Bitcoin should be crashing right now… but it isn’t. With war risk involving Iran, rising oil prices, and renewed inflation fears, the macro environment normally puts heavy pressure on Bitcoin and risk assets. Yet Bitcoin is holding up surprisingly well. In this video we break down the real macro forces driving Bitcoin right now — including tax refund liquidity, oil prices, inflation risk, and what could happen as we move into late March and April when liquidity conditions flip. Last week we discussed the wave of tax refund liquidity entering the economy. That liquidity appears to be supporting markets right now, but Bitcoin’s strength may go deeper than that. Even with macro markets under pressure, Bitcoin is showing unusual relative strength. The next few weeks could be critical for the Bitcoin cycle. If oil prices spike due to escalation in the Iran conflict, inflation could rise again, delaying Federal Reserve rate cuts and putting pressure on risk assets. But if tensions ease and oil falls, Bitcoin could see a major relief rally as liquidity improves. We also look at: • Why Bitcoin is one of the most oversold levels in the past decade • The macro liquidity cycle and global M2 trends • How oil prices influence inflation and Fed policy • Why late March and April could be a key turning point • The two possible paths for Bitcoin from here Ultimately, Bitcoin is a liquidity-driven asset. Understanding macro liquidity, inflation, and global economic trends is critical to understanding where Bitcoin goes next. Keep in mind this is just my personal take and what i'm doing with my personal money, not investment advice. ----------- THE OBSIDIAN COUNCIL PREMIUM MEMBERSHIP The Obsidian Council Premium Membership Is CLOSED Join The Waitlist: https://theobsidiancouncil.myflodesk.com/waitlist ---------- THE NEVER DIE NEWSLETTER Signup For The Never Die Weekly Newsletter: https://neverdie.club/ --------------------- AFFLIATE LINKS: Stoic Meta AI Strategy: https://stoic.ai/?ref=jesse My Favorite Wallet Rabby: https://rabby.io/rabby-points?code=9DBPIQI2 Stake Your ETH with Swell: https://rb.gy/mvnk2 My Favorite Hardware Wallet: https://trezor.go2cloud.org/aff_c?offer_id=135&aff_id=32260&source=Youtube ------ SUBSCRIBE: Subscribe: https://www.youtube.com/c/jesseeckel2?sub_confirmation=1 OTHER PLACES I'M AT: Twitter: https://twitter.com/Jesseeckel Instagram: https://www.instagram.com/jesseeckel0x/ ️ Farcaster: https://warpcast.com/jesseeckel -------- *IMPORTANT PLEASE READ: None of this is meant to be taken as any form of investment advice, it's just me sharing my journey to a million and taking about what I'm up to and the strategies and tactics I'm using to try to get there. I am almost always talking about tokens that I myself own and obviously have a bias toward seeing them appreciate in value. Do your own research always! I'm a normal guy who makes mistakes and has made plenty so far during this journey. So choosing to blindly copy what I'm doing isn't going to lead you to just making a ton of money. I've had investments where I've lost EVERYTHING. I don't just say do your own research as a legal covering but because you really need to do your own research and make your own call. If you don't understand what you're investing in you can lose A LOT of money! Especially in crypto which is super super risky. A lot of the projects I like to jump in are really small crypto projects which make them even more insane risky. Past performance doesn't mean the project will do the same thing in the future, no one can predict the future and what will happen next. I'm pretty passionate about this, I am by no means a professional investor. I'm on my journey to a million dollars, I don't even have the experience to have made a million dollars. All this is to share my journey because I believe there is value in watching me both succeed and fail. It's my story I'm sharing with all of you, DO YOUR OWN RESEARCH and don't just blindly copy me Also all of this info might be accurate at the time of me recording and posting but in the future things could change. Especially in crypto things change fast, so just be aware of that. Thanks! I hold investments in the tokens I'm talking about unless I otherwise state I don't. Best just to assume that if I'm talking about it, I own it. My Disclosures: https://docs.google.com/document/d/1dyCYz1Cuw4Dte4DybGl1QJrbjRFEUAI9kCGb2FxjYOU/edit?tab=t.0 #Crypto #Bullrun