Alternative Cryptocurrency Extravaganza

Degenerate Business School

English - November 21, 2021 23:00 - 31 minutes - 21.6 MB - ★★★★★ - 16 ratings
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Previous Episode: The Death of Value Investing

Next Episode: The Party's Over Sell-off

A wedge is forming as Bitcoin retreats to ~$57k, a level that is technically insignificant. But which way will it break?

Meanwhile, we have developed a full blown addiction to ALT coins. This week GALA and POWR enter Robert's portfolio of interests. But in the end, the whole ecosystem rests on the momentum of Bitcoin and Ethereum.

In other bizarre Crypto news, billionaire Ken Griffin outbids a Crypto collective to purchase a first edition of the US Constitution for $43M. The future is here.

And finally, with the illustrious Nasdaq 100 at new all time highs and technically overbought, I submit that a near-term pullback might be in the offing. Why? The debt ceiling fracas is destined to return in early December.