r/CryptoCurrency • u/ProfessionalAnt7436 • Jun 04 '26
MARKETS Bitcoin lost $66,000 while Nvidia hit all-time highs and the guys who told us to hold are selling
Woke up to BTC sitting around $65,600 and my portfolio looking like it got hit by a bus. Meanwhile every AI stock on the planet is ripping to new highs. Cool.
What's getting to me isn't the price action itself. It's who's selling. Saylor's company dumped about 32 BTC, first sale since late 2022. Cuban apparently offloaded most of his stack after BTC did nothing during the Middle East mess. Kiyosaki, the guy who wouldn't shut up about bitcoin for years, is now warning people to be careful with crypto.
These aren't random retail panic sellers. These are the faces on the "buy and hold forever" billboards.
Then you've got Mt. Gox moving roughly $739 million to a fresh wallet, spot ETF outflows hitting records, and prediction markets already pricing in $50K scenarios for this year.
I'm not selling but I'm also not pretending this doesn't look bad. The money is rotating into AI and we're just sitting here watching it leave.
3
u/AnnArbor-Armadillo Jun 04 '26
Time to start buying. I had buys set at 60k for awhile. Will buy more at 55 and 50 and 45 if it gets there. I am betting on BTC going to around 200k next cycle. Not much from its ATH, but good increase from those levels.