July 18, 2025

By Nigam Arora

To gain an edge, this is what you need to know today.

Trump Gambit

Please click here for a chart of bitcoin (BTC.USD).

Note the following:

• The chart shows that after the breakout above zone 1 (support), bitcoin has been consolidating in a narrow range.
• Typically, the bitcoin pattern shown on the chart leads to a pullback before a move higher.  However, a new executive order that President Trump is about to sign has the potential to not only stop the pullback but push bitcoin higher.  The first magnet for traders is $140K.
• President Trump’s executive order has the potential to push bitcoin to $250K and then potentially to $1M in the long term.