Simon’s Warning Echoes as Bitcoin Collapses
Key Highlights:
• $150 billion erased from the crypto market as Bitcoin plunges below $105,000.
• Global investors flee to gold amid trade war escalation, banking stress, and U.S. shutdown paralysis.
Yello, Paradisers! The bloodbath that unfolded across crypto markets on Friday didn’t catch everyone by surprise, Simon from MyCryptoParadise warned about this exact scenario in our last YouTube stream, while citing a mysterious whale shorting Bitcoin worth $126 million.
Less than a week later, that prophecy is unfolding. Bitcoin plunged to $105,000, dragging the total crypto market cap down by $150 billion in just hours, according to MCP data pulled from CoinMarketCap.
The sell-off swept through every major asset: Ethereum fell 7.1%, Solana dropped 8.2%, and BNB crashed nearly 12%. XRP and Cardano weren’t spared either, tumbling close to double digits. It’s a synchronized slide that’s shaking confidence across both retail and institutional sectors, and, as Simon warned, “the fear phase is only halfway through.”
Global Chaos Fuels the Meltdown
The timing couldn’t be worse. The U.S. government shutdown is entering its third week, freezing key economic data, while Trump’s renewed 100% tariffs on Chinese imports have ignited a full-blown trade war.
In a Friday Truth Social post, the president accused Beijing of “holding the world hostage” with rare earth restrictions, sparking fears of retaliation and a wider economic standoff.
Within hours, risk assets from crypto to equities tanked. The total crypto market cap fell from $3.7 trillion to $3.55 trillion, while spot Bitcoin ETFs saw $536 million in redemptions, the largest single-day outflow since August.
Meanwhile, gold rallied 1.14% to $4,339 per ounce, extending its record-breaking run as investors rushed toward safety.
Cracks in the Banking System Widen
The tremors are spreading. Wall Street futures turned red as U.S. regional banks crumbled under loan stress. The SPDR Regional Banking ETF (KRE) plunged another 6%, marking its fourth straight weekly loss.
A subprime auto lender collapse, the bankruptcy of auto parts giant First Brands, and over $2 billion in undisclosed debt have triggered fresh comparisons to the 2008 financial crisis.
JPMorgan CEO Jamie Dimon added fuel to the fear, saying: “When you see one cockroach, there are probably more.”
A Perfect Storm of Fear
Between the shutdown, trade war, and banking panic, market confidence is collapsing. Institutional liquidity is vanishing, and for now, gold is the only clear winner.
Bitcoin’s fall is more than just a price correction, it’s the first real stress test of the post-ETF era, where institutions, not retail traders, control the majority of inflows.
If Simon’s projection holds, the $88,000 support zone could become the next battlefield for bulls and bears. And based on ETF flow data, the fight might be brutal.
Simon will dissect the full breakdown in our MCP YouTube stream, explaining how this crash was signaled in advance, what metrics traders missed, and whether the $88K zone could mark the start of a massive accumulation phase.
ParadiseFamilyVIP members are already positioned defensively, protecting capital while waiting for the setup Simon hinted might follow: “When fear peaks, professionals don’t panic, they accumulate.”
For those who want the real-time order flow, on-chain positioning maps, and insider recovery signals, MCP News Private delivers all that for just $3/month, less than a coffee, but worth far more when fear grips the markets.
