Is the Bitcoin Cycle Broken? With The Rational Root - WBD835

Mr Obnoxious

Peter McCormack

Technology, News, Politics, Money, Investing, Finance, Bitcoin

4.8 • 2.7K Ratings

🗓️ 5 July 2024

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Rational Root is a Bitcoin on-chain & cycle analyst. In this interview, we discuss the Bitcoin ETF flows and how this cycle compares to previous ones, where we are on Root’s spiral chart, the supply dynamics at play and how liquid supply is dropping rapidly.

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Show notes: https://www.whatbitcoindid.com/podcast/is-the-bitcoin-cycle-broken

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Transcript

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0:00.0	I don't really need those models. I believe Bitcoin is going to go eventually to a
0:06.8	million dollars and I expect that least prices above 140K this cycle.
0:11.6	Right, you crazy Bitcoin is how are you all doing.
0:15.0	I just woke up to the news that the Bitcoin price is dumped.
0:19.0	Down to 53.5K.
0:22.0	How you doing up there?
0:24.0	Feeling good.
0:26.0	Are you worried?
0:27.0	You panicked?
0:28.0	Oh my God, it's all over.
0:29.0	We're all wrong.
0:30.0	It's done.
0:31.0	Don't be silly.
0:32.0	Come on.
0:33.4	Michael Saylor's gonna buy all the Bitcoin anyway.
0:35.1	We're good, we good.
0:36.1	Well, I'm good.
0:38.0	I hope you chill with this.
0:39.2	If you need a Bitcoin, take a breather, take a walk.
0:42.4	That's what Bitcoin does.
0:43.4	It goes up, it goes down, Peter Schiff posts about it,
0:47.0	says the end, and then we move on.
	...

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