3.6 • 626 Ratings
🗓️ 3 July 2022
⏱️ 20 minutes
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0:30.0 | In today's show, Bitcoin's inverse correlation with the U.S. dollar hits 17-month highs. |
0:35.1 | We'll be discussing what's next for the King Crypto and checking out the |
0:38.0 | U.S. Dollar Currency Index chart here. What's better than a double top? The dollar is |
0:41.9 | extremely overbought and overheated. Finally looking like it will topple down hard and perfect |
0:46.9 | confluence for a melt-up scenario. When the dollar goes down, stocks and crypto rally. |
0:52.0 | And as CZ shares here, banks now use Bitcoin for reserves, probably nothing, |
0:56.4 | bank for international settlements to allow banks to keep 1% of reserves in Bitcoin. And this just |
1:01.9 | in breaking news, one of the largest U.S. energy providers, Duke Energy, is studying the benefits |
1:07.1 | of Bitcoin mining. Also in today's show, Bitcoin addresses and loss hit an all-time high |
1:12.1 | amid $18,000 Bitcoin price target, quoting crypto Tony here, looking for a push down to the lower |
1:18.2 | support zone at $18,000 while we're below 19,300, quick scalp and tight and validation, including |
1:25.8 | Matthew Highland, Bitcoin Bollinger bands tightening on the daily |
1:28.9 | time frame as displayed on the width indicator, and quoting on-chain college, almost $40 billion |
1:34.3 | in Bitcoin net realized losses since May 1st. Some have quit, some have stuck around. One thing is for |
1:40.3 | sure, if you've been in the space of the last year and you're still here, you've been through quite a lot of volatility. Also in today's show, macro guru guru Rao Pao predicts how |
1:49.6 | recession unfolds and says crypto and technology only sectors are outpacing inflation. |
1:55.1 | Quoting him here, not so fun macro thoughts, fighting 8% CPI. We have destroyed so far, 21% of the global GDP and equity values, |
2:03.7 | 10% of the global GDP and bond values, 5% in other assets, assume probably another 2% to 3% of GDP growth. |
2:11.1 | Also in today's show, Ark Invest Kathy Wood says crypto is going to work in the long run and explains why. |
2:17.1 | Quoting her here, I will say |
... |
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