3.6 • 626 Ratings
🗓️ 3 August 2021
⏱️ 21 minutes
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0:00.0 | In today's show, Bitcoin price dips below $38,000, with bullish traders eyeing a new higher |
0:05.1 | loan next. In today's show, I'll be breaking down the latest technical analysis. And as Pompeiano |
0:09.2 | points out, return over the last 12 months. Gold is down 10% while Bitcoin is up, 2149%. Bitcoin is |
0:16.3 | the true inflation hedge. That's right. And speaking of gold and Bitcoin, Willie Wu points out that gold and Bitcoin are now inversely correlated. What does that mean? It means Bitcoin is a black hole. Sucking in the world's capital. And gold is the first port of call. Special thanks to Peter Schiff for getting the word out on Bitcoin to gold investors. And as Bitcoin magazine points out, breaking news. Wells Fargo is offering Bitcoin and crypto exposure |
0:38.5 | to wealthy clients, according to Business Insider. Also in today's show, Ethereum 2 will help |
0:43.5 | Ether outpace Bitcoin. Penterra Capital CEO predicts, that's right, amid the looming Ethereum |
0:48.4 | London hard fork, Pintera Capital CEO, Dan Moorhead predicted that the upcoming upgrade |
0:53.2 | would likely help Ether outpace Bitcoin as the largest cryptocurrency. |
0:57.5 | And despite predicting a brighter future for Ethereum, Morhead is still optimistic about Bitcoin's growth in the future. |
1:02.9 | The CEO reportedly predicted that Bitcoin would trade between 80 and $90,000 by the end of this year in 2021. |
1:09.1 | And rising above $120,000 within a year. |
1:12.2 | Surging mainstream adoption confer the drive Bitcoin's price to as high as $700,000 in the next |
1:17.8 | decade. |
1:18.5 | More head noted. |
1:19.3 | I'll be breaking this down for you. |
1:20.6 | Also in today's show, here's a realistic price path for Bitcoin this cycle, according to on-chain analysts, |
1:26.0 | Wooly Woo. |
1:26.6 | That's right, in a new episode of |
1:27.7 | the What Bitcoin did podcast, Wu names a few key levels that can trigger a continuation |
1:31.6 | of the Bitcoin bull market. Also in today's show, Bitcoin chart fractal suggests Bitcoin |
1:36.7 | price will rally to at least $80,000 by September. That's right, Nanya Business, an independent |
1:42.6 | market analyst posted the bullish setup on |
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