Bitcoin Price Action Explained - What's Next?
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- Опубликовано: 1 июл 2024
- Sam Callahan, Senior Analyst at Swan chats with Jennifer Sanasie of Coindesk about Bitcoin’s recent price correction, what may be causing it and its implications for the broader market. They discuss the potential of Bitcoin hitting six-digits in the next year, the influence of ETFs on Bitcoin’s price, and Bitcoin's growing role in the upcoming 2024 election.
Timestamps
00:00 - What's Causing the Bitcoin Price Correction?
01:27 - Short to Long Term Bitcoin Price Outlook
04:59 - Crypto Portfolio Allocation & ETFs
08:09 - Bitcoin Narratives Over the Next 12-18 Months
09:58 - Bitcoin's Role in the Upcoming US Election
11:46 - Single Issue Voters
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“What’s appealing?”
“Bitcoin.”
*silence*
👌 Perfect.
Should have said BTC and Kaspa
This question was so dumb after all that he said. What a legend Sam... keep killing it!!!
I don't think she was really expecting that answer.
She works for coin desk, they are all about shipcoins
Has it ever been considered that a lot of long-term holders might be moving into ETFs instead of holding the Bitcoin in self custody?
Why would anyone do such a thing?
Keep stacking that's what actually matters
What’s concerning is that if governments are selling it they probably don’t think it will be going up in price anytime soon, maybe they have a cbdc plan they’re confident with, otherwise they’d hold onto crypto. However they’ve been wrong in the past too, so it’s anyone’s guess at this point.
In the US case it was confiscated assets that legally have to be sold. So there was zero thought about its future.
Seizing and using Russian money was catastrophic for € and USD, and it will have a major impact in the next few years, specially for USD. Whatever the US Government’s position, BTC will do its thing. They can influence price action, but they can’t control it. Rough times ahead for USA
Price will go down until it doesn't.
Gov is not sitting around analyzing bitcoin price chart. They have to sell seized assets that’s all
You must have a LOT of bitcoin if you can{t appreciate these buying opportunities.
😂 you can never have enough bitcoin
Still believe in the 45k as a real possibility.
She’s clueless
clueless!!!!!!
Fishy....& washy.......manipulation by whales.......
Only thing they can devalue against is Bitcoin, and gold to a much lesser extent.
Reasonable men will want both
Reasonable men will want both
Nope.... it's Banksters involvement
Bitcoin still needs a healthy confirmation bounce off the fibonnaci level of between ~48K and ~51K. This was disrupted by the short term rocket boost provided by the ETF launch.
I reckon 57k is quite likely.
Does she have anything at all to offer to the conversation?
You’ve never seen an interview before?
Will they sell them to me?
Sam, you know ordinals are retaded, you should say so out loud!
What would you have in your crypto profile, Sam? 😂 JFC what a complete shitshow. People have absolutely no clue but unfortunately they will fk around and find out.
This is all speculation and no real data given by this guy. We are not even close to all time highs. Useless interview
The 69k of Nov 2021 is now 81k.
So when they say bitcoin hit a new ATH, they are lying or Ukrainian level ignorant.
@@jrgb9945shut up about Ukraine
Watch out Sam she tried to get you into shitcoining! Lol
I'm sorry but this woman is clueless
I’ve noticed ETH has outperformed BTC over the last 6 months.
Think last 4 to 8 years
@@formetoknow540 And hope BTC does well in the future.
Frustrating to see BTC getting smoked by SOL and Meme coins.
Crypto casino continues. No lessons from the last cycle were learnt.
Neither of these two have a clue of what they are talking about.
Bitcoin hasn’t set a new ATH in 2024. It didn’t even get close. The 69k of Nov. 2021 is now 81. So don’t feed into the lies of bitcoin. Buy all you want, but you’d better be prepared to wait 4 years minimum.
damn shes gorgeous
I was thinking the same thing. Damn !!!