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Bankless

Bull Market Price Predictions With Ledger

Bankless

Bankless

Technology, News, Tech News

4.71.2K Ratings

🗓️ 17 August 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

Has the Bull Market even started yet? And if it hasn't, what does that mean for prices looking forward?

We're thrilled to be joined by Ledger who walks us through some charts and describes where he thinks we're headed.

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TIMESTAMPS

00:00 Start
05:37 BTC Dominance
11:04 Market Vibe Check
16:11 Price Discovery?
23:57 ETH BTC Ratio
30:28 Narrative Winds
40:24 Relative Weakness
46:01 Trading Strategy
48:54 DeFi Summer Breakout
52:43 Looking Forward

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RESOURCES

Ledger: https://x.com/ledgerstatus 

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

Transcript

Click on a timestamp to play from that location

0:00.0

Ethereum in the 2000s is cheap. I think Solana in the 100s is cheap and I think

0:04.8

Bitcoin under a hundred k is cheap. I think quarter million to half a million

0:08.8

dollar Bitcoin makes complete sense and I think that ten thousand dollar ethereal makes complete sense and I think that $10,000 a theory makes complete sense and I think that you know

0:15.6

$500 salana makes complete sense and I don't think those are that aggressive as targets. some technical analysis and trading charts and we're doing it with our friend

0:34.4

Ledger from Ledger cast ledger from up only. Ledger is a friend of pot

0:39.9

certainly and whenever I want to look at charts I need some help because I'm not a chart

0:44.8

person so we bring on Ledger to help navigate some charts.

0:48.2

I present Ledger with four charts to kick the conversations off, Bitcoin dominance, the Eath BTC ratio, the Eath Solana

0:55.2

ratio, and then the Solana U.S.D price.

0:58.7

As we have all kind of passed through the market turmoil of the Japanese-Yenne debacle that kind of permeated

1:06.0

rippled throughout all the markets.

1:07.0

I think this is an opportunity to just check in,

1:10.0

check in and zoom out.

1:11.0

I think these four charts that I'm presenting ledger with kind of tell a story and I

1:14.9

want to see his, hear his interpretations of them.

1:18.0

And then he also takes over and starts to drive the charts as well

1:21.8

opening up the Dixie chart the

1:23.7

interest the 10-year interest rate chart as well as a few others and just you

1:28.9

know Ledger's a wise man he's seen a sting or two in the markets and so just always want to get his perspective as to where we are when we look at the charts and what this means for crypto as we move forward.

1:40.0

So it's a pretty fun conversation. I hope you all enjoy it. Let's go ahead and get right to that conversation with Ledger, but first a moment to talk about some of these fantastic sponsors that make this show possible.

1:48.5

Especially Krakan, if you have been compelled to make any moves as a result of this conversation.

1:53.0

I compel you.

...

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