🚨 BREAKING:
🇺🇸 US HOUSE WILL HOST A HEARING ON THE CRYPTO CLARITY ACT ON JULY 17
IF APPROVED, THIS BILL COULD INJECT OVER $1 TRILLION I NTO THE MARKET
PRESIDENT TRUMP SAID HE WON’T ALLOW BANKS TO SABOTAGE ITS APPROVAL
THIS IS EXTREMELY BULLISH FOR CRYPTO!!
I'm expecting a trend change in crypto today if payrolls data (NFP) comes in soft.
If not today, then the trend change will have to wait for the market to price in higher odds of no hike at the July FOMC (Jul/29). The next catalysts for that repricing are the FOMC minutes (Jul/8) and CPI (Jul/14). If CPI comes in hot, the repricing waits until the July FOMC itself.
NFP, CPI, the minutes, and FOMC speeches are more important than ever given Warsh's no forward guidance policy.
I expect no hike on Jul/29, given the Middle East cease fire and inflation having peaked, but the market is not so sure and needs data to hold its hand until then.
A hike would be extremely bearish. Without forward guidance, the market would have a hard time distinguishing between an "insurance hike" and the start of a hiking cycle.
The main drag on crypto in the last six weeks has been BTC and Saylor, whose unfortunate actions (using cash reserves to repurchase 2029 converts + making a test bitcoin sale) drove price from 82K to 58K. That risk is now mostly gone, at least for the foreseeable future.
Meanwhile, the main drags on equities and risk assets in general in the last two weeks have been a) the US-Iran cease fire exhausting most of the de-escalation upside, b) a hawkish June FOMC, and c) reignited AI bubble fears (misplaced IMO).
💥 BREAKING: According to CryptoQuant Bitcoin whale holdings just had their largest spike ever recorded in history.
Over 270,000 BTC has been accumulated so far at $59,000.
Adam Back is a prominent British cryptographer and the CEO of Blockstream. He is widely speculated to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.
In less than 40 seconds he explains WHY Bitcoin is a generational buying opportunity right now:
@KillaXBT what are your thoughts on Dr. Profit's doomer post? You two seem to always be aligned, but this time you're taking different angles.
https://t.co/lLXplqecn1
#Bitcoin – What's Next?
The Big Sunday Report: All We Need to Know
🚩 TA / LCA / Psychological Breakdown:
Everyone bullish here is making a big mistake, and don't misunderstand my words. I clearly speak about those who are buying now long term, believing the bottom was in. Everyone who is buying now is just flooding the market with liquidity the market needs, not only STRC, but also miners and other crypto businesses. While most altcoin businesses died on 10th October 2025, some crypto businesses, venture capitalists, hedge funds, custodians, lending platforms and yield protocols are on the verge of collapse, and ahead of them the golden horse and master of the collapse and the person who was the biggest loser of the DOT COM BUBBLE, in terms of BILLIONS of dollars lost, Michael Saylor and his company MicroStrategy. Again: everyone buying now is donating money to a collapsing system, and it's the crypto system that is collapsing NOW. I am not saying it won't recover, but I say it's not worth entering for now. I will enter, as I remain bullish on the long haul, but for now I don't even touch crypto products and am just waiting to buy the next leg down on Bitcoin that should bring us to the range of 50k and wicks below 50k. DrProfitPremium is for free till end of June. You can join now: https://t.co/SBmkqCqyeg
I described where I see the bottom last week, and two weeks ago, and even at 120k I said 60k will be the first bottom, and what follows needs to be the capitulation. I did that by sharing the boxes and stages, and clearly we are at Stage 5, the moment I am awaiting the capitulation to happen. Bitcoin has never bottomed out without a miner capitulation, so I am asking all those, and I wonder what inexperienced people they are, how do you call for a bottom without a clear miner capitulation? The miner capitulation that follows the sell-off is a blow of a large venture capitalist, fund, or even an exchange. Last year it was FTX, but also Three Arrows Capital (3AC), Alameda Research and its connections to FTX, Digital Currency Group / Genesis, BlockFi, Voyager, Celsius and so many other names that have been under extreme pressure, some on the verge of collapse and some that truly collapsed. Yet we haven't seen such an event this cycle, and I would even argue the crypto market is not strong enough to survive such a bear market without one more major casualty.
This aligns perfectly with what a former ETH Foundation staffer warned recently: that Ethereum could face a core developer funding crisis within 3–9 months. He says Ethereum needs roughly $30M per year to fund the ETH Foundation: and we speak about the same foundation that kept selling ETH, financing their own pockets, and now simply says they can no longer finance the project. People don't understand what this means. It tells us that the core developers of ETH won't be able to work on ETH in the future if there is no more funding, and with all the recent years we can clearly tell that ETH became a failure. Either you accept it, or you keep investing in a sinking ship. This is what I warn about: funding issues will hit centralized places, the large capitulation is ahead, and I don't see the bottom here.
The Chart and My Trading Plan
Bitcoin is now forming a massive bearish flag on the daily timeframe. I see a lot of noise regarding the current price and people talking about buying no matter at what price, and everyone seems to ignore the fundamentals, the on-chain data, the macro, and even the simplest chart analysis that shows a clear bearish flag right in front of us. The positivity in the market is back, and liquidity has started to build massively below us in the last 60 days.
So far in this cycle I have shorted at 120k, at 80-82k, and now I am looking to place short orders in the region of 68-69k. Two weeks ago I said I am expecting Bitcoin to pump towards 67-68k, and exactly as expected BTC went to 67k before starting to go down again. What many do not realize in a sideways move is that a price point can be visited several times, and I am now preparing my final short orders at 68-69k in case the market allows us to visit. Again: I am not saying with 100% these targets will be hit, as the momentum remains extremely bearish, but I am saying that if the market allows us to visit this area, I am willing to add to my shorts. My target is a dump to 54-56k region first before we move sideways once again and afterwards another leg down and the bottom is close in the region between 40-50k in my opinion.
The plan worked at 120k. The plan worked at 60k of phase 1. The plan worked at the 71k long. The plan worked at the 80-85k bull trap top. The plan is working now in Stage 5. The capitulation is ahead, and the CBB is the destination.
THIS IS NO FINANCIAL ADVICE BUT EDUCATIONAL CONTENT ONLY.
🇺🇸 PRESIDENT TRUMP: “UNFORTUNATELY, IN RECENT YEARS THE U.S. GOVERNMENT SOLD TENS OF THOUSANDS OF $BTC.''
''THAT WOULD NOW BE WORTH BILLIONS.”
“FROM THIS DAY FORWARD, AMERICA WILL FOLLOW THE RULE EVERY BITCOINER KNOWS…”
“NEVER SELL YOUR BITCOIN.”
Real Orderbook stream watchers know the value area to accumulate bitcoin:native. 🤔
@Tradermayne has mentioned it more times than Michael Saylor has posted about buying more Bitcoin.
We'll buy when everyone else is doomposting all over the timeline. 🫣
5 reasons I’m still long Bitcoin:
1.The only asset no government can debase. 21M cap, enforced by code — not promises. In a $37T-debt world, that’s the whole thesis.
2.This selloff is forced sellers — miners covering costs, leverage unwinding — not broken fundamentals.
3.The institutional rails built since ‘24 don’t disappear because price fell. That floor is permanent.
4.$1.3T vs gold’s $29T. Capture even 10% of gold’s role and that’s a multiple, not a percentage.
5.Max pessimism is the entry point. Every bottom looked like this.