BTC stays above its 200-week moving average, with three straight green ETF-flow weeks and 1.3 million BTC accumulated by long-term-holder cohorts over 30 days, while the near-term battle is 63k–69k. The bigger macro setup is a scarcity squeeze: AI capex is burning cash at hyperscalers, memory and connectivity have become the bottlenecks, and data-center power demand is projected to quadruple over 10 years. On the other side, gold is losing ETF support even as central banks keep buying, while shorts keep getting punished and the video argues that being short all the time is a losing setup. The watchlist runs through BTC, MSTR-style crypto infrastructure, semis and networking, AI names, and power/space infrastructure as the next bottlenecks shift.
BTC ETF flows are positive for three straight weeks; a $300 million outflow today would flip this week negative, with the readout due around 8:00 tonight.
BTC is about $600 above the 200-week moving average; staying above it is framed as constructive, while a move above 69k is the bull-break trigger.
BTC tagged roughly 66k–67k early in the week, then pulled back to 64,124 at the time cited.
Long-term-holder net position change printed its largest green reading ever, with 1.3 million BTC accumulated over the last 30 days; 60k–63k is the buy zone and about 69k is resistance.
A 63k–69k chop range is possible for the next 2 months before a true bull break.
The Bitcoin Security Consortium has formed around ARK Invest, BLK, COIN, FIDO, Blockstream, MSTR, The Block, and Anchorage Digital to fund Bitcoin protocol security long term.
Japan has approved its BTC ETF; 1%–1.2% of Japanese household savings could flow in by 2028, implying about $18.4 billion from a $14.6 trillion idle-cash pool.
DeFi Dev Corporation is positioning for the “agentic AI world,” which needs thousands to millions of transactions per second and 20–40 millisecond finality; SOL is said to average 1,305 tps in 2026, 32x its debut speed and 7x faster than any other chain.
Poolin filed for bankruptcy owing about $173 million, including $164 million to customers, and the pain in miners/mining pools is pushing many BTC miners toward AI.
Illinois is proposing a 0.2% fee on digital-asset exchange, transfer, or custody value to raise about $60 million, despite a deficit in the billions, and the move is framed as industry-killing.
Elizabeth Warren is urging a vote against the Clarity Market Structure Bill, which is called dead on arrival; JPM is also said to hate the Clarity Act.
The SEC/senator push to kill crypto is described as real, tied to a claim that someone gave Gary Gensler notes this week to kill crypto.
GOOGL, TSLA, AMZN, MSFT, META, and other hyperscalers were warned at the start of the year that AI capex would be heavy; GOOGL is now said to have negative free cash flow for the first time in its history and TSLA is also hit by the burn.
Marvell CEO Matt Murphy’s bottleneck chain is processors → memory → connectivity; MRVL is positioned in optical DSPs, customer silicon, and Ethernet, while Intel is quoted on memory access being the real problem, not memory cost.
On Elon’s call two days earlier, he thanked MU for supplying the memory needed for Optimus robots; a bottleneck chart also names CREDO, AVGO, Ayla, MRVL, and CIEN, while 1.6 TB/s is cited as beyond copper and requiring optics.
Jensen Huang is quoted calling MRVL a trillion-dollar company, but MRVL trades under $200 billion, implying roughly 5x upside to that valuation.
PJM, ERCOT, MISO, and other operators are forecast to see data-center energy demand 4x over the next 10 years; data centers could reach 20% of US electricity use by 2035 from about 5% today.
Solar in space and space-based compute are framed as escapes from cooling, regulation, and real-estate constraints, with Starship 13 and data-center satellites the size of IA-1s and Starlink V3 mentioned as near peers.
The US is said to have created 441,078 new millionaires in 2025, about half of all new millionaires globally despite being 4% of world population, driven by stocks including Anthropic, OpenAI, AI names, and SpaceX.
ANTHROPIC is claimed to have opened a $33 billion revenue lead over OPENAI, with revenue still growing despite open-source competition like Kimmy K3; a trillion-dollar valuation for Anthropic is called feasible, while OPENAI at $1 trillion is called much less plausible unless revenue changes.
Kimmy K3 is said to cost about $7 million to set up and require 1.4 TB of memory, reinforcing the claim that memory is now scarce.
US money-market funds hold $8.4 trillion, up from above $8 trillion a few weeks earlier; Fidelity is said to hold the biggest chunk, with customers hoarding about $1.85 trillion, and the cash is described as rapidly debasing in real terms.
Shorts had a great week, with TSLA called a good short; short-only hedge funds are said to have been crushed from 60 down to five over 15 years, with Melvin Capital, Jim Chanos on TSLA, and Michael Burry on NVDA cited as wrecked examples.
GLD ETF outflows are said to total about $7.5 billion since March versus about $1.2 billion out of BTC ETFs, even as central banks like China keep buying gold.
Gold is under its 200-day moving average for the first time since 2022, after running to about 5,500 and then sliding to around 4,000; the BTC/gold ratio is expected to swing from 10–12 ounces of gold per BTC back to 35–42 soon.
Oil is expected to rise because Saudi exports are being rerouted around the Cape of Good Hope, turning a 19-day trip to Taiwan into 48 days and burning far more fuel.
The EU is projected to make $3.8 billion this year suing US tech firms, more than from minting tax on its own public tech companies; that cash is urged toward European AI companies, AI data centers, and power buildout to compete with China.