Bitcoin Panic Is Spreading But One Major Catalyst Could Flip Everything

Added: 2026-06-01

[00:00:00]Welcome back to Crypto's R Us. I'm George.

[00:00:05]We're all George. Unfortunately, we're starting we're not starting we're still continuing to see outflows. So, you can see right here we had a pretty solid week of outflow. Yesterday was 229 million from Bitcoin and 121 million from ETH.

[00:00:26]So, this has been ongoing for a little bit.

[00:00:30]And obviously it's not a good thing when you have a lot of outflow. And same deal with liquidity. One-day change 817 million. And I covered this the day before was over a billion. So, last 7-day change 1.75 billion.

[00:00:50]So, right now it's definitely tough.

[00:00:53]The price is down. We got a lot of liquidations.

[00:00:57]We do have outflows at this point. There are a lot of fearful people.

[00:01:04]They're diverting away from crypto, right? And I can see how right now it is a little scary, a little funish. I can see why a lot of people are anxious, wondering if we're ever going to come back when it seems like things are not going our way. Right? That was the point of my video yesterday last night.

[00:01:31]This is one of those times where we're being tested.

[00:01:35]Right? We're weeding out the lettuce hands, the weak hands from the strong ones. The ones that have been holding and DCA-ing for a long time and understands that this will pass. But like right now it is tough to bear. Even Mark Cuban sold out.

[00:01:53]He said he sold his Bitcoin. He created a video like a few years ago saying that everyone should diversify and put some Bitcoin in their portfolio.

[00:02:03]Right? Now, he's like, "I sold all my Bitcoin because I don't believe in it anymore." So, it's like again, there are a lot of people that are flip-flopping.

[00:02:14]But, if you understand how crypto works, this is normal. During crypto winters, that's what you see.

[00:02:24]Right? There's a lot of fear, a lot of fud, there's a lot of selling, there's a lot of liquidity flowing out, but it happens every single time. And when there's crypto winter, you get a lot of scary headlines. Headlines around that that's meant to scare.

[00:02:45]Right? For example, I saw one today.

[00:02:50]This This is mostly through through one one account. Lookonchain, I think they were the ones that spread this.

[00:03:00]Uh Strategy moves 30 million Bitcoin to Coinbase amid sell speculation. Right? So, this is from Lookonchain.

[00:03:16]Is Saylor about to sell? They deposited 30 million into Coinbase Prime.

[00:03:22]I'm probably marking the odds of MicroStrategy selling uh MicroStrategy selling before December 31st have reached 84%. Right? There's no indication that that is a sell.

[00:03:34]Coinbase does custody.

[00:03:38]Okay?

[00:03:39]And does custody Bitcoin for Strategy.

[00:03:45]So, there's no indication that he is selling. It would be very, very odd for him to start selling small amounts now, especially considering he's still buying crazy amounts almost every single week. It makes no sense. But, you know, again, to my point, in crypto winter, when things are down, you got a lot of people spreading fud, creating fud, trying to, I don't know, drive the clicks still or views, right?

[00:04:13]And unfortunately, this happens all the time. And right now, we do have a lot of a lot of fud.

[00:04:19]A lot of fud.

[00:04:21]But, long-term investors, veterans, okay?

[00:04:28]Will see this opportunity as a buying opportunity. Even Larry Fink of BlackRock. Markets will rise and fall, bubbles come and go. The only thing matters is staying invested through every cycle.

[00:04:45]Again, long-term investors, long-term Bitcoiners will understand this.

[00:04:50]Okay? We go through these all the time.

[00:04:54]Up and downs, no matter what.

[00:04:58]Even times where it seems like there's no hope of coming back.

[00:05:03]But, Bitcoin always finds a way and does.

[00:05:05]And these times, when it's scary, is when you want to hold all and stay strong and DCA if you can.

[00:05:15]That's really what it comes down to.

[00:05:20]Right?

[00:05:21]You know big things are coming. They're in the works right now.

[00:05:27]And it's just a matter of having patience. For example, for example, we got some big announcement coming about the strategic Bitcoin reserve.

[00:05:40]You know, this could be monumental.

[00:05:42]Could be a huge catalyst. We already have a Bitcoin reserve, but it's been rumored that we will get some kind of additional info in regards to adding to that.

[00:05:56]And even the White House is saying that. And this is I think all aligned with the Clarity Act being passed. Right? Just one announcement can change the tone and all of a sudden reverse momentum right back, right? So, these are the reasons why you want to stay in the game.

[00:06:20]Who knows what they're going to say?

[00:06:21]Maybe the US will start selling bonds and use those to buy Bitcoin.

[00:06:29]Bitcoin bonds. Other countries have started it, maybe we're going to do the same thing. Or maybe there's other things that will happen. I don't know.

[00:06:37]Maybe part of the tariffs, the new tariffs, will go to buying Bitcoin.

[00:06:43]We don't know. We just I can speculate, but we just don't know. But they've been hyping this up for a while. I don't think it's just going to be a blanket like a like a really lame announcement. They've been hyping this up. I think they're working on something, and I think it's all aligned with the Clarity Act passing, which it will pass.

[00:07:03]So, that could make the next move massive, right? And again, the fundamentals haven't really shifted. Maybe if Wall Street have, and they're towards more AI, but you still have a lot of people, even states, that are loading up on Bitcoin. They're shifting from ETFs to direct Bitcoin.

[00:07:28]Right? So, nothing fundamentally has changed. In fact, fundamentally things have gotten better. Regulatory clarity is a huge one. Institutional adoption is a huge one.

[00:07:43]Right?

[00:07:44]And long-term holders haven't left.

[00:07:47]So, it's one of those times you just got to get through it. It's boring.

[00:07:52]It may be scary, but you got to get through it.