Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Wednesday, June 21st, and today you know we are talking Bitcoin

bullishness. Before we get into that, if you are enjoying The Breakdown, please go subscribe to it,

give it a rating, give it a review, or if you want to dive deeper into the conversation,

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All right, friends, it is vibe check time and the vibe is good.

Drew Morris yesterday tweeted not always easy to tell the difference between hoping for a

vibe shift and an actual legit vibe shift.

I quote tweeted it yesterday and said, this morning when we woke up, it was the former,

but now it's the latter. And as I sit here watching Bitcoin try to punch up above 30,000, I feel

even more strongly that that is the case. So what's going on? Well, let's talk price action first.

As soon as the bell rang on Tuesday morning, market participants were hitting the bid on Bitcoin.

Over the course of the morning, Bitcoin punched through the 28,000 participants were hitting the bid on Bitcoin. Over the course

of the morning, Bitcoin punched through the 28,000 level on the back of heavy volume. Price action

was a little less violent in the afternoon, but still up into the right, ending the day with a

5.8% gain. Market action was firmly focused on Bitcoin with other major coins left in the dust.

Ethereum, for example, saw a robust but still comparatively weak 3.4% gain on the day.

And obviously overnight and into this morning, that price action just continued.

Now, in terms of the total crypto market cap, Bitcoin has now moved above a 50% waiting for the

first time in two years.

Joe DiPasquale, CEO of Crypto Fund Manager Bitbull Capital, said, it wouldn't be surprising

...