“The Fed, the government has made it abundantly clear that they’re not going to wait for a 20% drawdown in the stock market to bail it out.”
- Since the call
- +5.7%
- At the call
- $79,234
- Now
- $83,750
Policy backstop and money printing explain why Bitcoin has been bid hard; would be aggressive on a pullback.
● The callPrices by IndeixFull BTC chart
More BTC calls
Everything on BTCOct 815:38Long“I personally am nibbling on stuff… I’m just buying weakness… I personally think that the bottom is in”$82,448+1.6%
“I personally am nibbling on stuff… I’m just buying weakness… I personally think that the bottom is in”
Dollar-cost averaging into weakness; bottom believed in, though a pullback to the mid-70s is possible.
Oct 85:05Long“Do I think it is a by the dip opportunity, unless there is really something that we are not aware of it… I think this is a by the dip opportunity”$82,516+1.5%
“Do I think it is a by the dip opportunity, unless there is really something that we are not aware of it… I think this is a by the dip opportunity”
Quantum scare selloff is overblown; crypto-wide buy-the-dip, expressed via BTC.
Oct 67:50Long“In these scenarios, right, like it’s basically like you’re increasing liquidity. So I think Bitcoin obviously does well, crypto in general does well.”$86,056−2.7%
“In these scenarios, right, like it’s basically like you’re increasing liquidity. So I think Bitcoin obviously does well, crypto in general does well.”
If rates fall and liquidity rises, Bitcoin and crypto broadly should benefit.
Oct 155:39Long“I think Bitcoin has held in strong after what came out yesterday, the PCE number yesterday. And so, yeah, you probably buy it.”$84,046−0.3%
“I think Bitcoin has held in strong after what came out yesterday, the PCE number yesterday. And so, yeah, you probably buy it.”
Bitcoin held up after the PCE data and looks stronger than gold, so gmoney would buy here with a stop at the recent low.
Sep 2953:54Short“I don’t think like seven to 76 K region is like totally out of the question”$83,197−0.7%
“I don’t think like seven to 76 K region is like totally out of the question”
The host sees a possible gap-fill lower toward 76K for Bitcoin if gold keeps selling off.
Pulled from the episode automatically and priced by Indeix at the moment it was said. Not investment advice. How the calls work