August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

Bitcoin briefly broke above $80,000, reaching roughly $81,100, before profit-taking pushed it back into the upper $70Ks. Matt explains why $80K remains an important psychological resistance level, with investors who bought higher finally getting opportunities to exit and newer buyers sitting on substantial gains. He argues that a pullback toward $75K or even the low $70Ks would still be normal, while a sustained move back below $70K would make the rally look more like another bear-market bounce.


The episode also covers nearly $2 billion in Bitcoin ETF inflows last week, Coinbase launching tokenized stocks on Base, Franklin Templeton expanding tokenized money-market funds in Asia, and BitMine buying roughly $81 million of Ethereum. Matt also looks at the political pressure surrounding the CLARITY Act and GENIUS Act implementation, while warning that the Fear & Greed Index at 80 shows just how quickly sentiment has shifted from fear to extreme greed.


Happy HODLing.

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August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

Bitcoin is pushing against the $80,000 barrier after one of its strongest weeks in months, driven by improving Treasury-market liquidity, nearly $2 billion in Bitcoin ETF inflows, short liquidations, ...

24 Elo 16min

August 21: Bitcoin Hits $77K as Liquidity Floods Back Into Crypto

August 21: Bitcoin Hits $77K as Liquidity Floods Back Into Crypto

Bitcoin’s rally is accelerating, with BTC climbing toward $78,000 as improving global liquidity, heavy ETF buying, and another massive short squeeze drive the market higher. Matt breaks down roughly $...

21 Elo 15min

August 20: Bitcoin Rips Above $70K as Global Liquidity and Short Liquidations Hit the Market

August 20: Bitcoin Rips Above $70K as Global Liquidity and Short Liquidations Hit the Market

Bitcoin finally broke out, surging above $70,000 as several catalysts hit at once. Matt looks at Trump’s White House meeting with crypto executives, Treasury moves supporting broader liquidity, and a ...

20 Elo 15min

August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

Ripple raised $275 million to expand its U.S. clearing, prime brokerage, and financial-services business, while Metaplanet is bringing its Bitcoin treasury strategy to the U.S. through a deal involvin...

19 Elo 6min

August 18: Wall Street Keeps Moving Into Crypto While Bitcoin Stays Stuck at $64K

August 18: Wall Street Keeps Moving Into Crypto While Bitcoin Stays Stuck at $64K

Bitcoin is still hovering around $64,000, but traditional finance keeps moving deeper into crypto. Matt covers Citi preparing to launch institutional Bitcoin custody, Kraken expanding U.S. stock tradi...

18 Elo 9min

Bitcoin Liquidity Dries Up as Craig Waits for a Break Below the Range

Bitcoin Liquidity Dries Up as Craig Waits for a Break Below the Range

Craig says crypto liquidity has dried up dramatically, with Bitcoin stuck inside a month-long range between roughly $62,500 and $65,500 and only a small fraction of tracked trading pairs showing meani...

17 Elo 8min

August 17: Bitcoin Stays Flat as ETF Outflows and Thin Liquidity Keep Traders Cautious

August 17: Bitcoin Stays Flat as ETF Outflows and Thin Liquidity Keep Traders Cautious

Bitcoin remains stuck near $63,000 as ETF flows turn negative and thin liquidity leaves the market vulnerable to sharper moves if leveraged traders rush for the exits. Matt covers Strategy raising ano...

17 Elo 7min

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