🚨#Bitcoin Update:
A lot of people ask me why I keep talking about $60k.
The answer is simple:
$60k is not just a big round number. It’s also the level that many traders see as the last major support before the low-$50k region.
If Bitcoin loses $60k and fails to recover it quickly, I think panic will start spreading across the market.
I’ve been in crypto long enough to know how these markets work. In 2018, people thought $6k would never break. In the last cycle, people thought $30k would never break. This cycle, I feel $60k has become that level.
From what I’ve seen over the years, the biggest dumps usually happen when people are still expecting a bounce.
That’s why I keep my eyes on $60k. Not because it’s guaranteed to break, but because if it does, I think a lot of people are going to be very surprised.
😆 @swipathefox knows @wemby likes to get his sleep!
Last night: "It's midnight man let's go!"
May 24th: "Everything you hear about Vic is true. He don't want to see blue light after nine o'clock, he reads books, he's not on his phone... like this is real."
GAME 2 CAME DOWN TO THE WIRE.
🍿 KAT in the 1H: 17 PTS, 6-8 FGM
🍿 San Antonio: 14-0 run in 4Q
🍿 Brunson's shot for the tie and FT for W
The Knicks took a 2-0 series lead in the NBA Finals... what will we see in Game 3??
🚨 WARNING: THE SPACEX IPO IS THE BIGGEST TRAP OF 2026
Read this post carefully before buying SpaceX shares
In 4 days, $SPCX will debut on Nasdaq
The biggest IPO in history, with a valuation of around $1.8 trillion
You may have noticed that demand has already exceeded $150 billion, while the public float is only 4-5%
And I wouldn't rule out the possibility that the stock could easily jump 20-50% in the first days or weeks purely because of FOMO and the limited share supply
But after that, the picture could change dramatically!
1. SpaceX didn't use the standard 180-day lock-up
Instead, the S-1 includes a phased unlock schedule
Insiders, employees, and early investors will be able to sell shares in stages starting in August:
- August 21 (70 days) - +7%
- September 10 (90 days) - +7%
- September 25 (105 days) - +7%
- October 10 (120 days) - +7%
- October 25 (135 days) - +7%
2. On top of that, they removed the profitability requirement and are adding SpaceX to major indexes just 5 days after the IPO, while the usual waiting period is 90 days
That forces 401(k) pension funds and passive index funds to buy SpaceX shares at inflated IPO prices and keep holding them throughout any decline
3. On top of that, there are major share releases after the Q2 earnings report (August) and Q3 earnings report (November)
If the stock is trading 30% above the IPO price after Q2, a performance bonus will kick in and another +10% will be unlocked
This staggered selling structure reduces the chance of one massive crash, but it creates several waves of selling pressure between August and November
For comparison: when Meta went public in 2012 (one of the top 3 largest IPO in U.S. history, with a $104 billion valuation)
The stock fell more than 60% within a few months after the IPO due to lock-up expirations and market concerns about its ability to monetize its business
And there's one very important thing you need to remember!
4. The company is still unprofitable, posting roughly a $4.9 billion net loss in 2025
Passive funds (Nasdaq-100) will become forced buyers, but at the first sign of bad news they'll become forced sellers
That's why I'm warning you not to become exit liquidity for insiders and VCs who have already made huge money from private funding rounds
In the short term, the IPO looks very attractive for traders who know how to speculate
But if you're planning to hold, you need to clearly understand this: August through November could bring serious volatility and a major correction
I've said this before, and the cycle is still playing out exactly according to plan
Turn on notifications and drop your thoughts below
The next phase is gonna be very important
My friend is now down over $107,000 on $BEAT 😭
He thought the pump was over and decided to short it.
Now if $BEAT moves another 20-25% to $5.5, his entire $150k position gets wiped out.
Crypto is brutal, guys.
goblins mentioned in a system prompt that the average normie couldnt even find themselves went to 8 figs.
expecting big interactions to happen today. jeets ngmi.
Doing a 1 SOL GIVEAWAY! 💸
0.25 to 4 people who:
• Follow @jKolby & @rqdixx
• Drop a LIKE & RT
• Tag 2 friends
• Drop Solana wallets below
Winners announced in 48 hours ⏳