Bitcoin Daily Show

Is a Bitcoin Price Breakout Imminent?

Episode Summary

The Bitcoin price is looking like a coiled snake, bouncing just under all-time-highs. Is a breakout imminent? Well, after 16 days straight of net inflows the spot Bitcoin ETFs erupted with nearly $1 Billion in inflows and we hear from one CEO who says a much bigger institutional wave of capital is coming. Plus, the market turns bullish as the first G7 Central Bank cuts rates. Is the money printer coming? Will we see $1.4 Billion in shorts liquidated and new all time high this week? We look at lots of charts and data and hear from some of the leading experts who say this might be your last chance to hop on the rocket ship before take off.

Episode Notes

The Bitcoin price is looking like a coiled snake, bouncing just under all-time-highs. Is a breakout imminent? Well, after 16 days straight of net inflows the spot Bitcoin ETFs erupted with nearly $1 Billion in inflows and we hear from one CEO who says a much bigger institutional wave of capital is coming. Plus, the market turns bullish as the first G7 Central Bank cuts rates. Is the money printer coming? Will we see $1.4 Billion in shorts liquidated and new all time high this week? We look at lots of charts and data and hear from some of the leading experts who say this might be your last chance to hop on the rocket ship before take off.