Bitcoin Just Flashed Kraken’s 113% Buy Signal At $63K

Bitcoin Just Flashed Kraken’s 113% Buy Signal At $63K

Bitcoin just flashed one of its most reliable historical buy signals — dipping below its 200-week moving average twice in two weeks, a setup Kraken's Chief Economist Thomas Perfumo says has delivered 113% MEDIAN returns over the following year (and 313% over two years), with median time to break even of just TWO DAYS. The signal has only triggered on roughly 10% of all trading days since 2017. But the bull case lands into a brutal backdrop: Add Franklin Templeton filing BTC-reinvesting dividend ETFs, BlackRock's BITA pitched as "too big to ignore" for income investors, and Illinois passing the most punitive crypto tax in the country — and today's setup is the wildest bull/bear divergence we've seen all cycle. We break down whether Kraken's 113% historical signal will hold against Saylor's structural crisis, what miners going below cost actually means, and whether BTC's two-day median break-even is the bull case nobody's talking about. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(1938)

“What’s The Help Desk Number For Bitcoin?” - A Bank Actually Asked Him That

“What’s The Help Desk Number For Bitcoin?” - A Bank Actually Asked Him That

Martin shares his journey from traditional banking into crypto and explains why he now sees crypto working alongside banks rather than replacing them. The conversation covers stablecoins, institutiona...

19 Sep 38min

Bitcoin Is Up 32% This Quarter - And The Market Still Doesn’t Believe It | Haseeb Qureshi

Bitcoin Is Up 32% This Quarter - And The Market Still Doesn’t Believe It | Haseeb Qureshi

Bitcoin is holding near $78K despite rate hikes, a stronger dollar and the Clarity Act setback, while JPMorgan says BTC could outperform gold if defensive ETF positioning unwinds. We also cover the SE...

18 Sep 1h 7min

Bitcoin Just Did The Opposite Of What Everyone Expected After The Fed Hike

Bitcoin Just Did The Opposite Of What Everyone Expected After The Fed Hike

Crypto rallied after the Fed delivered its first 25bps hike since 2023, with Bitcoin holding near $76K, Treasury yields easing and Zcash surging to new highs. Tristan Thompson joins the show as we bre...

17 Sep 31min

Bitcoin Sold Off On The Crypto Vote. The Fed Could Send It Higher Today | Laura Shin

Bitcoin Sold Off On The Crypto Vote. The Fed Could Send It Higher Today | Laura Shin

Bitcoin is trading near $76K ahead of today’s Fed decision, while the Clarity Act failed its key Senate vote and regulators prepare to move ahead with crypto rules anyway. We also cover Robinhood engi...

16 Sep 53min

Bitcoin Waited Years For Today. It's Already Going Wrong

Bitcoin Waited Years For Today. It's Already Going Wrong

Markets are heading into a huge week with the Fed decision and Clarity Act vote in focus, while the 10-year Treasury yield breaks above 5% to its highest level since 2007. We also cover the SEC pushin...

15 Sep 1h 4min

Bitcoin’s Next BIG Move Could Be Decided In The Next 48 Hours

Bitcoin’s Next BIG Move Could Be Decided In The Next 48 Hours

Bitcoin is holding near $78K even as AI fears hit global stocks, while markets now price an 85% chance of a Fed rate hike this week. We also cover Trump backing new crypto ethics rules ahead of the Cl...

14 Sep 1h 6min

Bitcoin Is Winning As Treasury Takes Power From The Fed | Caitlin Long

Bitcoin Is Winning As Treasury Takes Power From The Fed | Caitlin Long

Caitlin Long explains why she believes Operation Choke Point 2.0 is still alive, even as major banks embrace crypto. She shares what she saw in Fed emails obtained through her lawsuit and why she beli...

13 Sep 46min

Bitcoin Is Built For The Economy Nobody Sees Coming | Mark Moss

Bitcoin Is Built For The Economy Nobody Sees Coming | Mark Moss

Mark Moss joins the show to break down Bitcoin’s sharp rebound, why institutional buyers accumulated while retail capitulated, and why he believes the cycle low is likely already in. The conversation ...

12 Sep 58min

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