Episode Details
| Title | Q4 State of the Crypto Market |
|---|---|
| Date | 10/11/2024 |
| Podcast | Good Game ↗ |
Key Insights
Bullish:
- 🟢 $BTC - Qiao expresses a highly bullish outlook on Bitcoin and crypto in general, advising not to overthink the current market conditions.
- “I'm just going to 70 IQ this. They're starting to ease. There's no recession. The chart is starting to look better. We just saw a higher high. And the sentiment is not euphoric, it's pretty neutral. My 70 IQ view is it's very bullish. I don't think you want to overthink this.” - Qiao (9:20)
- “Regardless, I actually don't think there will be that much difference when it comes to the price of Bitcoin between the two candidates. Both will probably print an insane amount of money... I could even make the argument that Trump is slightly worse than Kamala Harris if he and Elon are going to pursue this DOGE Department of Government Efficiency and pursue austerity. Obviously it's going to be good for the economy in the long-run, but in the short-term it is bad for asset prices if they decide to do it. ” - Qiao (12:50)
- 🟢 $MEME - 🔒
- 🟢 $TAO - 🔒
- 🟢 $SPX6900 - 🔒
- 🟢 $GIGA - 🔒
- 🟢 $META - 🔒
- 🟢 $TSM - 🔒
- 🟢 $NVDA - 🔒
- 🟢 $PDD - 🔒
- 🟢 $COPPER - 🔒