1605: “Bitcoin is a Runaway Train on Track to $400,000” - Novogratz

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3.6 • 626 Ratings

🗓️ 10 April 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Billionaire Mike Novogratz Says Great Setup Coming for Bitcoin (BTC) and Precious Metals As Potential Rate Cuts Loom: “What worries me, quite frankly, is that we do get into the runaway train in crypto. There is a scenario where you can see Bitcoin become a runaway train. It’s just self-fulfilling and it eats itself. You’re not at $100,000, but you’re at $300,000 or $400,000. It’s not my base case, but I can make that scenario up." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In today's show, I'll be breaking down the latest Bitcoin technical analysis, as well as breaking news just in.
0:05.5	The SEC just declared war on crypto. That's right. Today, Uniswap Labs received a Wells notice from the SEC.
0:13.1	I'll be breaking this down for you, as well as the latest from the high priest of Bitcoin, Max Kaiser, quoting them here.
0:18.1	Rates bottom, the 10 years going to 8% plus. Inflation is out of control.
0:22.9	Bitcoin, $220,000 in play. Send it. Also, more breaking news, Joe. Hong Kong set to approve
0:29.8	their spot Bitcoin ETFs next week. According to these latest reports, are you prepared? I'll be
0:35.4	breaking it down for you, as well as Bitcoin having
0:37.8	price influence has been diminished. Demand, that is, now a key driver, according to analytics
0:43.4	platform, crypto-quant. We'll also be discussing trader Peter Brandt predicts breakout rally for
0:48.7	Bitcoin amid this basic bull market pattern, but there is a catch. I'm also going to be sharing
0:53.3	with you a $169,000 Bitcoin price prediction, post-Bitcoin
0:58.3	halving.
0:58.9	And we're also going to be discussing the latest from Mike Novogratz, who has recently
1:02.3	interviewed and projects Bitcoin hitting as high as $400,000 this cycle.
1:07.6	We'll also be taking a look at the overall crypto market, all this, plus so much more
1:12.0	in today's show.
1:17.2	Yo, what's good, crypto fam? This is first and foremost a video show. So if you want the full
1:24.3	premium experience with video, visit my YouTube channel at
1:27.9	CryptoNewsalerts.net. Again, that's CryptoNewsalerts.net. Now, welcome, crypto fan. We back above
1:35.8	70Gs, baby. Today is pod episode number 16005. I'm your host JV and it's April 10th,
1:43.3	2024, just roughly eight days away from a
1:46.2	Bitcoin halving something that only occurs in the Cryptosphere every four years. But let's kick
	...

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