If you only watched headlines, it looked chaotic. Nvidia printed. Tariff fights dragged on. Iran headlines flickered. ETFs flipped from bleeding to buying. Bitcoin squeezed, rejected, and slid back into range.

But price kept circling the same truth.

Bitcoin is not stuck because traders lack imagination. It is stuck because the 10-year didn’t break, ETF flows only partially repaired, and stablecoin balances didn’t grow. Those levers moved a little. Not enough to push price through resistance or pull it through support.

Here are the six forces that actually ran the week.

When SpaceX goes public, it could hit a $1.5 TRILLION valuation - that would be 3,000 times bigger than Amazon's IPO.

Most investors will be locked out until AFTER the big announcement.

But I've discovered a "backdoor" that lets you grab a pre-IPO stake in SpaceX right now.

I'm revealing the ticker for free.

Click Here for Your FREE "SpaceX" Ticker

Every rally ran into the same question. What are yields doing?

The 10-year hovered near 4 percent. It drifted lower at times. It never broke with conviction. Mortgage rates dipped under 6 percent. That sounds supportive. But the move looked like defensive buying in bonds, not a clean easing cycle beginning.

There are two types of falling yields:

This week felt like the second version.

Bitcoin acted accordingly. It bounced with equities. It faded with the Nasdaq. It did not behave like a hedge. It behaved like a funding asset.

That is the through line. When the 10-year drifted lower, Bitcoin lifted. When yields firmed, Bitcoin faded. The bond market moved first. Crypto reacted second.

Investor Signal 

Watch the 10-year before you watch the breakout. A sustained break below 4 percent matters more than a single green candle in Bitcoin.

Midweek, it looked like something might finally break.

Bitcoin squeezed hard. Shorts covered. Roughly $400 million in bearish positions were liquidated in a day. ETFs posted their strongest inflows in weeks. Price ran straight into $70,000.

Then it stalled.

The stall was not dramatic. It was mechanical. The squeeze forced weak hands out. It did not bring deep new demand with it.

When follow-through failed, price slid back under $67,000 and settled into the same corridor it has lived in for weeks.

Buyers keep stepping in between $63K and $66K. Sellers show size near $70K. Because neither side is adding fresh capital, every push turns into a test instead of a breakout.

This was not a failed week. It was a supply map drawn in real time. The market showed you exactly where supply still sits.

Investor Signal 

Treat $70K as absorbed only when pullbacks hold and flows stay positive for more than a few sessions.

This former hedge fund manager made $274 million in profits…

Barron's ranked his fund in the top 1% globally…

And he was featured among billionaires in the book Hedge Fund Market Wizards.

Now he's finally revealed the secret to his success. And no one can believe how straightforward it is…

It's just an 18-digit code you can punch into any brokerage account.

Click here to see it for yourself

For weeks, ETF flows were a slow bleed. Not panic. Just steady redemptions.

That mattered because ETFs were the clean institutional bid earlier in the cycle.

This week, that changed.

Inflow days stacked. The Coinbase premium improved. Futures positioning softened instead of stretching.

That combination is constructive.

But keep the nuance:

The inflows powered the squeeze and helped shorts get cleared. But they did not persist long enough to overwhelm the sell wall near $70K. Without sustained creations, resistance held.

That is why the $70K test failed without drama. ETF inflows repaired positioning, but they did not overwhelm the sell wall.

Investor Signal

The real question is not whether ETFs can print a big day. It is whether they can keep printing.

Nvidia was the headline event.

The company beat cleanly. Data center revenue surged. Margins expanded. Guidance was strong. That removed the loudest AI bubble fears hanging over the tape.

But the reaction was muted.

The stock rose, then faded. Semiconductors split. Software rotated selectively. Breadth stayed narrow.

That tells you where investors are focused.

They are no longer asking if AI demand is real. They are asking who funds it and whether margins compress when the bills arrive.

Capex is real. So is the bill.

For crypto, this matters because AI spending is absorbing capital and attention. When hyperscalers issue debt and lock in infrastructure, that capital is not rotating into speculative sleeves.

Bitcoin does not need AI to fail. It needs the cost of capital to fall.

Nvidia validated capex. But hyperscalers are still issuing debt to fund it, which keeps the bond market central and crypto tied to yields.

Investor Signal

AI strength removes fear. It does not automatically create fresh liquidity.

When Trump signed Executive Order 14330, he quietly opened a $216 trillion opportunity to regular Americans. And Trump collects up to $250,000 a month through a little known fund directly tied to this boom. 

Now you can access it for less than $20. 

Get the full story here >>

Geopolitics never exploded. But it never disappeared either.

Iran headlines flickered. Oil held a premium. Gold stayed firm.

That quiet tension matters because of the chain reaction:

Crude did not spike. It did not need to. The fact that it stayed firm kept the inflation debate alive. That kept the bond market cautious. That kept risk selective.

Bitcoin stalled every time oil stayed bid and the 10-year refused to break lower.

Investor Signal 

If oil fades and inflation expectations cool, tone shifts faster than any crypto-specific headline could.

Under the surface, stablecoin regulation advanced. Payment platforms revisited onchain rails. Trust charters moved forward. Distribution widened.

The plumbing improved.

But stablecoin supply was flat to slightly lower.

That is the part traders should not ignore.

Stablecoins are the fuel tank. When supply expands, trading activity and risk appetite usually expand with it. When supply stalls, the market can bounce, but it rarely accelerates for long.

This week showed the split clearly:

Without new onchain dollars, rallies ran out of buyers. That is why price chopped instead of trended.

Investor Signal 

Watch stablecoin supply like you watch ETF flows. Growth there often shows up before durable breakouts.

Forget MAGA stocks and tariff plays.

The real Trump Trade has nothing to do with politics.

It centers on one critical material—hidden in a small North Carolina town—that powers AI, semiconductors, and advanced tech worldwide. America controls over 80% of global supply, and Trump is poised to weaponize it.

Morgan Stanley says this could spark a $10 trillion reshoring boom. Apple, NVIDIA, and Amazon are already investing trillions to prepare.

A former hedge fund manager has identified the companies best positioned to profit.

Continue reading here…

Step back.

Bitcoin flushed below $65K early in the week and survived. It squeezed to $70K midweek and stalled. It slipped back under $67K without panic.

ETFs shifted from bleeding to buying. Nvidia cleared the AI doubt cloud. Oil stayed firm. Yields drifted lower but never broke decisively.

Stablecoins held their pegs. Credit spreads didn’t widen. ETFs stopped bleeding.

But the 10-year didn’t break lower and oil didn’t roll over.

That is why the range held.

The floor is stronger than it was during the February flush:

But the ceiling remains defined by the same chain:

Oil → inflation expectations → yields → liquidity → sponsorship.

Until the 10-year breaks lower and ETF inflows persist, rallies will squeeze shorts and then stall.

The encouraging part is credit kept clearing. Stablecoins held. ETFs didn’t panic. No forced unwind spilled into other markets.

The system held together.

But holding together is not the same as attracting new capital.

If yields roll lower with confidence and ETF inflows persist, the next $70K test looks different. If oil cools and stablecoin supply turns higher, the tape gains real fuel.

If not, the range remains honest.

This week did not deliver a breakout. It delivered clarity.

Bitcoin is not confused. It is waiting for yields to break.