3.6 • 626 Ratings
🗓️ 19 April 2022
⏱️ 20 minutes
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0:00.0 | In today's show, Bitcoin hoddlers target in $100,000 is what's preventing a 40% price drawdown. |
0:06.0 | New data suggests, as root points out here, with the hoddle army growing, it's allowing us to make new all-time highs without barely any short-term hoddlers in the market. |
0:14.6 | Since we didn't reach prices above $100,000, which so many expected, many still believe this will eventually happen and might therefore hold on |
0:22.2 | to their coins. And as shared here by Crypto Rover, big Bitcoin pump incoming, the average return from |
0:27.6 | this 12-hour bullish divergence is around 30%, suggesting that Bitcoin could just trade back up to |
0:33.1 | $50,000 near to end of this week, send it. And as pointed out here by the Bitcoin |
0:37.7 | Archive, when exchange supply goes down, Bitcoin price goes up consistent since March 2020. |
0:43.9 | Supply is going down again. And this just in breaking news, $1 billion is expected to flow |
0:49.4 | and to Australia's first Bitcoin ETF when it lists next week. According to the Australian Financial Review, |
0:55.5 | and Eric Balchunez, the senior ETF analyst at Bloomberg, shared the following. Australia is the |
1:00.7 | eighth country to approve a spot Bitcoin ETF, the Cosmos Bitcoin ETF to list on April 27th. |
1:07.4 | And there are rumors that Banach and Bet Beta shares will launch too. They expected to bring |
1:11.3 | $1 billion right off the bat. That's the equivalent of $100 billion in the U.S. Also in today's |
1:17.0 | show, Ethereum Price Bear Flag could sink Ethereum price to $2,000 after a 20% decline in three |
1:23.2 | weeks, quoting dupe cashier, each still experiencing selling pressure from the people that |
1:28.2 | wanted to make a quick buck on the merge. At some moment in time, we will find equilibrium. |
1:32.8 | I'm not interested in predicting this bottom. I just want to accumulate as much as I can before we |
1:37.5 | get there. And as Lark Davis shares at negative 2.8% supply growth a year post-merge, Ethereum will |
1:43.4 | see about 3.3 million eth, a year burned. By the end of |
1:46.8 | the decade, the total eat supply will drop under 100 million. Or put another way, we will burn the |
1:51.8 | equivalent of all eth currently sitting on the exchanges. Also in today's show, there are three |
1:56.8 | indicators with historic track record for calling Bitcoin rallies flash and bullish. And at the same |
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