[00:02] all of it. >> I bought the dip and how I can't keep buy the dip. >> This is the most bearish thing. So, last night I sold my Bitcoin. I sold my Bitcoin yesterday. [00:17] I was holding a good amount of coins. I'm completely out of Bitcoin. 100% out >> I sold [music] all my Bitcoin. And I suffered absolutely massive [music] financial losses. [00:30] >> Well, it's unwinding all of crypto. We're seeing Bitcoin collapse BELOW $60,000 AGAIN. THE FACT THAT MICHAEL SAYLOR is allowed to walk around free right [music] now is ABSOLUTELY CRIMINAL. SOMEBODY needs to arrest him. [00:46] If I see this guy, I'm going to perform a citizen's arrest and lock this guy up. Because this is ABSOLUTELY [ __ ] CRIMINAL, MICHAEL. >> So much is happening [music] today that affects you if you hold Bitcoin. Bitcoin [01:03] sinking to $58,000 today. Major signs of capitulation we're >> If I keep buying the dip, it keeps dipping. You got no money to buy the >> Last time Bitcoin was at these levels, [01:18] September to October of 2024. [music] Of course, the sentiment around Bitcoin and Michael Saylor very different from just 2 years ago. [01:47] from the crypto market with almost a billion coming from leveraged longs liquidated with 53% of all Bitcoin in circulation now held at an unrealized loss. Before we talk about Michael Saylor, [02:01] >> Help! The ship's on fire. I need help out here. Over here, I'm in a raft. >> It is important to take stock of how long we've been in this bear market and talk about how the market flipped to [02:16] where it is today. You remember October 6th, 2025, the total crypto market cap 6th, 2025, the total crypto market cap hit an all-time high of 4.3 trillion. hit an all-time high of 4.3 trillion. From a 4.3 trillion market cap at the [02:31] high, we've gone through new tariffs. We've gone through the Iran war beginning to now a 2 trillion market cap 261 days later after a 54% decline at [02:43] 261 days later after a 54% decline at the low. This is like averaging -8.8 the low. This is like averaging -8.8 billion per day for 261 days straight. Many people think Saylor is the boogeyman that will bring Bitcoin from [02:57] 60K, where it is today, 58K, down to about 50 51K, where the 300 month moving average is. Right here is the 200 month moving average. A lot of people are saying that Bitcoin is here and we have one more leg down to go. I think there's [03:14] a good argument for Bitcoin actually being where this arrow is. Here, this is a bottom signal that has called four out of the four last Bitcoin bear market of the four last Bitcoin bear market bottoms. That's 10.5 million Bitcoin in [03:27] loss marked at every major Bitcoin bottom. This signal is flashing again. Not only is this major bottom signal flashing today, but it also made a new flashing today, but it also made a new record with 10.83 million Bitcoin now [03:42] underwater, a new all-time high for this metric. But again, showing us the bottom is here. And yet, many people are waiting for Bitcoin to get to the low waiting for Bitcoin to get to the low 50s or mid 50s because of perhaps the [03:56] biggest boogeyman in crypto right now, Michael Saylor. Many people say that he's going to sell a lot of his Bitcoin, that he's MicroStrategy is going to be margin called, there's going to be some failure for him or the company. [04:09] failure for him or the company. >> The only mistake you can make is acquire it with so much leverage that you get forced liquidated >> I mean, beyond the fact already that MSTR is down uh 84% from its record [04:24] high, now down to a 28-month low. This is not common for the stock market, guys. This is common for crypto, and it's sure trading like an altcoin right now. Saylor might be the first man to watch his stock crash 99% twice, and [04:40] that's not even to speak on their other stock offerings, STRC, stretch. Again, not looking good. So, it might not come as a big surprise to you to hear this news. Saylor's strategy is now facing a class action investigation by Rosen Law [04:58] Firm. Rosen Law Firm is investigating potential securities claims on behalf of potential securities claims on behalf of shareholders covering MSTR, STRF, STRC, STRK, STRD. The allegation, "Strategy may have [05:12] issued material misleading business information to the investing public." They are surely talking about marketing statements like money market-like stability or their silly little AI commercials, "You weren't meant to live [05:28] commercials, "You weren't meant to live an uncomfortable life." STRC offering 11%. You tell me, is this misleading to potential buyers? >> I live here. I'm retired. I just don't think I'm [05:42] meant to live an uncomfortable life. >> Wow. How did you make it? >> I worked hard as an engineer to save money again. >> What is stretch? >> Stretch is a stock. Right now I get [05:56] about 11% [music] a year in dividends. Nice. [06:09] us keeping you informed and giving you all the context on a daily basis. We are all Coin Daily, the largest crypto community in the world. And to continue, theoretically, if strategy {slash} Michael Saylor get charged for [06:24] misleading or deceptive marketing based on the claims made around STRC, the amount of Bitcoin held and if forced to sell, the unwind would be quite disgusting. Feels like a very real possibility is what people are saying. [06:39] And in retrospect, perhaps near the top of the market, Michael Saylor strategy, the Bitcoin maxis were a little too boisterous at the top. >> Let me recap the earning call. >> [laughter] [06:54] [music] >> Yeah. Bitcoin stock. Now I'm buying more while they fighting into black. STRC printing engine running clean watching debt [music] transform into the Bitcoin [07:08] >> It is important to note that this law firm that is suing him, it is kind of like a marketing thing they're doing so their law firm can get in the headlines. They also sued Kevin O'Leary, Mr. Wonderful, at the bottom of the last [07:21] bear market for FTX. This is where the Rosen Law Firm, you know, started their lawsuit at the last bear market. Which, again, this is another bottom indicator that now it's happening again. So, again, it is my opinion based on my [07:35] analysis, Saylor fud is at all-time highs and people thinking that they're just going to implode. You know, it might be like being bullish at the top. It's very easy to be ultra bearish at the bottom. You could say that MSTR is [07:50] actually in a better spot than where they were in 2022. And yet, they are the they were in 2022. And yet, they are the clearest example of the narratives and, dare I say, our heroes from last cycle's bull market turning out not like we [08:04] expected. MSTR holders lost a kidney, then decided to mortgage their house to buy STRC. Lesson is, whenever somebody gains a Messiah cult-like following, run or maybe sell. So, I think it is important to say that based on my [08:17] research, Michael Saylor and strategy, they will not be getting liquidated. They will be coming back out of this on top when Bitcoin's price picks back up again. They might dilute their shareholders, but Bitcoin, and Michael [08:32] Saylor, and his company will continue. What do you think's going to happen >> If you're going to arrive early to a revolutionary technology that's and [music] the first digital commodity that's monetized in [08:45] the history of the world, you're going to be in for a bumpy ride. So, Bitcoin has has been [music] a continually bumpy ride for the past, you know, many, many years. I think uh even since we got in the market, it's [08:59] gone through nearly three [music] cycles. And the only rational way to approach this is dollar [music] cost averaging. If you acquired Manhattan in 1907, [clears throat] [09:11] in 1917, [music] in 1917, [music] in 1921, in 1928, 1932, in 1947, and >> [music] >> thing in 1953 and 57, [09:24] and you asked someone, you know, what was the right time [music] to buy and do you regret having bought, you know, the top? I I can't even remember which of those years were going to be the most efficient times to buy. [09:39] Generally, [music] the view is that once you find a good thing, you just want to consistently acquire more as cash flows allow you. The only mistake you can make is acquire it [music] with so much leverage that you get forced liquidated [09:56] and that's a mistake. You don't want to get stopped out. Uh and then the other mistake is [music] to stop acquiring. Right? And and [music] in this particular case, if I look at all the options, there's no [10:10] better option. Bitcoin is the the [music] least risky strategy that we can >> Because right now, the common thought is once Michael Saylor blows up, then [10:22] Bitcoin can finally bottom. If everybody's thinking this, I think this is too common of a thought right now. I believe we are bottoming now, and again, things could turn around rather quickly. New, there is a renewed sense of urgency [10:36] among GOP lawmakers to get the Clarity Act passed. Mark your calendars for July. Goes to the Senate floor. >> Clarity Act will be on the floor of the July. >> And beyond that, lawmakers realize, like [10:51] Chairman French Hill, we need to find a way to get this forward. I think pro-innovation Democrats need to unite with Republicans in the Senate and get this bill across the Senate floor. >> We need to find a way to get this [11:05] forward. I think pro-innovation Democrats need to unite with Republicans in the Senate and get this bill across the Senate floor so that we can honor want the US to have a clear a clear framework for digital assets innovation. [11:20] The innovation is is ongoing, and we want it to be done here in America, and firms leading it. >> My name is Aaron. This is Altcoin Daily. Subscribe to the largest crypto community in the world. If you're still [11:33] watching, comment your thoughts on the video below, and I'll see you tomorrow, my friends. It's turning into a big summer for crypto.