Holiday Weekend Market WARNING (This Is BAD)

**Nick Valdez** (0:00)
I'm rushing out this emergency video because we have some breaking news.

**SPEAKER_2** (0:03)
We are coming on the air with breaking news. A US official confirms to ABC News that it appears a US fighter jet has been shot down by Iran. Now a search and rescue operation is underway.

**Nick Valdez** (0:13)
Now what just happened is going to have a huge effect on Bitcoin, but there is actually a breaking update to this developing story.

**SPEAKER_2** (0:19)
One of those individuals has been recovered alive. We don't know anything else about that person's condition. Search and rescue efforts remain underway right now.

**Nick Valdez** (0:28)
And so as you can see, things are really ratcheting up in the Middle East. And if you go to Polymarket, you're going to see the odds for boots on the ground. And this is looking at the month of April. And we can check on the daily. And then if you go to the weekly, you could even see a major, major spike here. We are seeing some increased odds that we're going to see boots on the ground this month in April. And this is going to have a major effect on oil. It's going to have a major effect on inflation. Check out this chart from Kobe SE Letter. This really explains what I'm talking about here. Now, one thing you're going to see is you'll see CPI in oil. They really move in tandem. They kind of move in lockstep here. And if you wait till the end, we're about to have a major spike in the chart. You can see it right here, but the CPI inflation hasn't caught up with that major spike in oil prices yet. And I like how they broke it down in this post. Asset owners will be the only winner long-term if we see inflation skyrocket.
And so this has really given Trump an ultimatum. Trump, in my opinion, is at a crossroads. There is two choices for Trump. You can go to the left side, you can go to the right side. On the left side, we have boots on the ground. Polymarket odds are suggesting this is what's gonna happen. If that happens, Bitcoin, stock market, gold, silver, everything is probably gonna have a pretty big drawdown, except of course, energy prices. You're gonna see the cost of a barrel of oil, that is gonna skyrocket, and that's really gonna dampen the economy. But the other crossroad is, we kind of retreat, we kind of withdraw, and maybe we go ahead and let the straight of her moves straighten itself out. He's really trying to lean on the other countries of the world, saying you need this oil more than America needs this oil, so it's really up to you to step up. We are tired of spending our taxpayer money on this problem. But what path do I think he is gonna take? Well, it's increasingly looking like escalation. Escalation is on the menu, boys. So I do think that we're probably gonna see some boots on the ground somewhat in the near term here. But now let's jump into the Bitcoin charts here. So I got some things that I'm looking at on the Bitcoin charts. One, we're still in this range. On the daily chart here that we're gonna be looking at, we're still in this range. We still haven't lost this range. But I am, and I'm gonna zoom in here on the one hour, I am seeing some bull divs that keep indicating that the price is about to start appreciating. You can see a bull div here. You see a bull div here.
You see one right here. You see another reversal right here. But now we're also seeing some bearish divergences. So if you zoom in, you can see we may be seeing the beginning of a bearish divergence on this one hour chart. That could push Bitcoin down to the bottom of this range. And if we do see a severe escalation over this holiday weekend, remember this is a holiday weekend. It's gonna be low liquidity, extra volatility. Bitcoin might lose this range. Now, I was bullish. I was saying, you know, still think Bitcoin is gonna head a little bit lower than 60K. But I thought we were gonna go to 80K before we revisited 60K, just to get all the bulls on board, wash out all the people that are betting it on going down and really, really trap all the bulls in there. Then boom, that's when we would see Bitcoin erase 20K, 25K from its price there. But I may need to revisit that. Now, if you asked me 12 hours ago, yeah, I still think Bitcoin is heading to 80K, but boots on the ground is going to put dampening effect on everything, except for oil, like I was saying. So we might see Bitcoin visit into the high 50s, low 60s sooner rather than later. Now, thank you for watching this drive time video. Now, yes, maybe I may be parked, I may be stationary, but I'm going to go ahead and get this to the editor before I hit the road here. I want to get this video out as soon as possible. So go ahead and smash that like button. If you like these emergency videos, I'm Deezy for Discover Crypto. I'll see you and hopefully with the rest of the asset owners, we'll see you at the top.