Michael Saylor REVEALS The REAL Reason Bitcoin is CRASHING!!! | EP 1519

**SPEAKER_1** (0:03)
Bitcoin crashed to the mid-61Ks last night. It's lowest price in over 120 days, and everyone has been blaming Michael Saylor. Well, for the first time since we saw those sales, Michael Saylor has finally broke his silence, spoken up about it, and his reasoning for the crash might surprise you, but today, I'm going to show you that he's not the only one saying and blaming this single factor that everybody's overlooking. So obviously, before I get into it, the context here, I think, is everyone is basically attributing this crash to Michael Saylor selling some Bitcoin. Now, obviously, it is a good narrative because, again, the guy that told you never to sell your Bitcoin has sold some Bitcoin, and some is the key word here. Again, Saylor has bought in what? Like over 600,000 coins this year, or in the last year, maybe it is better put, and he sold 32 Bitcoin.
It's literally, I think the numbers was like.0038, or 34% of his entire holdings. He said that this was just kind of a test sale to inoculate the market. Well, you could argue that him selling has made a lot of people afraid and scared of Bitcoin, and maybe he is the reason. Again, if you're looking at the charts, if you're looking at the daily candles, there is a suspicious correlation between the day that Saylor sold Bitcoin and what the price has done since then. Short of it, it's been red. And we've crashed literally since Saylor has sold, again, tiny amount of Bitcoin. So obviously that is kind of the prevailing narrative if you're looking at the corporate press, if you're looking at a bunch of different headlines, that's what everyone is attributing the crash to. Now, one more caveat before I get into this. Yes, you could say that what Saylor is pointing to is cope. Maybe he is trying to divert attention away from his sales. Maybe he is one of the reasons that the price has cascaded downward since that sale. But if it was just Saylor saying this, then I probably would agree with everyone saying like, yo, this is Saylor just coping. He crashed the price. I actually saw a funny tweet this morning. It was like, dude, Saylor's such a genius. You know, if you got a billion dollars to buy Bitcoin and you really want to get a good price about it, just sell a little bit, price is going to crash. You scoop up Bitcoin at a lower price. It's a great buy. It's a great buy. But I really, again, looking at the data, I do try to be as objective as possible. I try to look at all the data. And yes, obviously, I am human. I have a monkey brain. I have a 42 IQ. And it is very easy to blame Saylor here. Now, again, this last week, I have been trying to get to the bottom of where do I think the selling is coming from? What is actually causing the price to go down? Obviously, we can all just, I would say get lazy and be like, it's the four-year cycle, bro. It's playing out exactly as designed, bro. Like we gotta wait until Q4 of this year before the price finally bottoms and then we're gonna go back up. I really, even though at this point, I might agree, I think it is kind of lazy thinking.
We're literally just leaning on memes to explain what's going on. It really doesn't tell you anything about what's actually going on underneath the hood here. So with that in mind, let's get to Saylor's tweet, which is this. Now, again, before I read it, I do want to say that Saylor isn't the only one that has been saying this. And this is why I'm kind of of the same opinion that this might actually be the real reason. Though yesterday, I did kind of blame Iran selling, or rather, the US Treasury sanctioning a couple of Iranian exchanges, and possibly that is where some selling is coming from. It could be all of this together. It might not just be one or the other. It's probably all of this, which does make me feel that, maybe famous last words, the bottom is near. Though, if we can gauge sentiment based on how mad everyone is and all of the infighting, it does feel like a market bottom is here. Anyways, Saylor tweeted this morning, again, 743, literally first thing he did in the morning, crazy. He goes, capital markets are funding the AI buildout at historic scale, roughly $400 billion over the over six months. Bitcoin ETFs have seen roughly $4 billion of outflows since May 14th, pressuring Bitcoin. This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity. So again, first off, first and foremost, probably the most obvious thing here in this tweet, excuse me, is Saylor basically trying to maybe, if you are of the belief that Saylor crashed the price skirt responsibility, maybe he's like, you know, distracting us and being like, hey, yeah, maybe I'm the reason, but look over here, this is the real reason. I totally get that. But he does have a point here. And I have been of a similar opinion. As you guys know, if you guys are a Simply Bitcoin hardcore fan, hardcore fam at this point, if you guys hang out with this every single day, you know I am not the biggest AI fanboy. I am kind of of the opinion, like the price valuations that we are currently seeing, the narrative around AI, I think it is overblown. I am of the opinion that I think we are in an AI hype cycle. And if you're looking at equities right now, you understand kind of one thing, AI is basically the only thing keeping up the stock market equities. It's basically the only thing that's keeping up GDP, and at least in America right now. Now, obviously you can say that my bias is showing that I am kind of, I wouldn't say necessarily anti-AI. I do use AI, obviously. It is a cool tool. I just think that the hype around AI is overblown. I don't necessarily, like yes, AI will change how we function and live in the world, which is very obvious. I'm sure you have already noticed in your daily life, whether it's like call centers, whether it's you on the internet support chats, it's like we're all talking to AI, whether it's you on Twitter, everyone's reading AI Slop, we're seeing interesting AI videos. If your parents are on Facebook, they're probably sending you AI videos.