3.6 • 626 Ratings
🗓️ 28 August 2022
⏱️ 22 minutes
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0:00.0 | In today's show, Bitcoin risked the worst August since 2015 has Holleller's brace for September, |
0:05.9 | quoting Trader Jay, historically September down month, September, and quoting Josh Rager, |
0:11.3 | equity markets in general isn't looking good right now. So this dip on Bitcoin is a reflection |
0:16.0 | on that. September in general isn't historically a great month. Possible dip here that ends up being buyer's opportunity for following months. |
0:23.6 | I'll be a spot buyer for long term on sub $20,000, including Galaxy trading. |
0:28.8 | Bitcoin on the monthly time frame. |
0:30.4 | Things look really ugly. |
0:31.6 | If in three days, the monthly candle closes below 20,000, this could trigger a big selloff |
0:36.2 | to at least 14,000, where the next big |
0:38.4 | support is located, including CZ, the Binance CEO, Bitcoin first got to $20,000. Five years ago, |
0:45.2 | Bitcoin is around $20,000 today. Today's price does not erase all the development and adoption |
0:50.1 | in the past five years. Price is just a reflection of mass psychology, not progress. Bitcoin |
0:55.8 | will be here five years later at a different price. Including Lark Davis, Bitcoin is going to a million |
1:01.1 | dollars per coin. Does it even really matter that much? If you bought it for 2030 or 40,000, the patient |
1:07.0 | will be rewarded. Also in today's show, Bitcoin mining difficulty set for eight-month |
1:11.8 | record gains despite the Bitcoin priced it. That's right. Bitcoin may have hit six-week lows under |
1:16.6 | $20,000, but its network fundamentals are anything but bearish. Also in today's show, |
1:22.3 | Crypto-Titan Coinbase says it's open to any Ethereum proof of work fork following the highly |
1:27.1 | anticipated merge scheduled to be released in a couple of weeks. |
1:30.3 | Quoting Coinbase here, Coinbase is committed to fully supporting the upgraded Ethereum, proof of stake chain following the merge. |
1:36.4 | Also in today's show, CEO of the company behind Avalanche says Capital is sitting on the sidelines waiting to jump into crypto and explains why. Quoting him here, |
1:45.2 | I personally think the winter will be here for a little bit longer, but what I'm really looking |
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