SHOCKING! Michael Saylor to Sell Bitcoin! Clarity Act will be Marked Up Next Week!

Bitcoin continues to show strength. At the time we're recording, it's over eighty one thousand dollars, so exactly eighty one thousand, two hundred and forty dollars, so we're still in that rising channel. We expect bitcoin to top maybe about eighty four eighty five k if it does get that high. You know, there are no guarantees here, just probabilities. But bitcoin, there is a CMME gap if I'm not mistaken, between eighty two thousand and eighty four thousand. So let's see

how high we go. Bitcoin could potentially overshoot, go to eighty seven possibly ninety. You know, some analysts are saying it could get that high, but again no guarantees. One thing we do have to watch out for is Bitcoin is approaching the overbought zones that RSI is approaching seventy, So if you know your signals and metrics, you know that seventy is where we're overbought and thirty is where

we're over sold. Now it can overshoot those numbers, so it can go to eighty right and then pull back. So we're gonna have to wait and see. However, if Bitcoin is going to cool off very soon, which it looks like it will, I think we're gonna see some all coins start to run, so the alts will have a relief rally. Now does that mean every single all coin in the market's gonna pump? Of course not right. I do believe your major all coins, your large caps, midcaps,

and so forth are gonna start to move. So ethereum Salona XRP, I think pretty much the coins in the top fifteen to twenty will start to move, and then you could see certain privacy coins I think that's still a strong narrative, will start to move as well. So if you look at the total three chart that is looking bullish, the RSI still shows there's room to run here, and the MACD has bullish similar to Bitcoin, and we're

seeing some upward movement here. So let's see how high we go, guys, because it would be really nice to have these alts catch up to Bitcoin, so to speak, and we see a mini relief rally for these all coins. Obviously, we hope that they outperform Bitcoin, which you know historically we have seen him do that. Not all of them, but you know, maybe eat Solona X repeating all outperform Bitcoin. But again we shall see, but be prepared. I think that we're gonna see some of these alts pop off again.

Not guaranteed, but this is a high probability in my opinion, and that will be really good for many of us who hold all coins. Obviously I hold bitcoin as well, but I want to see my all coin portfolio start to move as well. That would be really really nice. Now, guys,

we got some crazy news coming out from Michael Sailor. Many of you know. He is, of course the founder and the CEO of micro Strategy. I believe he did step down from the CEO role, but nevertheless, the majority of the company's lifespan he had being the CEO. And you know, he has religiously and I use the word religiously on purpose, because he has said we're never going to sell bitcoin. You're an idiot if you sell. And he's put out tons of propaganda. You look at his

Twitter feed as xual we never sell your bitcoin. He would say, sell your kidney to get by bitcoin, mortgage your house just by bitcoin, right, all crazy stuff which I've criticized him and his followers all about over the years. All of a sudden they're saying they may have to sell and this is not a good sign, and they may have to sell to funder dividends obligations. In fact, it was reported that Strategy had a twelve point five four billion dollar Q one loss. Guys, twelve billion dollar loss.

That is wild. So this is getting really scary here for Michael Saylor. It seems there are some cracks in the system. Now. I've been on record, I don't want to see Strategy fail. But the things that are happening, the amount of leverage. How many times have I talked about that, guys, and I had people criticize me as well, where I said, this is not good. The amount of leverages guys using is insane. It's another two thousand and

eight type scenario. Leverage upon leverage. Right, It's one thing to buy bitcoin, take some of the cash on your balance sheet and buy bitcoin. It's another to go raise obscene amounts of debt to buy bitcoin, and you put yourself in this situation where the market is down. We're in a bear market, and I'm sure they're feeling the pressure. And then you launch you know, yield and dividends, and all of a sudden you got to sell bitcoin. I

don't know, something's wrong here. My spidy sense is tingling because this man has gone on TV and much more say oh, we're fine. We can see a eighty ninety percent drop in bitcoin and we will be fine. All of a sudden, yeah, we're gonna have to sell some bitcoin, So watch guys. This is no longer a bitcoin treasury company in my opinion. You know, you look at a great example would be like Tesla and SpaceX Elon took some of the cash on the reserves of those companies

and bought some bitcoin, and that's it, right. The company is still generating revenue from other things, car sales, YadA YadA, and they're not putting all their cash. They still have their operating cash. That's the smart way to do it. What Sailor is doing is a very risky thing with all that debt and this is not looking good. So hopefully we don't have a collapse again. I'm not hoping for that. I don't want that to happen because I

believe that would be really bad for bitcoin. Not that it's gonna kill bitcoin, but you know, the narratives, the news headlines. Can you imagine guys, right, it's gonna be really rough, but you know, it could be. Let's say he's in some sort of trouble. He could go to black Rock, he can go to these big constitutions which want to hold as much bitcoin, right and their ETFs and much more, and maybe they bail him out or they take it over. Right. I don't think he would

get to a point where the whole thing collapses. I think the big institutions which are here and countries even that are you know, looking to establish reserves. Or maybe the US government, you know, steps in and they're like, okay, sailor it looks like you are done here. We're going to take over your bitcoin stash because we can't allow this type of collapse. Right, that's a possibility. I'm not saying it's going to happen, but that's a possibility. So

let's see what happens. This is this is certainly certainly not good. And again, this man has been out there tweeting out all types of ridiculous stuff, going on TV, saying all types of ridiculous stuff, criticizing people, calling them names about if they, you know, if they even think about selling bitcoin. You never sell your bitcoin, and all

of a sudden he has to do it. So, uh, these are signs of a bear market, folks, if you didn't think we are in one, and look, it could be we're coming out now, you know, with this rally. But you know, potentially there is some downside that could happen. But no one knows the exact future. We don't have a crystal ball. So we're going to have to be cautiously optimistic and vigilant here to see what may happen

as we head later into the year. Will Bitcoin have a major correction, you know, go down and that forces Sailor to start selling like crazy? We shall see now, folks. Quick word from our sponsor. This episode is brought to you by bitco, the trusted infrastructure behind the digital asset economy.

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going to launch Bitcoin volatility futures contracts on June first, So we continue to see these trade fi institutions launch all types of financial products around bitcoin and all coins. Usually it starts a bitcoin and then they move to all coins. So this is great. I think more financial products, more on and off ramps is going to be good to allow more capital to come in, especially as we get the CLARITYAC pass, and that opens up more capital to come in. And speaking of the Clarity Act, Senator

Bernie Moreno says they're going to mark up the Bitcoin and Crypto market structure legislation next week. So folks, you know, yesterday we talked about the banks trying to backtrack and pull a fast one on a stable coin compromise, but the senators who worked on that compromise said, no, we agree to disagree. This thing's moving forward. So markup is important. That's the first step in getting it going and then eventually to a vote on the Senate floor and then

you know, to President Trump's desk. Here's a quote from Senator Bernie Moreno. He said, we'll get it on the President's desk before the end of June, and he'll sign it into law before July fourth. That would be huge. So let's see, guys. Hopefully, you know, we definitely hit these deadlines. Even if it's a week or two off, that's fine as long as we're moving in the right direction. But this is really great to hear that the markup

is going to happen. And the prediction market odds have increased, so polymarket is showing a seventy percent chance the Clarity Act is signed into law this year. So very very good stuff here. Now moving ahead, Cracking Exchange partners with

money Graham to enable crypto cash withdraws in one hundred plus countries. Wow, talk about a major, major on and off ramp here. This is huge. I think this is a major strategic move by Cracking given the amount of people that use money Gram to move money across the globe. And you know, if you want to send folks crypto, you know it will be an easy way for them to transition into casher, you know, their respective fiat currency. So there's going to be like the full on interoppability

between digital assets crypto into fiat currency. So this is another major on and off ramp. And you know, we've been talking a lot about Kracking looking to do their IPO. They had to postpone some of it due to the bear market. But you know, this is on deck ready for better market conditions. And there's some other companies like

Securitize as well who are to go public. So we're gonna see a lot of building guys, and I think, uh, you know, Crack it may be waiting for the Clarity Act to pass and then go do go do an ipo. That's how I would do it right, to get as much attention and uh liquidity and you know, bullish momentum and fervor around the market to go public. So wouldn't surprise me that these guys are waiting. Oh it's gonna

you know, be signing to log come right before July fourth. Boom, Let's go do an ipo that same week or the week after, right, that would be amazing. So big news here. Look at this. Forward Industries, rockaway X back Enrey, so

O n RI to build on chain reassurance, reinsurance on Solana. Guys, We've been seeing a lot of Solana adoption news and it's why I hold it in my portfolio. Again, I'm not emotional about these things. I'm just looking at what's getting adoption and I'm putting those coins in my portfolio. Not financial advice, of course, I'm just highlight lighting how I'm approaching it. And you obviously want to look for

the utility which blockchains are getting the adoption. So Forward Industries and crypto investment company rockaway X have co led a strategic investment in Enrey, a startup building reassurance infrastructure on the Solana blockchain, in a move aim to bring

traditional risk transfer markets onto decentralized rails. The company said Tuesday they co led Andrey's five million dollars Series A round with Forward, planning to allocate up to twenty five million dollars into the platforms yield bearing token on Solana. The fund will be used to expand Andrey's platform and attract more institutional participants to on chain reinsurance, a niche

but emerging segment within decentralized finance. Guys, the building continues again, look at which blockchains are getting the adoption, and you know, look two dollar cost average into those as much as you can and have the long term outlook. Now, look

at this news. Tennessee Bankers Association names stable Core as preferred digital asset provider. Very interesting here, So the Tennessee Bankers Association, a trade group representing the state's commercial banks, has selected stable Core as a preferred technology provider for digital asset services, highlighting growing interests among regional lenders in crypto infrastructure. Wow, so we know the banks are going all in, and you know the whole game they've been

playing with stable coin yield and the Clarity Act. They're just trying to slow it all down so they can catch up. Make no mistake about it. They are all in to do tokenized deposits, stable coins, custody, crypto products, and much much more. Right, But of course, crypto native firms at a head start, and now these banks are

trying to catch up. So in a Tuesday announcement, the TBA said stable Core will provide infrastructure that enables community and regional banks to offer products such as stable coins, tokenized deposits, and digital asset back lending through their existing systems. The endorsement gives stable Core exposure to the associations roughly one hundred and seventy five member institutions, potentially accelerating adoption among smaller banks that lack in house digital asset capabilities.

So see what's happening right, bringing all these regional small banks, not to mention the big eight hundred pound gorilla banks right the JP, Morgan City and so forth, but the small ones, the credit unions and support, they're going to bring them all into the fold to use blockchain and offer crypto and digital assets. So the partnership reflects a broader trend among traditional financial institutions of seeking third party providers to integrate crypto related services rather than building the

infrastructure internally. This is what they have to do because it will take years to build that, right, And these crypto native firms have gone through and ironed out the process and they've built like Coinbase has built a crypto as a service where you can just go plug and play right out of the box, so to speak. So again, the banks, whether big or small, all getting involved. Now

final news item. Representative Stephen Horsford pitches Parody Act as durable floor for crypto tax at Consensus Miami. Now, the Parody Act, for those of you who don't know, focuses on taxes. So after the Clarity Act is done, this is the big one because if you don't provide guidance on how much I can spend with my crypto, how can I use it, how can institutions use it, accept payments, conduct payments, you're going to have problems with adoption. Right,

So the tax code needs to be updated. And many of you know, I recently interviewed one of the folks in the Salana Policy Institute where we talked a lot about this. It was with Patrick Wilson, I believe, so be sure you check that out. It was just published

a couple of weeks ago. So. Representative Stephen Horsberg, co author of the Bipartisan Parody Act, told the audience at coindesk's can Census Miami conference Tuesday that crypto tax policy needs to advance through narrow, durable reform rather than a single comprehensive overhaul. He admitted Senate negotiations on the CLARITIAC between Senators Tom Tillis and Angela also Broke seem to be on hold, slowing their broader bipartisan market structure framework.

Horsford framed crypto and digital asset policy as a tool for closing the wealth gap, saying no one party should own crypto. It's absolutely right, but again Claritiac needs to be done first, and then the Parodiac is I think the next high priority day absolutely needs need to get done. And again, check out my interview with Patrick Wilson of the Slana Policy Institute, and we talked a lot about this and in detail what the IRS needs to do

and much more. Okay, folks, that's the news. Let me know what you think, especially about the Michael Saylor News. I think that's a huge bit of it there. This man's looking to sell bitcoin. Could there be some cracks in the system and hopefully nothing bad happens, but it's not a good look. And folks, be sure to support the podcast by subscribing to my free email newsletter. It is one hundred percent free. Link will be in the description. And check out my book on Amazon. Be sure to

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