Total Reset!!!

• Bitcoin dropped below $80k for the first time since April 2025, reaching $60k. All the gains observed after Donald Trump's victory in the November 2024 elections have been completely wiped out.

• Over the weekend, positions worth $2.7 billion were liquidated, leading to a market cleanse of excess leverage.

• Bitcoin has fallen 50% in four months – the worst decline since 2022.

Three main triggers occurred simultaneously:
— Worsh was appointed head of the Fed.
— Weak earnings reports from major tech companies (Microsoft fell 10%).
— The precious metals market crashed (silver lost 40% in three days after the peak).

Main sellers are Americans. The Coinbase Premium Gap has been in negative territory since December, indicating constant pressure from US sellers.

• Spot Bitcoin ETFs have lost $6.2 billion since November – the longest capital outflow series since their launch.

• Institutional investors, who previously supported market growth, have disappeared. IBIT has become both the largest BTC holder and the biggest seller.

• All capital has shifted into AI companies. Bitcoin’s chart almost entirely mirrors the dynamics of software stocks from the SP 500. If AI companies are excluded from Nasdaq, the cryptocurrency’s lag nearly disappears.

• As long as AI doesn’t start losing its relevance, the crypto market will find it hard to grow. Weak Microsoft earnings triggered this process, but it’s not enough.

• Companies holding BTC on their balance sheets have unrealized losses of $25 billion. Bitcoin is trading below the average purchase price.

• Without a recovery in real market demand, we can expect a sideways trend with increased volatility.

P.S. Remember, 99% of cryptocurrencies are scams trying to steal your hard-earned money!!!