Market crashes often occur when multiple negative factors converge simultaneously, creating a 'confluence of nastiness' that amplifies price declines beyond what any single factor would cause. In this case, three major catalysts are driving XRP and crypto market declines: (1) Legislative delays in the XRP Clarity Act, which has been pushed back multiple times and is now unlikely to pass until December; (2) Institutional selling pressure from Michael Sailor's company, which sold 32 out of 843,000 Bitcoin at $77,000 per coin while the market dropped to $62,000, removing key support levels; and (3) Geopolitical tensions with Iran that could cause oil prices to spike if no agreement is reached by late June, potentially pushing gas prices to $5 per gallon and triggering broader market corrections.
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XRP SPACEX HOLDERS! ‼️ Know This BEFORE FRIDAY 🚨追加:
Two main reasons, folks. That's what we're looking at. XRP family, welcome back. We see XRP crashing down, but it's not alone. It's not the catalyst that is causing the pain train to come to the station. It is absolutely two uh you know what, change it. Make it three big reasons why this thing is happening. And they are a confluence of nastiness. I can't even spell confluence, but I'm going to use the word because it is appropriate. a confluence of nastiness hitting at the same exact time. Hit the like button because I said it twice without messing it up. Welcome back. I am Stock Mo, ready to help you out with this crypto world. You guys know I have absolutely moved a ton of my crypto move uh money I should say into some of the SpaceX uh moves that I've been doing.
You guys know we got all kinds of other plays I've been moving it into. getting ready to take advantage of what I think's going to happen with the Iran and the US talks with the SpaceX IPO, all of it. But and the energy, man, the price of oil. Are you guys paying attention? Gas is actually dropping. It was at 3.99 a gallon in Pennsylvania.
Let's go. Let's go. How much is it a gallon where you're at? Put it in the comments down below. I want to know because it's down to 3.99. It was $459.
is down 60 cents a gallon in the last few weeks. Like one to two weeks, I would say you wouldn't know it the way you're hearing in the news about everything's, you know, there's no negotiations. But but gas is still low.
How is it going lower? It doesn't make sense, man. I'm telling you what, there's a disconnect. Well, add it all up. It's going to be one of the reasons.
So, we got a lot to talk about. Wait till you see these reasons. Senator Lumis, I heard what you said. You got me nervous. Michael Sailor, you got me nervous. Uh Iran in the US, you got me nervous. We got a lot to talk about. But hey, we are on fire in the Discord, folks. First link down below. Code Breads Live B A D. You can join today and get in there. Come on over and check it out. Make sure you take advantage.
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You are in forever. You're riding along the research, the expert traders, myself, the live trades, the it's incredible. My personal indicator, Redbot V2 coming out shortly as well. A lot to be talked about. And for those that are not in there, you can get my updates down at the bottom. It's up to you. All right, folks. That's the first link down below or you can go directly to my my lifetime checkout there with Code Bread as well. Your call. Uh here's the deal. Let's just go right to Senator Lumis first. she has come out and she stated uh multiple different sites are showing this and it was interesting to me because I was in there and I knew she said something about the the date. I had some people say, you know, Lumis is pushing this the the narrative to having it before the 4th of July, which President Trump wanted a bill on his desk to sign for the crypto. He wanted the Clarity Act on his desk July 4th.
Good luck. Good luck. I don't think we're going to get anything out there on that desk by July 4th. They are fighting tooth and nail left and right. They are starting to do all kinds of votes down in the House against what he wants. Like it it's getting wild. And so, do you think they're really going to come together and start working together and everything else on the Clarity Act?
They're dealing with the war. They're dealing with all this stuff. Um, it's finding next to it's getting next to impossible to find any time for the floor for the Clarity Act. Lumis has stated the final Senate vote on the Clarity Act. Remember, they keep pushing this thing back. Remember, it was supposed to be done in April, then March or March, then April, then May. They said, "Let's get it to the president by May. Now we're trying to get the president by June or July 4th. Now what?
It's now more likely to happen before the August recess." So, we got to wait all the way to August. Now, August, we might be able to get more likely. Didn't say it would happen. It's more likely.
I'm going to tell you right up front. My humble opinion is it not getting done until October, November, or December.
And my money's on December lame duck session. Um, that's where my money's at with everything that's going on right now. It it it's just absolutely horrendous.
All the the battling. It's an election year. Uh you're seeing these votes. man, you're not there's not a lot of love out there right now for the for the Clarity Act to get done. And you would think there would be, but it's not. Now, that's one catalyst. That is, you know, if you put that catalyst out there, I'm going to put this in there because I want to see what it is. Boom. Pull this up. I still think it gets done by December at the latest. I'm I'm on the side of this right here. So the clarity act vote by the poly market 57% chance.
I'm actually on that side. I actually believe it will get done but not until the end of the year. So if it's not going to get done till October, November, December in my humble opinion, and I'm leaning more towards December.
If that's the case, and I hope I'm wrong. I hope to God I'm wrong. Um, and this thing passes surprisingly quick. I don't think it will, but if it does, hey, hey, fantastic. Um, this is what I'm watching for. I think it gets done la late in the year before the new the new session comes in the the Congress. And we'll wait and see. The problem I have is this one. This is the one that changed everything. I can't tell you what a massive, massive piece of information this is. And for everybody saying, why is XRP crashing?
Why is Bitcoin crashing? wise. And you would say, Mo, they only sold two mill $2.5 million worth of Bitcoin. They only sold 32 out of the $843,000 they got. They only sold 32. That's nothing compared to that. Oh, really?
Remember the they they spoke of holding, you know, they never have to get rid of it. and any sale was a big sale by them when the underlying thought was they would never sell a crypto. They just sold and they used the funds for what?
The proceeds are being used to fund distributions on the company's preferred stock. You didn't have enough money to pay back stockholders and now you have to sell the exact assets that you're holding that everybody wants to make money on. And now they're dropping more.
In other words, you're going to have to sell even more Bitcoin because they just lost the value. When they sold them, they sold them at 77,000 per coin. What are they selling for now, folks? Giddy up. Let's go take a look. They're now at 62,000.
They dropped 15,000 since the Well, since they sold at 77 was their average.
So, they sold right in here. They were selling right in here. You got to June 1st and I think somebody knew because look at this dropping as they probably sold. Um and look at this right here.
June 1st they reported it from June 1st their report was 735 and they are now down to 62. This thing has dropped like a rock just threw a bucket of feathers man. It is going down. Why? Because Michael Sailor has stated without his buying, and he said this in the past, he would expect Bitcoin to be at 45 to 50,000 without the support of strategy buying Bitcoin on weekly buys. Well, they're not buying anymore. They're selling. Crypto's dropping. They're selling. I am going to listen to him.
And if he said that they have uh they supported the market like that, well, that tells me everything I need to know.
And right here, folks, you want to know you want to know go time? This right here, my friends, is go time. This was the low candles of the monster oversold.
And look where we're at right now. We are back. And I am telling you this, I am nervous. I am nervous. Not as nervous as I could be if I held the entire position, but you guys know I rotated quickly as we started breaking technical barriers. That's why you joined the Discord. We moved that money into places that start to go green. And we're going to play that SpaceX IPO. That's going to be fun fun. You see, I'm talking to you, Echoar. I'm watching you. This is going to be a lot of fun. So, guys, I'm going to be doing videos on both. Uh, I got plays I've been moving my money into, but I'm going to tell you right now, we are at a critical line in the sand. That 62 is exactly, look at this. Test, test, test. And here we go. We're right there.
If this confirms below, folks, you are going down to 60. Like I already told you, I thought we were. Remember, I told you up here, I thought we were going all the way down to 60. We're almost there.
A little bit more. We're 627. I told you at this point if we listen to Michael Sailor 50 to 40 right in this zone. He said without the weekly buys we should be at 40 to 50,000. Oh don't worry you just set the stage for I think we're going. Why? Because you said so. I can't control the market. I'm just stock mo.
But if you're Michael Sailor and you have 800,000 Bitcoin and you make a statement that says the weekly, you know, the weekly buying helps support it to keep if without that we'd be close to 40 to 50,000 for Bitcoin. That's scary stuff. And then you say we sold now well you're not buying there goes the support and now we have downward pressure.
That's point number two I wanted to make. One was Lumis. two was exactly what I just told you. Michael Sailor and strategy. Now we move over to XRP and I'm going to give you point number three. All right, same situation here.
What's going on, Mo? Let's talk business right here. And we just broke and this is terrifying as a investor into XRP, which I still have. Look at this right here. This was the low of that massive selloff. Oh, I don't even have it on there. Come on. We're going to get over here and do it right. Coinbase. There you go. Oh, right. There we go. Right here. This is the low. I told you if we hit this, we are going all the way down to 111. All right. So, if we broke that, which I know we did, we confirmed a couple days ago and I told you we're going to 111. I had people, no, we're not. No, we're not. Look where we're at right now. 113. You're two cents away, folks. You don't have to like my charts, but they are absolutely solid. That's why you subscribe to this channel. I am going to give you the heads up of what's going to happen and it's happening. And well, what do you mean? I sold all the way through there. We broke right up here with my indicator. You get my indicator in the Discord and it broke right here. These two big warning signs.
You could have got it at 141. Now you're at 111, 113. We're gonna be at 111, I'm telling you. Um, and that's what we're watching. So, I expect to hit this. I also expect to hopefully see some bulls step up. I don't know if they will, but I'm hoping for it. We haven't had that massive selloff yet. That one day where you're dropping down to like a buck and then all of a sudden you have that ricochet back up. We haven't had that yet. But that gets me to point number three. XRP. I know you guys watching Bitcoin for those following this channel. I'm going be covering SpaceX, Echoar, a whole bunch of them. XRP, Bitcoin, all of it. But I'm going to tell you guys something. This when when I look at this, I know the energy is it's going to cause something big if they don't have an agreement soon. And I'm watching the Q's. Now, here are the Q's. Take a look at the Q's. The Q's kind of are the things I watch as a leading indicator, but look how it's just a disconnect. The Q's trade basically a little bit up. You know, it's the NASDAQ 100 a little bit down.
All of a sudden, a straight arrow up.
Like, this is a rocket. It's unbelievable. 557 all the way up to 750 almost. Al almost that is a massive gain. Massive gain.
And when you get this kind of gain and the disconnect between value of the underlying assets to the overall GDP and everything else, there's time for a correction. You can tell it's not if, but when. We're at RSI above 75.
Starting to get a little volatility. Um, I'm going to tell you what I'm watching here. Here's what I think's going to happen. And I'm going to put this right here. All right. So, for those wondering, if this finishes underneath here, a finishing candle underneath here, I think we are absolutely dipping hard. And I will be playing the dip. But I'm going to watch this. I'm going to make my moves. We're going to see how it goes.
And why do I say that? Well, I think this time may be a little different. If they don't get an agreement with Iran by the end of June, first two weeks of July, the supplies are so low that that you can see all the CEOs saying, "If we don't have this solved in the next four to six weeks, you're going to see the cost passed on to consumers in a big way." And that, my friends, and I saw American Airlines shutting down routes because of jet fuel. Prices are starting to get carried away. It's just the beginning. Every day that goes by that we don't have an agreement with Iran, it gets nasty. And if they start attacks again, the US starts attacks again, it gets really nasty. So, there's a lot going on behind the scene and I'm watching it and it's making me nervous.
If you believe um pieces there, which I did for a while now, I realize, man, it's not what we think. And things are setting up in a strange situation with the House voting against Trump and his powers. Iran watches it and says, "Well, they're not even on his side. We can just hold this thing out, not negotiate at all." It really took a lot of strength away from the bargaining for the US. Actually hurt the US, I believe, in negotiations. Iran could just sit there and say, "Well, they they don't have any stomach for war. They're halfways around the world. we'll just sit here and say no and we'll see what happens and we'll keep doing the things we're doing. And I told you that's what they were known for. The the dragging of the feet and everything else. I've been telling you this since the 70s. They have always done that. And we're going to find out if it happens again. So if that happens, I actually think the price of fuel will go higher and higher and higher in the world economy depending if gas hits $5 a gallon. If it does, I'm watching gas right now. If I see gas get up to 411 or higher a gallon where I live, that means the price is now getting passed on and I'm going to get nervous and I think you'll see crypto drop and the equities drop and that's what I'm concerned about. And so, uh, we're going to find out how it goes. But if you are like, well, I don't have time to do everything you do. You don't have to. I do it. We have a whole team of people who are watching these markets 247, thousands of members in there. Come on over and join. First link down below.
Use code bread. Why? We got it to celebrate the Breadbot 2.0 coming out shortly. Um, code bread B R E A D at checkout. Save you 40% for a limited time. Get in there, folks. Uh, massive change. And I I want to tell you, you can join the lifetime right now. It's our best deal and you guys can get in there. I am pumped to see where we go.
We got a lot of moves. I'm going to be looking to buy more today. Getting set up for the ex for the SpaceX IPO as well. Folks, hit the like button, subscribe, join me over there. We're going to see what we can do to take advantage of it. I'll see you in the Discord.
>> Be sure to like and subscribe. Now, let's get out there and make some money.
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