Read_593 - Bitcoin Heading to $30k? [Nik Bhatia]

January 14, 2022 00:45:17
Read_593 - Bitcoin Heading to $30k? [Nik Bhatia]
Bitcoin Audible
Read_593 - Bitcoin Heading to $30k? [Nik Bhatia]

Jan 14 2022 | 00:45:17

/

Hosted By

Guy Swann

Show Notes

"This confluence of Fed hikes and investor naivety “presents the setup for a severe washout” as the “pernicious effects of rising interest rates on future cash flows will likely prompt speculators and investors at the margin to dump or severely reduce their crypto holdings.” - Nik Bhatia We take a little break to discuss the crazy state of the markets right now, and how this could affect the Bitcoin price in the short term. Nik Bhatia summarizes the bearish warning from Arthur Hayes and digs into the possible course of action for the Federal Reserve, and how that could dictate what the Bitcoin price does in the short term. Are you ready? Listen to find out more Links to both Bhatia's as well as Hayes's article below for further exploring: https://thebitcoinlayer.substack.com/p/arthur-hayes-bitcoin-could-be-heading https://cryptohayes.medium.com/maelstrom-ee6021e9d0c2 For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

September 03, 2022 00:26:31
Episode Cover

Read_649 - The Continual Power of Intermittent Mining [Zack Voell]

"Many aspects of the Bitcoin mining industry are poorly understood and often misrepresented. But one practice in this sector stands apart for the misunderstandings...

Listen

Episode

November 11, 2019 00:40:43
Episode Cover

CryptoQuikRead_318 - Taproot is Coming [Aaron van Wirdum]

One of the many amazing technologies coming to Bitcoin, Taproot is one of the most promising improvements to the privacy, efficiency, & capabilities of...

Listen

Episode

March 04, 2023 01:02:13
Episode Cover

Read_706 - The Depression You've Never Heard of, 1920-21 [Robert P Murphy]

"This context highlights the importance of the 1920–1921 depression. Here the government and Fed did the exact opposite of what the experts now recommend....

Listen