985: MAJORITY OF WALL STREET INVESTORS EXPECT BITCOIN TO PLUNGE TO THIS NEW LOW!!

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3.6 • 626 Ratings

🗓️ 13 July 2022

⏱️ 23 minutes

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Summary

A new study finds that many Wall Street investors believe Bitcoin hasn’t bottomed out and will fall to nearly half its current value. A new Bloomberg MLIV Pulse survey says it asked 950 Wall Street investors whether they expected the king crypto (BTC) to first recapture the $30,000 level or fall to $10,000, with 60% saying they agreed with the bearish scenario. The poll ran from July 5th to 8th, during which time Bitcoin ranged from a low of $19,420 up to as high as $22,109. At Bitcoin’s current price of $19,883, the leading crypto asset by market cap would have to drop by 49.7% to be priced at $10,000. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:55.3	Y2K. That's Y2K spelt WHY2K. In today's show, Bitcoin circles $20,000 pre-CPI, amid warning
1:04.9	that the Fed risks blowing up the economy. In today's show, I'll be breaking out the latest
1:08.8	technical analysis. And as pointed out here, new inflation record high on the year. At least that show, I'll be breaking on the latest technical analysis. And as pointed out
1:10.8	here, new inflation record high on the year. At least that's what I'm now forecasting for June
1:15.4	CPI. I forecast 8.8% year over year, breaking the previous 41 year record of 8.6%. Set last month,
1:23.7	month over month, this would be 1.2%. And Bitboy agrees CPI coming out at 8.8% today.
1:29.9	Watch, I've got a strong feeling. This is the number. And quoting crypto analysts,
1:33.9	Mikalvindipop. Area to hold for Bitcoin, 19,500. Otherwise, we'll be cascading south some more.
1:40.2	The resistance at 19,800 is an important one one cracking that and we could be shooting off.
	...

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