Where is Bitcoin going?

Degenerate Business School

English - June 05, 2021 18:00 - 29 minutes - 20 MB - ★★★★★ - 16 ratings
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Previous Episode: The Great Crypto Correction

Next Episode: A Flicker in Growth Stocks & El Salvador Legalizes Bitcoin

Friday's lack luster jobs report settles a collective nerve over inflation, resulting in a sharp daily rebound for Tech and all other Equities. We ask James about the possibility of more systemic risk.

Bitcoin survived Memorial Day weekend, ultimately bouncing to $37k. But where does it go from here? In technical terms, are we staring down a head and shoulders prophecy or a death cross in mid June that will send it even lower? We discuss.

Plus Greg dabbles in Bitcoin fundamentalism, where community leaders posit Ethereum will become the AOL of this generation.

We also ask: is it really worth it to invest in the auto sector on the verge of the EV revolution?