The Bitcoin & Cryptocurrency Investment Show podcast.
Hey, crypto enthusiasts, it’s Crypto Willy here with your weekly run-through of everything making waves on The Bitcoin & Cryptocurrency Investment Show! Whether you’re a die-hard hodler or just crypto-curious, let’s decode the charts, sift through the headlines, and get the real scoop on what happened this past week.
Kicking things off: **Bitcoin** kept traders biting their nails, floating near the $84,000 mark, according to CoinStats as reported by U.Today. The price action was mostly sideways, with bulls looking a bit winded, and technical analysts like the folks at Changelly calling out a bearish short-term trend. If you’re tracking those moving averages, you’ll have noticed the 50-day is dipping while the 200-day is climbing—classic tension that’s kept everybody guessing. On the big picture, Bitcoin’s still king, with nearly $1.7 trillion in market cap and more than 19.95 million coins circulating.
Flash crash, anyone? OANDA highlights how the market got spooked earlier this month and hasn’t caught its breath yet. Major altcoins followed Bitcoin’s lead, stumbling further from their yearly highs. The spirit around altcoins is cautious with investors eying technical support levels: Bitcoin’s got sturdy floors at $93K, $85K, and the longer-term at $75K—plus those “Liberation Day” lows everyone keeps referencing.
Now for predictions and big voices: SkyBridge Capital’s **Anthony Scaramucci** boldly sees Bitcoin slingshotting up to a whopping $170,000 next year, while **Michael Saylor** of MicroStrategy is betting on a “supply shock” after the halving, potentially triggering another historic bull run. Gemini’s **Marshall Beard** and Fundstrat Global Advisors’ **Tom Lee** are both rooting for a $150,000 target before year-end—and get this: Tom thinks $500,000 is possible within the next five years. If you’re a fan of price modeling, PlanB, the maverick behind the stock-to-flow model, just went on YouTube to say he sees Bitcoin doubling from the $109K zone, putting $250K or even $1 million on the horizon!
But not everything is moon talk. CBS News and CoinDesk both point out Bitcoin shed nearly $800 billion in value since October, making this one of the worst-performing months since 2022. Market sentiment was rattled further by the “Death Cross” event flagged by The Coin Republic, which created a 30% slide but—take note—experts don’t see this as a collapse, just a gut-checking bottom ahead of a potential recovery.
On the regulatory front, the **Financial Stability Board** warned about “significant gaps” in global crypto rules. Congress, as reported by CoinDesk, seems gridlocked with only weeks left in the year, so don’t hold your breath for big new legislation before 2026. Meanwhile, discussions about ISO 20022 ETF launches and rising stress in Bitcoin mining (as noted by TS2.Tech) are stirring up the industry, with new compliance standards and mining economics coming under scrutiny.
If you’re following Elliott Wave analysis, Coinpedia says we might be in a corrective ABC pattern, eyeing an $88,000 resistance in the next leg. Mind, analyst consensus warns weekend moves can be “ghost towns” for trading, so “wait for Monday’s bar”—don’t chase phantom rallies!
That’s a wrap for this week on The Bitcoin & Cryptocurrency Investment Show. Thank you for tuning in—your crypto bestie, Crypto Willy, appreciates every chart-obsessed and curiosity-driven listener. Don’t forget to swing back next week for more deep dives and real talk. This has been a Quiet Please production. For more, check out Quiet Please Dot A I.
Get the best deals
https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI
