I am joined by Noelle Acheson, a host of the CoinDesk's "Markets Daily" podcast, author of the Crypto is Macro Now newsletter and a former head of research at Genesis Trading. We'll talk about Bitcoin spot ETFs and it's potential downside, the problems with liquidity from China, the race to the bottom of fiat currencies, where we are in the crypto cycle and much more!
Noelle Acheson: https://twitter.com/NoelleInMadrid
►► Sponsored by DevvE
DevvE is a next-generation cryptocurrency - DevvE addresses Bitcoin’s most significant weaknesses—regulatory compliance, energy consumption, costs and speed!
👉 Follow DevvE on X for Updates: https://twitter.com/DevveEcosystem
👉 Join the DevvE Telegram group to stay in the know! https://t.me/DevveOfficial
►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY!
👉https://thewolfden.substack.com/
►►OKX
SIGN UP FOR AN OKX TRADING ACCOUNT THEN DEPOSIT & TRADE TO UNLOCK MYSTERY BOX REWARDS OF UP TO $60,000!
👉 https://www.okx.com/join/SCOTTMELKER
►►TRADING ALPHA
READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. USE CODE ‘TENOFF’ FOR 10% OFF WHEN VISITING MY LINK.
👉 https://tradingalpha.io/?via=scottmelker
►►THE DAILY CLOSE
BRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.
👉 https://www.thedailyclose.io/
►►NGRAVE
This is the coldest hardware wallet in the world and the only one that I personally use.
👉https://www.ngrave.io/?sca_ref=4531319.pgXuTYJlYd
►►NORD VPN
GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY!
👉 https://nordvpn.com/WolfOfAllStreets
►►COINROUTES
TRADE SPOT & DERIVATIVES ACROSS CEFI AND DEFI USING YOUR OWN ACCOUNTS WITH THIS ADVANCED ALGORITHMIC PLATFORM. SAVE TONS OF MONEY ON TRADING FEES LIKE THE PROS!
Follow Scott Melker:
Twitter: https://twitter.com/scottmelker
Web: https://www.thewolfofallstreets.io
Spotify: https://spoti.fi/30N5FDe
Apple podcast: https://apple.co/3FASB2c
#Bitcoin #Crypto #trading
Timestamps:
0:00 Intro
1:30 Bitcoin ETFs: strong demand
6:30 Bitcoin in Europe
9:30 What’s the downside?
13:10 Chinese market: the stimulus is going to be disappointing
18:00 When pivot?
20:41 Powell’s 60 minutes
21:40 Bitcoin’s correlation
24:40 Is Bitcoin a macro asset?
29:25 Not selling Bitcoin
The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.