Episode Details
Title | Bitcoin's Price Dropped After Iran's Attack on Israel. Is ‘Uptober’ Canceled? - Ep. 713 |
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Date | 10/4/2024 |
Podcast | Unchained ↗ |
Key Insights
Bullish:
- 🟢 $BTC - Bullish outlook for Bitcoin due to macro factors, ETF introductions, and potential political impacts. Expectations of continued rally in Q4, transition to a more positive macro environment, and dampened volatility from increased institutional investment through ETFs.
- “So my personal expectation is q 4, we continue to rally. We continue to recover from these geopolitical risk events. We are transitioning from a macro side to a more positive macro environment, right, with a FedPivot, PBOC pivot.” - Andre (22:04)
- “I think ETFs in general, they will lead to more heterogeneity among investors because obviously institutional investors, and we do have more institutional investors with these ETFs according to the latest 13 f filings. Right? So around twin I think around 20% institutional investors. And this will dampen volatility because you have suddenly different types of investor, not only retail.” - Andre (19:03)
- 🟢 $CRYPTO - 🔒
- 🟢 $MEME - 🔒