955: NEXT CRYPTO BULL CYCLE WILL START Q4 OF 2022 PREDICTS BITCOIN BILLIONAIRE MIKE NOVOGRATZ OF GALAXY DIGITAL!!

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Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 12 June 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mike Novogratz, the CEO of the crypto investment company Galaxy Digital, has recently predicted that the next bull cycle of Bitcoin (BTC), the largest cryptocurrency by market cap, could start in the fourth quarter of 2022. Novogratz shared this opinion at the Consensus 2022 conference in Austin, Texas. According to the billionaire investor, Bitcoin is not going to trade well until the Federal Reserve takes a break. “My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. Then Bitcoin will break from equities and lead markets… Rates are going to 5% in the U.S. I hope crypto can decouple.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:50.3	In today show, the Bitcoin price drops to its lowest level since May,
0:53.6	as the Ethereum market trades at an 18.4% loss in today's show, the Bitcoin price drops to its lowest level since May as the Ethereum market trades at an 18.4% loss.
0:57.5	In today's show, I'll be breaking down the latest technical analysis, including crypto capo.
1:01.4	If the price reaches to the low $20,000, you'll see most of crypto Twitter calling for $10,000 or even lower.
1:07.4	That will be the bottom confirmation and Van de Popp shares that we could be heading to
1:11.5	$26,000 to $24,000, including Glass Note analytics. With the price declines over the weekend,
1:17.5	the Ethereum market has fallen below the Ethereum, realized price of $1781, and quoting Mike McClone.
1:23.4	If the stock market keeps going down, virtually everything will have peaked. Just some normal reversion can feel like a crash in the 2020-2020.
1:31.1	Risk asset pump may go down in history like 1929 and 1999.
1:35.7	And as Plan B shares here, when Bitcoin equals 18-Eath, just like five years ago in April, 2017, including Edward Snowden,
1:43.8	gold is just Bitcoin that can't be sent
1:45.7	over the internet, and quoting legendary investors Stan Drunken Miller. If we are going to have
1:49.8	an inflationary bull market, I want to own Bitcoin. Also in today's show, over $521 million
1:55.2	in crypto is liquidated in just 24 hours as Ethereum plummets to a 14-month low. Also in today's show,
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