Caleb Franzen

Bulls, good luck. Bears, seek help.

How? The Fed has been cautious that tariffs will accelerate inflation. Here is the fact... On a YoY basis, headline CPI, core CPI, median CPI, and trimmed-mean CPI inflation are all higher today than they were in March (or April) 2025. Inflation is higher now than before.

The dollar is perfectly flat over the past 3 months. During that time, the S&P 500 has rallied +20%. The Nasdaq-100 is up +27.5%. Bitcoin is up +41.5%. Ethereum is up +143%. The Dollar falling is NOT a requirement for asset prices to go up.

Look what happened to the S&P 500 when it made new ATHs. Look what happened to the Nasdaq-100 when it made new ATHs. Look what happened to Bitcoin when it made new ATHs. Now ask yourself... What happens once the Dow Jones makes new ATHs?

Cuts still aren't coming (yet). 🔵 3-month Treasury yield 🟢 Effective fed funds rate Does this look like it's signaling rate cuts? Hint: no. Only once we see the 3M yield fall (decisively) below EFFR, then we can expect cuts to come soon. Right now, they're perfectly equal.

Seems so.

I swear if this $119k move fades again, I'm selling my entire Bitcoin stack (I'm kidding). ((no I'm not)) (((yes I am)))

Tried on the Rolex land dweller today. I wasn't a fan of the watch when it first released earlier this year, but seeing them in person completely changed my perspective. Really excquisite, especially in gold. There are several other Rolexes that I'd prefer. But I'm a fan now.

Once this overhead supply between $119k-$123k dries up... 🎇🎆🎇🎆🎇🎆

Trump realized he can't fire Powell and Powell won't quit.

Was there just a huge "fat finger" error on Coinbase? Looks like someone was lucky enough to get filled at $116.9k, then immediately traded back at $118.7k. Chart shows 2-second candles.

Are dips being bought or are rips being sold?

$IBIT is up +1.6% today and people are seething in frustration.

Yooooo 👀👀👀

Bitcoin is trading at $119.3k and only 3 people replied "gm".

I thought he was an idiot and a "stupid person"?

Sometimes, it's really really really valuable to zoom out and use a line chart.

Imagine being in a prime environment to make money for 3 months, but you're still too scared to participate. Sure, you might be the unlucky one and buy the top. But that's why you manage risk. If you're afraid of risk, you can't be an investor. Scared money don't make none.

"Babe, wake up... a new Bitcoin trendline is about to break out"

Gm from Budapest... But only to the risk takers!