meta_pixel
Tapesearch Logo
CRYPTO 101

Crypto Rundown: Bitcoin Breaks $60,000 Support...What Comes Next?!

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 2 May 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

In this episode of the Crypto Rundown, Brendan and Tevo delve into the current dynamics of the crypto markets, analyzing significant events like the recent Bitcoin halving and the approval of Ethereum and Bitcoin ETFs in Hong Kong. They discuss Bitcoin's fall below the critical $60,000 support level amidst global economic uncertainties, including FOMC decisions and inflation rates. Additionally, the episode covers the implications of potential Federal Reserve actions on crypto and traditional markets, highlighting the intricate relationship between macroeconomic factors and cryptocurrency prices. We also explore the future prospects of rate cuts and their potential impact on market movements.


YouTube Technical Analysis 

https://www.youtube.com/watch?v=CTGsKZwDMGQ


Support Our Sponsors: 

www.eufy.com


Get immediate access to my entire crypto portfolio for just $1.00 today! 

https://www.cryptorevolution.com/cryptnation-direct


Get your FREE copy of "Crypto Revolution" and start making big profits from buying, selling, and trading cryptocurrency today: 

https://www.cryptorevolution.com/free


Subscribe to YouTube for Exclusive Content:

https://www.youtube.com/@crypto101podcast


Follow us on social media for leading-edge crypto updates and trade alerts:

https://twitter.com/Crypto101Pod

https://instagram.com/crypto_101


*This is NOT financial, tax, or legal advice*


Boardwalk Flock LLC. All Rights Reserved 2024.

 

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Fog by DIZARO https://soundcloud.com/dizarofr

Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 

Free Download / Stream: http://bit.ly/Fog-DIZARO

Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬



Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0

Ladies and gentlemen, welcome back to the Crypto Market Rundown, where we talk about everything

0:13.2

that's happening in the world of cryptocurrency.

0:15.0

From the fundamentals and the news to the technicals on the charts, we spend the time doing

0:20.0

hours of research so that you all

0:22.0

don't have to. And man, what a volatile week we have had so far. The halving is over. The Hong Kong

0:28.7

Bitcoin and Ethereum ETFs have been approved. And Bitcoin actually just cracked one of its

0:34.3

major support levels as it is now breaking down below $60,000.

0:39.3

So of course, we're going to break down this.

0:41.0

We're going to break down everything that's happening and what you need to know in today's

0:44.4

episode.

0:45.6

But TiVo, how are you feeling over there?

0:47.5

You know, a little bit of scary price action, right?

0:49.4

There's a lot of uncertainty as we head into such an important week with FOMC and interest rate talks and

0:57.5

inflation and all these things. Yeah, not the not the most fun week by any means. It seems like

1:04.2

everything's all over the place. Obviously, it's today's Wednesday. So this will air tomorrow. Fed

1:09.7

Powell will be speaking this afternoon.

1:12.2

And it just seems like all markets hang on his every word during a press conference.

1:18.0

So yeah, just nothing, nothing seems steady right now in either direction.

1:24.1

Yeah, I mean, we definitely do.

1:26.2

In last week's episode, really for the last couple of weeks,

1:29.0

we were saying, hey, 60K is this key level. If we break this, we could definitely see some more

1:34.9

downside into the mid to low 50s. And well, upon breaking it, we instantly fell from, you know,

...

Transcript will be available on the free plan in -304 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Bryce Paul & Brendan Viehman, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bryce Paul & Brendan Viehman and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.