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Bitcoin News Alerts | Daily BTC News

974: CRYPTO INVESTORS READY TO DEPLOY $25 BILLION ONCE BITCOIN BOTTOM IS IN, ACCORDING TO QUANT ANALYST!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 1 July 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

On-chain insights platform CryptoQuant CEO Ki Young Ju says crypto investors did not leave the market despite this year’s downturn. According to Ju, the current dip that sent Bitcoin (BTC) plunging below $20,000 from an all-time high of nearly $70,000 can be considered the crypto market’s first recession. “Stablecoins sitting in exchanges are now worth half of Bitcoin reserve. We have $25 billion loaded bullets which can make crypto asset prices go up. The question is when, not how.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:58.1

In today's show, June closed barely beats 2017 high as Coinbase premium flips positive.

1:04.0

That's right. Bitcoin finished June 22, just below $20,000 after our last minute pump, saw the Bulls escape.

1:10.6

40% monthly losses including

1:12.9

Michael Berry here adjusted for inflation 22 first half S&P 500 down 25 to 26% and NASDAQ down 34 to 35%

1:22.2

Bitcoin down 64 to 65%. That was multiple compression next up up, earnings compression. So maybe halfway there.

1:30.0

And quitting on-chain analysts will inclemente. Bitcoin's quarter two-quarterly candle is in the books.

1:35.0

The worst in its history. What a beauty. Bottoming accumulation signals everywhere.

1:39.9

Major funds and lenders going bus. Worst quarter ever, no coin or haters dunking on us,

1:45.0

whole timeline saying, this time is different. If we're finding an accumulation zone,

1:49.3

we'll likely still see months of boring and capitulation through time. And as REC Capital

1:54.2

shares here, Bitcoin has reached historic levels of overselling. At some point, this extreme

1:58.8

overselling will coincide with the point of maximum

2:01.2

financial opportunity and also be sharing the latest updates from Plan B and breaking news just in.

2:07.0

Nigibou Kelle just bought 80 Bitcoin at $19,000 each. And he wrote here, Bitcoin is the future.

2:13.0

Thank you for selling cheap, including Dennis Porter. We built the money that has perfect scarcity

...

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