going to plan and looking good.
Expect to see $120k soon.
Around $144k very end Sept.
We're 100% high tech here using the latest in our technical analysis ₿
Now is where we've expected the BIG moves in Bitcoin will begin, ending in a climax in very early October.
Hold on tight and enjoy the upcoming ride.
#Bitcoin #BTC
Inflation to kick in again in October, coinciding with a peak in Bitcoin. Following few years will he hellish.
Pretty sure Bitcoin's monthly close on Monday will be above $115k.
This then sets us up for the high this year in early October until it's all over until the next cycle. That next cycle will be the last standard cycle as everything will change in 2027/28.
And so it begins...
Russia stating that countries are willing to supply Iran with nuclear weapons.
Only way out of the financial mess Trump has made much worse, especially because of his fragile ego, is to obfuscate. So bombing Iran, or starting a war, whether through bombs or or NATO or new COVID or crazy tariffs etc is inevitable so he can blame something/someone else and create excuses. Notice we're currently no longer focused on the US financial mess and the whole "Elon Musk objections saga" has passed? Get ready.
Blowoff top still primed to go off like a male teen at a porn convention.
Israel/Iran is like offering lubricant to the teen. Things are about to stroke higher ₿💦
₿ Bitcoin route until early-August:
Up until 30 June
Down to 10 July
Peak 19 July
Down to 4 August
Best times to buy: Today and 10 July... then 4 August.
== Bitcoin WILL PEAK IN 2025 in EARLY OCTOBER ==
₿ ... ... ... 24 June 2025
Countdown to blow off top commences...
Bitcoin:
₿ --> $125k --> $144k --> then time for a holiday
Close. But no cigar 🚬
On target. Bitcoin.
nostr:note19x2ryfzrgxm5lncu3nmwg2wpdy09tw0fsfq43pk5ngdsw6pj8uxsjyj6q3
Everyone saying Bitcoin up from here. Looks more like we have a bit lower to go first to me before things change next week.
👍🏻⤵️
nostr:note1wcnemy3slxsacurv3ungjk0cm25suwuuc43ders4sa9hvvu2u4dq2zwlsg
Bitcoin
$99,400 - 6th/7th June 2025
We are within a year of a major geopolitical event happening. This is the event that society will "blame" as being responsible for the next GFC major collapse.
But first we must have the blow off top... which is about to really start motoring 🚀
Make no mistake, we are on the verge of massive market collapses: stocks, property etc.
But history shows us with have a blowoff top before the collapse. I think we still have that ahead of us. It's impossible to envisage a collapse before a blowoff top.
When things are booming and look incredibly good, that the worst is behind us, well that's the time to be alert and be suspicious. Plan ahead.
CRITICAL point with US 10=Year YIELDS.
We CANNOT close higher than today's high, so I'm tending to think we have topped for now. We need next week to produce lower yield and let the market calm or we have some serious issues erupting in the markets again, as in S&P, NAS will all crash back towards the recent lows.
Bottom line: Things are looking fugly, like a pig wearing makeup, and the make up is slipping.
I have no idea how to do it. Which is why I suggested it to Ben:) And yes, I've read a few times that it's a thing.
