What we are seeing in Bitcoin now is rare, it only happens once or twice per bull market, at the ultimate buy dip and at the cycle top.

You haven’t experienced crypto until you have seen min 40% down draw. Bitcoin is now down 40%.

A relationship between new paradigm, super cycle, flippening and shit coin hysteria. Peak euphoria, when the market thinks “Bitcoin is old”, gets healthily crushed.

That was the first $10,000 candle we’ve ever had, did you expect it to be down? Textbook institutional distribution and one of the most ridiculous and intense periods of daily FUD ever. The market has been manipulated down to acquire your Bitcoin.

Our Bitcoin newsletter is out: China mining FUD is bad $32-40K = no man’s land Hodlers aren’t selling Leverage cleansed Selling at a loss often marks bottoms.

Incredible stress on the Bitcoin network. 1. 40% hash rate drop Xin Jiang blackout in April 2. Inner Mongolia mining ban 3. China mining ban never before has there been two, let alone three, Hash Ribbon capitulations in a row with no buy signal in sight.

Within a couple months El Salvador Central Bank will own $150M in Bitcoin.

El Salvador bill just passed with super majority for Bitcoin as legal tender.  MicroStrategy $400M Bitcoin raise saw 4X over subscription in orders. There is heavy institutional demand at these levels.

I expect at least 10 S&P500 companies will add Bitcoin to their balance sheet in 2021. Bitcoin will probably be over $100K by the 6th announcement.

Charles pointed to an age old secret strategy on Wall St. that when big firm/manager wanted to buy large stake of asset they would first spread negative rumors, and even paint the tape with small short sales, creating selling panic to increase supply so they could buy in size.

The 40% risk free Bitcoin basis trade won’t last forever. The opportunity has been compressed by institutions by around 50% on CME this year already. Crypto native platforms will be next.

Every percent we drop the probability of the bottom being in increases exponentially. An overflow of indicators are turning green. Remember that before you panic.

The good news is volatility has finally reset! This has been significantly overextended for months. It means that the next run will be in a much healthier position for continuation.

Investing in crypto is value investing. We are investing in the monitory and internet protocol of the next century. A network with less than 5% global adoption and exponential growth. It doesn’t get more contrarian and value investing than that.