4.6 • 821 Ratings
🗓️ 9 May 2024
⏱️ 42 minutes
🧾️ Download transcript
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.
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0:00.0 | Well, ladies and gentlemen, welcome back to another episode of the Crypto Market Rundown, |
0:13.2 | where we talk about everything that's happening in the great world of cryptocurrency, |
0:16.6 | from the fundamentals in the news to the technicals on the chart. We spend the time doing hours of research so that you all don't have to. |
0:24.6 | And we are back in full roller coaster effect in these crypto markets. |
0:29.7 | We're going up, we're going down, we're getting a lot of volatility. |
0:33.2 | And there is certainly a lot happening in the news. |
0:37.3 | Also, you know, one of the things that I just |
0:38.9 | want to kind of precurs before we begin here, Tivo, is we saw something happen at the end of last |
0:44.6 | week, beginning of this week that we have never, ever seen in the crypto markets before. |
0:50.0 | And I've been ranting and raving wanting to see this. |
0:57.3 | And man, I'm just so excited to be able to talk about it in today's episode. |
0:59.6 | So make sure you stick around for the full one, everyone. |
1:01.9 | There's a lot of cool stuff that we're going to talk about here. |
1:05.1 | But TiVo, I mean, man, how are you feeling in all this volatility? |
1:06.8 | It's, it's actionable. |
1:08.0 | Yeah. |
1:13.5 | No, it's, it's actionable. Yeah, no, it's it's actionable and it's it's um now's a good time with the macro like we always talk about and the price action of being, you know, a little down, a little range bound is that |
1:18.3 | you know, if you go back and you look sure, maybe one month or down 12 percent, but look back six |
1:23.0 | months ago, you know, we're up 70 percent and you know, before you get to that face ripping rally, |
1:28.5 | you know, the price on November 30th was the same that it was January 23rd. So that was two months |
1:34.1 | of, you know, basically no price action with a range bound. And so it seems like hopefully we're |
1:39.8 | back in one of those of just kind of coiling up and, you know, the hype has definitely died down for the people not in the space as much. |
... |
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