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BITCOIN TO $50K?! Oil Surges as the S&P 500 Hits Make-Or-Break Support

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Are Bitcoin and the S&P 500 on the verge of a massive breakdown? In this urgent Friday market update, Chief Market Strategist Gareth Soloway dives deep into the charts to reveal the exact technical trajectory for crypto, equities, and the surging crude oil market.

First, we tackle the elephant in the room: Bitcoin (BTC). While crypto has shown incredible relative strength over the last few months, a massive, ominous bear flag is looming on the macro chart. Gareth breaks down a critical parallel channel connecting the lows, warning that if Bitcoin fails to hold technical support on a daily closing basis, it could trigger a brutal flush down to the $53,000 or even $50,000 level!

Next, Gareth unpacks the chaotic macro environment and the geopolitical tension driving it all. Crude oil briefly hit $95 before suddenly dumping to $89 after a Truth Social post from President Trump regarding a 10-day delay on Iranian energy infrastructure strikes. However, oil immediately rebounded higher. Discover why the market is starting to discount these political posts in a classic “boy who cried wolf” scenario, and what sustained high oil prices mean for your portfolio.

Finally, we look at the immediate fallout on the S&P 500. With equities bleeding in response to the oil surge, the S&P is currently resting on a razor’s edge at a major technical support zone. Gareth warns that today is a make-or-break moment—if this support cracks, we are likely looking at a devastating 400-point plunge down to the 6,100 level.

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