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CRYPTO 101

Crypto Rundown: Do or Die for $60,000 Bitcoin & The Strength of Ethereum

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 27 June 2024

⏱️ 40 minutes

🧾️ Download transcript

Summary

In this episode of the Crypto Market Rundown, hosts Brendan Viehman and Tevo delve into current crypto market trends, focusing particularly on Bitcoin and Ethereum's performance amidst fluctuating indices. They discuss Bitcoin's resilience at the $60k support level and speculate on potential movements towards all-time highs based on historical price actions and ETF developments. The episode also highlights Ethereum's strong performance relative to Bitcoin, suggesting it might lead the next bull run. They touch on various technical indicators and market sentiments that could influence future market behaviors, integrating this analysis with current news and potential financial inflows from traditional finance institutions.


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Transcript

Click on a timestamp to play from that location

0:00.0

Ladies and gentlemen, welcome back to your crypto market rundown, where we talk about everything that's happening in the great world of cryptocurrency.

0:17.3

From the fundamental in the news to the technicals on the charts. We spend the time doing

0:21.8

hours of research so that you all don't have to. And crypto's back at it again. You know,

0:26.8

nothing too crazy has happened here over the last week. We have seen prices kind of continue to

0:32.5

drop and bleed out slowly across the board, but nothing too unforeseen. We've been talking about how we

0:39.1

expected Bitcoin to kind of come back down towards the lower end of 60K. We've been talking about

0:44.5

how there is a massive support zone down here. And sure enough, Bitcoin came right down to the 60K

0:50.6

support level. Altcoins have now begun to bounce. Bitcoin has begun to bounce.

0:55.0

And there's a lot of opportunity in the market. But man, there's also a lot of news going on.

1:00.4

And that's what we want to cover in, I guess, the second portion of this. Because as we said in the

1:04.4

beginning, we like to talk about both the technicals and just everything that's happening

1:08.3

with prices and charts. But we also like to talk about the news because that's where a lot of the fundamental

1:13.3

developments are that can drive price action.

1:17.0

So welcome back, everyone.

1:18.3

It's good to have you.

1:19.4

Real quick note before we begin here, if you want to follow all the different video stuff

1:25.0

and on-screen action that we're talking about when we're flashing

1:28.2

up tweets and articles and charts, you got to go over to the YouTube channel.

1:32.4

That's where we talk about and that's really where we show all the visuals that we're

1:35.9

referencing throughout this series here today.

1:39.2

So if you want to see all the visuals, make sure you head over to the YouTube channel

1:42.3

at Crypto 101 Podcast.

...

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