🚨 SPACEX: THE BIGGEST EXIT LIQUIDITY IN HISTORY
SpaceX is up 70% from IPO.
Everyone is FOMOing hard.
But almost nobody is talking about the real reason.
Only 4% of shares are available to the public.
So they can paint any price they want.
The playbook never changes:
Hold 96% in your pocket.
Drop a few crumbs into the market.
Pull the chart wherever you want.
But now it’s wrapped as "the biggest IPO in history."
And Wall Street has already found their FORCED buyers.
On June 13, SPCX was rushed into the MSCI indices.
This means every passive fund worldwide is now obligated to buy it.
Not because they believe in Elon Musk.
Because that's how the system works:
If it's in the index, you must buy it.
We're talking about $15–20 trillion in passive funds.
Massive forced demand + tiny float = perfect pump.
But the lock-ups are coming:
August: first 20% unlock
November: another big wave
Day 180: everything unlocked
In other words, early investors will exit in 1–2 months, not in 6 months like most people think.
And who will they sell to?
Retail and those funds that were just forced into the stock.
No one is arguing that SpaceX isn't a real company with a real future.
Moon bases, Mars, orbital data centers: all of this might happen.
But not anytime soon.
Right now, something else is happening.
The US stock market is going through a wild overvaluation of everything.
SpaceX is just the biggest example.
They are selling a dream about space today, at a price that won't make sense for another 15 to 20 years.
And as always, the crowd will buy the top just to fund the exit.
Remember, I've called every major turn for the last 10 years, including short BTC from $111K in October.
My next call will be the biggest one this cycle.
Turn on notifications. Most people will follow me too late.
Insanity: with a market cap of $2.96 trillion, SpaceX just passed Microsoft to become the 4th largest company in the world.
Microsoft Sales: $318 billion
Microsoft Net Income: $125 billion
SpaceX Sales: $19 billion
SpaceX Net Income: -$9 billion
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#BTC
It's been 1 day since Bitcoin officially entered the "Danger Zone" (orange) where historical Pre-Halving Retraces have begun
Currently, $BTC is approximately 27 days away from the Halving and has pulled back almost -18% in total since last week
Historically, Bitcoin has performed Pre-Halving Retraces 14-28 days before the Halving
In 2020, this retrace was -20% deep
In 2016, this retrace was -40% deep
#Crypto #Bitcoin
Interesting: as compared to their December forecasts, the Fed is expecting higher Real GDP growth (2.1% vs. 1.4%), lower Unemployment (4.0% vs. 4.1%), & higher Core PCE Inflation (2.6% vs. 2.4%) but is still anticipating 3 rate CUTS this year. Dovish.
https://t.co/8SP6Y13Dp4
#BTC
Since the November 2022 Bear Market Bottom...
Bitcoin has experienced the following retraces:
• -23% (February 2023) lasting 21 days
• -21% (April/May 2023) lasting 63 days
• -22% (July/September 2023) lasting 63 days
• -21% (January 2023) lasting 14 days
This current pullback is only the 5th major retrace since the 2022 Bear Market Bottom
All of the pullbacks experienced just over -20% retracement depth
Bitcoin has pulled back -16% thus far
But the retrace began only last Thursday
The current retrace has therefore barely lasted a week
In sum, there are two key takeaways about retracements in this current cycle:
• The closer Bitcoin gets to a -20% retrace, the better the opportunity becomes
• Retraces need time to fully mature (at least 2-3 weeks, at most 2-months)
$BTC #Crypto #Bitcoin
This is believed to be the last known picture of Kate Middleton before her “disappearance” ⚠️
It was taken only hours after the infamous ‘edited photo’ apology.
Her destination that day still remains a mystery as Prince William (pictured with her) arrived alone to the service.