Even though $Bitcoin and the rest of the $crypto market took a serious dive, let's still have a great weekend! On to a new week with fresh opportunities. Have a good one, everybody!
I highly recommend checking out @MorganHouselβs podcast. He has an incredibly engaging speaking voice and shares brilliant insights, especially on finance, which really helps put common frustrations into perspective.
He recently launched a new concept where you can submit your own financial questions for him to answer. Itβs hands-down one of the best podcasts I listen to. Also, his book The Psychology of Money is an absolute must-read! π§π
Every time Bitcoin drops toward $60,000, the same people say the same things:
"Bitcoin is dead." "This time it's different." "It's going to zero."
They said it in 2011 at $2.
They said it in 2015 at $200.
They said it in 2018 at $3,200.
They said it in 2020 at $4,000.
They said it in 2022 at $16,000.
Bitcoin has been declared dead 479 times. It has recovered from every single one.
The people declaring it dead this week are the same people who will FOMO back in at $120,000.
Stay patient. Stack accordingly.
$BTC #Bitcoin #HODL #Crypto
Washington just dropped seven $crypto tax bills at once.
The House Ways and Means Committee is circulating a full package ahead of a June 9 hearing. The proposals cover:
β De minimis exemption for small crypto transactions β Tax deferral on staking and mining rewards
β Stablecoin transactions treated like cash payments β Wash sale rules finally applied to digital assets
The goal: stop taxing people every time they spend crypto, and stop making miners pay taxes on coins before they sell them.
None of these are law yet. But seven bills moving simultaneously signals serious legislative momentum not a press release, a package.
June 9 hearing. Watch it.
The S&P 500 just crossed 7,600 for the first time in history.
Nvidia is at record highs. AI semiconductor stocks are up 67% to 121% this year.
Bitcoin ETFs have bled $4.7 billion in 15 sessions.
This is what capital rotation looks like in real time. Institutional money doesn't disappear it moves. And right now it's moving toward earnings-backed AI momentum and away from Bitcoin.
The irony: Bitcoin's long-term thesis hasn't changed. Its fixed supply, its decentralisation, its immunity to earnings misses none of that is broken.
But narrative drives flows. And in 2026, the narrative is AI.
Rotations end. This one will too.
$BTC #Bitcoin #Nasdaq #AI #TradFi
Bitcoin is at $63,000. Down 50% from its October high.
Five things are hitting at the same time right now:
β 15 consecutive days of ETF outflows $4.7B drained β Hezbollah rejected the US-brokered ceasefire. War continues
β May NFP came in at 172K double the forecast. Fed stays tight
β Nvidia hits record highs while BTC bleeds. Capital is rotating
β S&P 500 above 7,600 for the first time risk appetite is in equities, not crypto
None of these are Bitcoin breaking. All of them are the macro environment refusing to cooperate.
The setup changes when one of these five resolves. Watch for the domino.
$BTC #Bitcoin #Macro #Crypto
@jackmallers Awesome! A like from the poster boy of Bitcoin himself. Jack Mallers, a great presence, incredibly well-spoken, and is the perfect ambassador for Bitcoin. Thanks, mate! π
Time to put my money where my mouth is. Hopefully, this is the bottom, but if it goes any lower, Iβve still got some dry powder left to put into $Bitcoin. #buyingthedip πͺ