45 min listen
Is This Bitcoin Bulls' Last Stand?
ratings:
Length:
10 minutes
Released:
May 11, 2022
Format:
Podcast episode
Description
Where’s the support for Bitcoin, and what happens if that level fails to hold? Crypto analyst and trader Rekt Capital returns to offer his technical take on the steep retracement for the world’s No. 1 cryptocurrency. Rekt is paying attention to what he calls the “macro range low” because it's "the bulls' last stand." If it’s lost, we’ll likely see a macro distribution phase, where sellers dominate the market. This scenario suggests months of downside before a final capitulation event precedes the next accumulation phase. How low might Bitcoin go in this circumstance? And what's Rekt's strategy? He answers those questions and talks about a lot more with Real Vision’s Ash Bennington. Recorded on May 9, 2022. Follow Rekt Capital on Twitter: https://twitter.com/rektcapital. Join the Rekt Capital Newsletter: https://rektcapital.substack.com.
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Released:
May 11, 2022
Format:
Podcast episode
Titles in the series (100)
Tendermint: Building the Infrastructure for a Multi-Chain Future: Peng Zhong joins Ash Bennington for a deep dive into the various projects emerging from Tendermint and how they mesh with the existing DeFi industry. by Raoul Pal: The Journey Man