๐จ MOST PEOPLE AREN'T READY FOR WHAT HAPPENS BELOW $58K
Iโve been trading crypto for 9 years and have never seen anything like this
Everyone is screaming that bottom is in, or we're going to 30k, but it won't be either of these
Reversals never happen without shaking out majority
The chart wonโt follow the same pattern forever
If this macro pattern continues, Bitcoin must eventually drop to around 30-32k in a few months, despite macro and global demand
But at some point, every pattern has to break
When? When the fundamentals and market sentiment no longer support it
A pattern should confirm reality - not contradict it. If it does, forget the pattern. It has outlived its usefulness, just like every pattern before it
If you look at previous cycles, every major bottom took time to form. You had months to buy near the lows
And that's exactly why almost nobody did
Everyone was waiting for lower prices
Everyone wants to buy the capitulation wick
But what if that wick never comes?
Then nobody buys
$16k was obviously a great BTC entry last cycle
I think everyone in crypto knew that... Yet almost nobody bought.
Not because it wasn't cheap, but because everyone was waiting for a nice round number: $10k/$15k
Or they bought too early, just like many are doing now, deployed all their capital, lost conviction, or even sold because they were convinced BTC had much further to fall
That's how bottoms are formed
My base case is that we'll spend the summer ranging, then slowly bleed toward $50k
After that, maybe one final flush to ~$42k, just enough to convince everyone another capitulation, "the final dump to 30k" is coming
But it never comes, just like it never came last cycle or the one before it
Many things about BTC price action change over time, but one thing never does
When it's the top, almost nobody believes it's the top. When it's the bottom, almost nobody believes it's the bottom.
Today 50% think that the bottom is in
Other 40% wait for 30-40k
That's why I think it's not a bottom, and we won't bottom at 30-40k
But if you read the sentiment differently, or read this later, and you already think today's price is attractive but believe it'll go even lower, don't overthink it
Most likely everybody thinks so
So just buy and hold until $240k
It's much better to buy at $50k than wait for $30k that may never come and end up not buying at all.
That's why I've already bought 30% here
Will DCA at 58K, 55K, 52K, and 50% at 42k
Want to remind you that I called each major top and bottom of the last 7 years, including exact 126K BTC top:
And soon i will make this account private
If you read this, you probably get the biggest informational edge in your lifetime
So make sure to follow me and turn notifs on
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JUST IN: Bitcoin closed below 200-week moving average for first time since 2023
๐จ THE STOCK MARKET AS YOU KNEW IT JUST ENDED
In 24h SpaceX lists at $1.77 trillion.
Fidelity just cut its SpaceX minimum from $500k to $2k. A 99.6% cut.
Robinhood, SoFi, others: no min.
I've been in markets for a decade. This has never happened before.
So I've spent 10h studying all past IPOs - here's what happens next:
First, understand why this is happening.
For decades Wall Street locked retail out of every major IPO. This week it threw the doors open.
A normal IPO hands retail 5 to 10% of the shares. SpaceX reserved 30%. Triple the standard.
That is not generosity. Someone has to be the buyer.
And here is the part buried in the fine print:
They will let you BUY at $135. They will not let you SELL.
Sell your SpaceX shares in the first 15 days on Fidelity and you are flagged a flipper. Six-month ban. Then a year. Then permanent, tied to your Social Security number. Robinhood locks you for 30.
They drop every barrier to get you IN, then bolt the exit shut behind you.
You do not build a one-way door unless you already know which way the crowd has to run.
Here is what they know that you don't.
An IPO is not the start of the run. It is the exit. The day insiders, employees and early backers turn paper into cash. Someone sits on the other side of that trade. This week they are building that someone out of millions of $2,000 accounts.
History shows you the ending every time.
Truist studied 30 major tech IPOs over 15 years. Every one had a serious drawdown in year one. Median: -54%. Only 43% were green after twelve months.
The names you remember:
Facebook: -54%
Snap: -56%
Uber: -68%
Pinterest: -70%
Robinhood: -90%
Same script. Huge debut. Endless hype. Lockups expire. The early money hands you the bag at the top.
Now price SpaceX into that history.
$1.77 trillion. 94.7x sales. A $4.9 billion loss last year. The doors flung open to the smallest accounts in the market, the exit locked for 15 days.
That is not access. That is distribution at the top.
We have watched this movie before:
2000 dotcom. Insiders rich, retail wrecked.
2021 SPAC mania. Insiders rich, retail wrecked.
Nobody hands you the front of the line for free.
So you have 2 choices in the next 24 hours.
Buy the most expensive listing in market history at the open and pray you are the exception to a 54% median.
Or to make money on it... But almost nobody knows what is the best way.
I have been calling these traps in public for years, while everyone else cheered the ticker.
Btw I am taking this profile private soon, as it's already too big. After that, all info goes to the people already inside.
So better to follow now, when you can...
A lot of people are going to wish they did before June 12.
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JUST IN: Retail investors are dumping AI stocks to buy SpaceX