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Fat Pitch #2

BTC is undergoing its 2nd capitulation of the bear market

June 3, 2026 • Michael Nadeau
Fat Pitch #2

Topics Covered

Hello readers,

BTC is currently experiencing its 2nd capitulation of the bear market. At the time of writing, the price is $65.8k, now 20% off the $82.3k high achieved on May 10th, and 47% off the prior cycle high.

In this week’s report, we share an update on current market conditions + details on portfolio management (changes this week and our thinking moving forward).

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Current Conditions Update

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