MONITOR CORRECTIONS

“BlackRock quietly accumulated 3% of the entire Bitcoin supply, over 700,000 Bitcoin. I don't know the exact number, but safe to say they are the largest hodler of Bitcoin outside of Satoshi himself, and potentially Max Keiser. At today's prices, that's 72 billion in Bitcoin exposure, a staggering figure clearly by any measure.”

“NASDAQ's David Bailey's KindlyMD kicks off their Bitcoin treasury with a massive $679 million buy. If you're not familiar with David Bailey, he's the CEO of Bitcoin Magazine, and he is Trump's Bitcoin advisor. Remember last week we discussed he was going to be launching his treasury firm with a billion dollar purchase? Well, he got the ball rolling with $679 million.”

“President Trump said Bitcoin takes a lot of pressure off the dollar. It is much more important than anything we have invested in. I got to agree with that, but Max reiterates it obliterates the dollar, but it's important that you don't understand this yet.”

“On-chain analytics firm Glassnode highlighted the growing divergence between institutional demand and the price action. Investment vehicles, notably the US-bought Bitcoin ETFs, were seeing inflows despite the weakening on-chain signals, such as volume. The sustainability of institutional flows and renewed buyer conviction will determine whether this contraction stabilizes.”

“The Daily chart, as you can see, big ass red corrective candle on the day, not looking so good, and it's huge, at least compared to yesterday. But the silver lining, there's a bull flag formation outline here; we also have the Barney the Purple bull flag indicator right there at 146.4.”