Bitcoin $100,000 or $50,000: Where Will It Go Next?

In this episode of the Crypto Rundown, Brendan Veihman and Tevo analyze the latest market movements, focusing on Bitcoin and the volatility following the recent halving event. They examine how Bitcoin's price is fluctuating between key resistance and support levels, emphasizing the importance of the 50-day moving average. Ethereum's chart is also analyzed, noting its resilience within a falling channel that presents a bullish outlook. The hosts then explore global trends like Bitcoin ETFs gaining traction in South Korea, while also scrutinizing the SEC's controversial approach to regulating crypto, with particular criticism directed at Gary Gensler's recent actions. Ultimately, the episode wraps up with a hopeful note about crypto's transformative potential in traditional finance and the innovative solutions that blockchain can provide.
00:00 Intro
4:55 Bitcoin Technical Analysis
8:00 The 200 Day MA
9:30 Ethereum Technical Analysis
11:00 Altcoin Season Coming?
16:00 GBTC ETF Inflows For The First Time
23:30 Gary Gensler and SEC Clip
33:00 Chief Economist of the Government Can't Explain Bonds
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Brendan are you from Philadelphia area??

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We are both down in Florida
Catching some sunshine!