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Bitcoin News Alerts | Daily BTC News

810: IS BITCOIN MIMICKING RISE OF AMAZON?! MOST BULLISH MACRO BACKDROP IN 75 YEARS!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 10 January 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Macro guru and Real Vision chief executive Raoul Pal is looking at the historical price action of e-commerce titan Amazon and comparing it to the performance of Bitcoin (BTC) since 2013. According to the macro guru, if Bitcoin is to follow Amazon’s price action in 2010, it is possible for the leading cryptocurrency to revisit crucial support at $30,000. Pal also adds that based on Metcalfe’s Law, Bitcoin’s value should be hovering around $100,000, suggesting that BTC is tremendously undervalued at its current price. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:22.8

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0:29.7

In today's show, most bullish backdrop in 75 years. I'll be sharing the five things to watch out

0:34.5

for in the Bitcoin market this week, as Dan Tapiero shares here,

0:42.7

most bullish macro backdrop in 75 years, booming economy supported by massive negative real rates,

0:46.9

federal never equalized rates with inflation, stay long stocks and Bitcoin and ETH,

0:51.6

hoddle through the short-term volatility, real dollar cash savings will continue to lose value. And as Rack Capital points out here, weekly closed under 43,200,

0:55.4

and Bitcoin could revisit the red area below, 42,000, which we're witnessing right now.

1:00.2

Also be sharing the latest updates from Pentoshi and the Bitcoin Archive. And as on-chain

1:04.2

analyst, Dylan LeClair, shares here, Bitcoin hash rate and price going up forever and checking

1:09.7

out the latest from Plan B. I know some people

1:11.7

have lost faith in this Bitcoin bull market. However, we're only halfway into the cycle. And although

1:16.4

Bitcoin experiences some turbulences at $1 trillion, the yellow gold cluster as stock to flow

1:21.6

60 slash 10 trillion is still the target. In my opinion, what if? And remember that chick that made

1:27.2

over $200,000 selling her

1:28.8

fart in a jar? Well, here's an update. After Mato had to go to the hospital. And after a doctor told her

1:34.0

that the farting idea was causing her to get hospitalized, she decided to sell her farts as

1:38.7

NFT collectibles. You can't make this stuff up. Also in today's show, Disney patents technology for a theme park

1:45.0

metaverse. That's right. The multinational entertainment giant was approved for a virtual world

1:49.5

simulator patent during last week of December 2021. Also in today's show, Breaking News,

1:54.9

Binance CEO, Shang Ping Zhao is now the richest crypto billionaire and $96 billion.

1:59.3

According to Bloomberg, the 44-year-old

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