🚨BITCOIN PULLSBACK! WHAT HAPPENS NEXT FOR CRYPTO! TRUMP MEDIA $2.3 BILLION BITCOIN BUY!

price of bitcoin and of course some of the major news takeaways from today. But a lot of people are concerned about the price because bitcoin is pulling back right now, It's sitting at one hundred and three thousand, four hundred and eighty four dollars. You look at the daily chart,

there's some red candles on the way down. But this does not come to a surprise to us who have been following the charts closely, and that is the daily RSI was in the overboughd zone, as I've been saying for a while, and it's going to take time for that to cool down. And I don't know if it has to go to the over soul zone. It may not have to. It could bounce somewhere in between and continue to run up. But the important thing for you to understand from the macro is that we're still in

a bullmarket. There has been no invalidation of the bullmarket because certain support levels and trend lines, and certain unchained metrics and much more have not invalidated the bull market. So that's a good sign, and will continue to monitor those metrics closely. But Bitcoin, nothing to be concerned about here. This is normal. It's par for the course. Bitcoin hitting resistance at its new all time high of one hundred and twelve thousand dollars. So let's see where this pullback

takes us. It could chop sideways a bit then start running again. I think that this is going to be something short lived. I don't think it's anything major, kind of what we saw in January with the tariff uncertainty. Even though there is teriff uncertainty continuing, the market is starting to price that in and it's not as much fear as there was with the initial shock of those global tariffs. So that's a good sign. On the weekly chart,

same thing looks bullish. Nothing bears here. The weekly RSI cooling down as well, so all par for the course. And when we look at the metrics like the tether dominance, and we saw that breaking down and a lot of liquidity was coming into the market. It's starting to spike up again. But we got to let this play out because this seems like a down trend. But on the way down, you don't go in a straight line. There

are peaks and valleys, right. So just like we've seen the tether dominance break down before, and this essentially indicates the liquidity that's coming into the market. So obviously, with the market going down, the tether dominance is going to rise and vice versa. You know, when the tether dominance is dropping, then the market riffs, so it's all cyclical. And then you look at the bitcoin dominance, you're seeing bitcoin dominance on the rise again. It was in a

major free fall. So this shows still in the ball. Market's still more room to run here. Bitcoin still has to steal the show somewhat, you know, sucking the liquidity from the all coins. But eventually it will hit a overbod zone, become overheated, rotational liquidity will take place, eth Xrpiecelana, and all the all coins start moving again. But it's the patience game that's the hard part for many of you.

And it's only until I learned the markets and what's happening that I was able to navigate that and control my emotions, and the emotional patience game is the hardest part. So just understand we're still on track. Nothing invalidated here, just we got to be patient. And this is how the market plays out. We don't control it. The DXY, the dollar currency and next continues to show weakness. Another factor as to we are still in a bull market. It's still a move towards risk on as the dollar

keeps moving downwards. Now, on chain data shows that bitcoin whales with wallets of ten or more bitcoin, they continue to accumulate, and if we zoom in here we see there's a spike, so they're buying the dips here. This is the on chain data we've been using and it's been very revealing because they started taking profits with the big cue after four rally and then even more so with the tariff uncertainty crash, if you want to call

it that, and then they started accumulating. So the whales, the guys who may pretty much move the markets, are playing this very smartly because retail is frustrated, retailers getting tired, retail is scared. They continue to buy rins and repeat here, and global liquidity continues to rise, so that is a very good sign. And bitcoin lags global liquidity by about twelve weeks or so, so everything will catch up eventually.

Just the patient's game is so important. So I'm not concerned because the data not my feelings are emotions, not how I feel today, not what the price makes me, how the price makes me feel, But the data is telling me bull market, just be patient. Things will move in the right direction eventually. Now with the tariff uncertainty, I know one of the things we were talking about before the tariff situation happened was that the typical seasonality

would play out, sell and May go away. So essentially late May into June markets start to cool down, people take profits, and then it's the summer boring zone. However, because of the terror of uncertainty, kind of pushing the timeline back, we could see June and July be explosive. Now that's not a guarantee, and other analysts are calling for that as well. Even a bitcoin said sell in May, cry in June, fomo in July. So you know, the timeline has been shifted here, and I hope you guys

understand it's not a guarantee of certainty. But we're just looking at seasonal patterns, what's happening in global liquidity and all these things and how they may affect the stock market and crypto. So things are still on track. Just it is what it is. Every cycle throws a monkey wrench in the system and we just got to roll with it. So that's where it stands with bitcoin, and of course we use bitcoin as the measuring stick. All

coins will eventually catch up. So even if you're not holding bitcoin and you're just holding XRP R salanor e theorem, you gotta wait for Bitcoin to do its thing. That's how it works. I don't make the rules. You've got to accept the facts and reality of the situation. Now,

speaking of bitcoin, Trump Media has two point three billion dollars in bitcoin buying power after closing capital arrays. So we've been talking about this over the past week. First the Financial Times revealed that Trump Media was working on this. Then we get confirmation and they have officially closed their fundraising and they're gonna buy bitcoin. So let me give you some details. Trump Media closed two point four to four billion dollars capital arrays, with funds planned to be

used to create a bitcoin treasury. The company sold one point four to four billion dollars in common stock and one billion dollars in convertible notes to some fifty institutional investors. The move aims to make the company one of the largest publicly traded US holders of bitcoin. Now, folks, you may not like Trump, or you may love Trump, that is besides the point. Donald Trump is in the business of making money, right, and I'm not a fan of

his meanpoin. But the other stuff that he's doing, watch it closely. Read between the lines. Why the hell would Trump be doing this? You think he believes the bull market's over. You think he's sitting around crying like retail. Oh man, this bullmarket sucks blah blah blah. The price pull back again. Right, No, clearly they're making these investments because they see higher prices on the horizon, folks, So

please understand what's happening here. Read between the lines. Trump would not be doing this if the bull market was over. So this is very bullish news in my opinion. Once again, regardless if you love or hate Trump, that's that's not the point. The point is watch what they do, not what they say. So incredible stuff here. Now, look at

this James Saifer to Bloomberg said that rex Shares has just filed an effective perspectus for Solona and e theorems, taking ETFs to list here in the US. He says, don't know launch date, but could be within the next few weeks. There are forty account of funds with a unique structure and do not go through the nineteen bdsh war process. Now, yesterday the SEC gave guidance some proof of steak, So so I hope you see the direction

we're heading in here. And as I've been saying, when you add staking to those existing etheremytfs, watch the inflow of spike because the yield will be there, folks. That's going to be a game changer for Etherorem and that's a huge advantage that Etherorem has. Now. I don't know if it's going to surpass Bitcoin, I don't think so, but its numbers are going to arise. I absolutely believe that because the yield is a massive incentive to tradify

and institutional investors and much more so. Really great stuff here. Eric Galchunis, who's the boss of James Seyferd at Bloomberg said, first ever steak Ether and Solona ETFs could be launching soon rex filing went effective, meaning launched likely in the near term. Would also be first ever spot Salana two only fat exist currently. This is the benefit of using forty ACT or Act forty ACT. It's a faster track to market, but more work slash boxes to check versus

the thirty three Act. Interesting, so they kind of use the fast track here. So let's see how it plays out. This could be something that Ripple and and other all coin etf issuers may want to use to get their BODYTF live. We shall see, but right now the staking component will be huge and it looks like Solana is going to have it, so Solana should see a lot of inflows as well. Folks. Quick word from our sponsor and as Property is leading the charge with putting real

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Digital Euro not Micah key to managing crypto risk. Bank of Italy Chief. He's saying, not the regulations that were put out, but the digital Euro. The digital Euro, of course, is kind of like a pseudo CBDC. And this is why I've been saying, watch the digital dollar that's issued by the major banks. We heard the news recently. JP Morgan, Bank of America, Wells Fargo and some others want to create a centralized stable coin that looks and smells like a CBDC. So he's saying that's the way to manage

crypto risk. Yeah, he's really framing a narrative here for that pseudo CBDC. They're going to call it a stable coin. But Mica is the market structure regulations essentially that the US is, you know, trying to get its own version in place, but MICA is needed for these businesses to operate, so you know they're going to do a lot of stuff with these digital currencies, right, the fiat currency on

the blockchain. So interesting statement. So MICAH has had a limited impact on the adoption of compliance stable coins in Europe, strengthening the need for a digital Euro. Bank of Italy Governor Fabio Panetta said, sounds like a central bank narrative there, pretty clearly right. We need to make sure we use the digital euro to keep crypto in check. Yeah, whatever, you don't need to do that, but you know, central bankers don't want to lose power, so they're going to

frame it that way. Look at this zen Finance rise

Ves launch tokenized stocks platform in Africa. Wow. The platform now allows investors in Africa to access global real estate and stock markets through tokenized fractional shares using stable coins. Folks. I know I always say this, but I'm trying to hammer home the point that you see to macro, what the hell have I been telling you? Guys? Would have passed three to four years right, this is the direction

the puck is heading in. They're going to put real estate, stocks, everything on the blockchain, and you're going to have truly global markets. Twenty four to seven trading, fractionalization, secondary and tertiary markets will be created off of these things. Twenty four to seven, three hundred and sixty five day trading, no more opening and closing bell. How many times have I told you, look at what's happening, and I've often given the scenario of that people in Africa or India

or whatever. You can access the New York Stock Exchange, but when you put the stocks on the blockchain, everybody can access it and they just need a smartphone with internet connection. And many folks in different countries in Africa have smartphones. They don't have computers and laptops. I'm not saying all, but majority of people have smartphones. The seated direction things are headed in. And it's amazing to watch

this play out. It's so fascinating, and this is why we're here taking our bests so that we can make money off of this. It's inevitable, there's no stopping this is this is the direction we're heading in. And speaking of tokenization, here is a article from a backed CEO, so that's the name of the company backed. Tokenized equities will be bigger than stable coins. So they're saying, hey, look your stable coins. That's fine and dandy, but tokenized

equities and assets are going to be bigger. And I believe that because the equities markets are so large, talking stocks and much more. Right, and then when you throw a real estate and all that in that, of course it's going to be bigger. Because tokenizing the Fiat currency system or markets in itself, the effects markets, is not bigger than the equities market. I hope I'm right on that.

I'll hope to double check my numbers. But when you think about all the equities and companies and all these things that are out there, I think this is spot on. So interesting statement here, and speaking of tokenization, we've been hearing Robin Hood is going to be doing a lot with tokenization. And shout out to user Justice who sent me this email with Robin Hood having a what looks to be some sort of event, I believe it's going

to be virtual, they said. Tune into our keynote on June thirtieth at eleven am as we unveil the future of crypto, and it says Robinhoods presents to catch a token. So the biggest players on Wall Street and in finance are tokenizing, launching ETF products and different financial products. And if you caught my interview with Sid Powell of Maple today, we talked about Cantor Fitzgerald, the Wall Street giant, launching a two billion dollar bitcoin lending program. Guys, it's incredible

what's happening. City Banks says stable coins boost treasury build demand,

reflect dollar dominant. Stable coins boost treasury build demand, reflect dollar dominance. So as stable coin usage grows, so does the demand for short term US treasuries. So this is the narrative that's been going around. Well, I would say it's a true narrative. It's not something just out there like Fugezi or whatever. Right, and Senator Haggerty, as I shared with you guys about a week ago, you know, he cited City Bank saying that by twenty thirty, the

largest US treasury holders will be stable coin issues. Right now, it's other countries that buy the US debt and that helps to prop up the system, right, the debt based system, and the US dollar is the world reserve currency, so part of Trump's tariff situation. I think that it's more of a smoke screen for renegotiating certain types of trade deals and deals that were made for countries who were buying our debt. But we don't need them to buy

the debt anymore. We got to revisit the those terms, right, those partnerships. I think that's part of a big part of what's happening here. A big paradigm shift, and it feels almost like a Breton Woods moment, similar to what happened after World War Two with the US dollar and gold.

So big change happening here, folks, and the technologies here, and then I hope you recognize the different levels this is impacting the world on the government level, the private sector, our money, the way we will access investments and do deals, contracts, all these things will be on the blockchain, folks. So really incredible stuff here. Now. Final news item, Veteran capital

in crypto is shaping South Korea's elections. Presidential hopefuls in South Korea are turning to crypto to win younger voters, with older generations now joining in the conversation as I was saying, paradigm shift, all aspects of society and being impacted here. And we've talked a lot on this podcast about the future will be more digital, it's not going to be less digit and the younger generation will lean more towards digital assets. That's the world they're very familiar with.

They're already doing it via gaming and much more buying things in games, and it's digital. It's not tangible. You can't hold it, you can't eat it, can't drink it, but it's an asset you can hold. So crypto will be a natural integration into that. And I think people who are running for election now realize, yeah, we should probably embrace crypto as much as possible to win over these younger voters. So, folks, you see the direction or headed in. It's very bullish mass adoption globally, and that

will result in higher prices. But you got to be patient. This isn't going to the casino and playing the slot machine. This isn't playing the lottery. You got to put some work in, you got to educate yourself, you got to take the bets, and you got to be patient. And if you're struggling with patients, I highly recommend reading some books on Warren Buffett watches things he said about investing.

There's some great principles that has helped me. And Warren played the long game, and that I mean clearly played out well for him. Well, you know, was everything he held or did correct and was it a winner? Of course not, but he had more winners than losers. So you want to adopt the mindset to understand market cycles and have the macro view and control your emotions and have that patience. Guys. All right, folks, that's the news. Let me know what you think. Leave your thoughts and

comments below hit the thumbs up button. Folks. A great way you can support me in the podcast is by subscribing to my free email newsletter. Link will be in a description. Check out my book on Amazon. It's available in paperback in digital, and check out my new course at Mycrypto course dot com. This is a comprehensive course that teaches you every aspect of crypto folks. Thank you so much for watching and listening. I appreciate you all and I'll talk to you all later.