What's Next For BTC, Crypto's Biggest Innovation & Picking Winners In 2025
Episode publishedPodcast: 1000X1000X
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I think that we are in a phase where volatility and uncertainty are keeping markets contained below levels where they should ultimately price given the regulatory and macro backdrop. That's why I'm kind of I'm excited to buy crypto at current prices because I think the volatility is short term. It will fade, and the long term fundamentals will continue to improve. This
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Welcome back, everyone, to another episode of a thousand x. We are here today, Kind of a boring week since since we last talked. Market's come off a little bit. You know, still trading above that hundred thousand level, which Joan and I mentioned last time is is reasonably significant. But I know things things overall are looking like we're we're in a range. I start to get nervous about a breakdown if we lose a hundred k. I will say that this this type of move here generally signals the end of a run. Yeah. So I'm definitely I'm I'm definitely a little bit more nervous about the market now than
Yeah. I mean, I think that's what that's what people got wrong. We talked about this on the last episode. Like, yes, the setup looks amazing. The fundamentals look amazing. Pretty much everything is the backdrop is setting up for a pretty spectacular rally. I think I still think it's gonna push to one twenty or one fifty. Maybe we get a a really crazy, you know, amazing summer. But but, we also did say on the last episode that there was, you know, cause for concern when it comes to leverage. People were deciding to put all their chips on the table with prices on the highs. That's That's not wh
by fundamental is improving, you mean price go up? Because the fundamentals of Bitcoin are the price. Not
not just the price. I mean, like, there's, you know, yes. Obviously, momentum is one thing that in this market matters. You could call it a fundamental. I I would call it technical. By fundamentals, what I mean is like general macro backdrop, legislative accommodation for crypto, not just in The US, but globally, You know, stock and flow dynamics of miner selling, I guess that's that's a function of hash rate, cost of power, all this other stuff. Bitcoin competes with AI now. It's much more expensive to mine Bitcoin. So miners will shut off at theoretically higher higher price levels, higher l
I was I was making a joke, but then you then you went on such a good rant about how to actually think about the fundamentals of Bitcoin. I don't wanna interrupt and tell you that that was just a silly little joke. So that so that was that was no. That was good, Jonah. I think you out I think you outlined it really nicely what the what the actual fundamentals are. I mean, I I also think one one thing that to to look at is is also you have to figure out, I I think as as we move forward, Bitcoin adoption outside of The US is gonna become more important because The US is becoming this known quanti
There's movements movements South Of The Rio Grande, actually. Breaking news That is
that is true.
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