In today's show, Bitcoin of liquid supply is going up relentlessly. In today's show, I'll be sharing the five things to watch out for in the Bitcoin market this week. And as me, Calvin Day Pop shares here. Now, Bitcoin will fight 34,100 to 34,400, if that reclaims potential test at $38,000 possible range play at this point. And as venture founder shares, the worst thumbs Bitcoin has ever had were due to minor capitulation in December 2018 and March of 2020.

When Bitcoin fell below production costs, it is at risk for minor capitulation.

Bitcoin was at risk for minor capitulation at $30,000 in June and is at risk now again at $34,000.

And as tech dev shares here, current Bitcoin weekly RSI is 37,

all bare bottoms between 29 and 35, March 2020 crash, 35, closer to a bottom than a top, in my opinion.

Also in today's show, no regrets for New York City Mayor Eric Adams, receiving his first Bitcoin

paycheck during the dip in a recent interview on CNN. He says,

the purpose of Bitcoin is to send the message that NYC is open to technology, and quoting him again

here, is the same as when I invested in the stock market. We saw a drastic drop during 2018 and other

times. The purpose of Bitcoin is to send the message that New York City is open to technology.

We want to see a large

amount of new technology in the city, a New York, and to encourage our young people to engage in

these emerging markets. Also in today's show, Bitcoin enters value zone as Bitcoin price

floor metric goes green. Once again, that's Charles Edwards of Capriola Investment shares here.

Hello, NBT old friend valuing the Bitcoin network based on transaction value.

Thruput suggests we have entered the value zone.

And as Wolf Wall Street shares here, people have short memories in May.

Bitcoin went from 60 to 30,000 in 10 days.

10 days.

That was much more aggressive on a much higher volume.

It was only eight months ago.

We had been here before.

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