Something been bothering me…

If you’ve been following Monument Traders Alliance for any length of time, you know Bryan and I hate crypto with a passion.

We trade crypto only because subscribers asked for it.

So we put on a few crypto trades.

But for every big winner we’ve had in crypto – we’ve also had a loser that’s taken all of our gains away.

Despite plenty of tailwinds, Bitcoin hasn’t been trading like the revolutionary technology its fans claim it is.

Take a look at the latest chart on Bitcoin below.

Bitcoin reversed yesterday, and it’s sitting around $75,000 at the time of this writing. It’s the lowest level since November 2024. If it breaks below $70,000, the next level of support is around $50,000.

I know pro-crypto people are going to say…

“This is normal. Buy more. This is a great opportunity. I’m holding on forever.”

The truth is…

We have one of the most crypto-friendly governments right now.

During his 2024 presidential campaign, Donald Trump said he wanted to make the United States the “crypto capital of the world.” He even signed executive orders to support digital assets shortly after taking office in 2025.

So why the F are traders selling crypto from $125,000 down to $75,000?

It doesn’t make sense. This sell-off flies in the face of everything we’ve heard about how great crypto is. How the government is deregulating it. How everybody in the government is investing in crypto.

It’s also not trading like a hedge against the Nasdaq either. Instead, it trades like a high beta tech stock ‑ but more volatile. I don’t see high beta tech stocks down 50%.

Again, I know the pro-crypto crowd is going to say…

“Every time Bitcoin goes down, it has a 50% retracement or 60% retracement or something like that.”

I say “go for it.”

Bryan and I don’t share the conviction others have on crypto. Who wants to be part of a 50% drawdown?

Maybe there’s something there long term, but I’ve seen a lot of tulips.

Crypto might go down as the biggest tulip of them all.

YOUR ACTION PLAN

While Bryan and I are moving away from crypto, we recently shared insider-buying opportunities in pharma (including Abbott Labs). We also have deep-value setups like Nike and high-risk/high-reward setups like Navitas.

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