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Bitcoin has officially reclaimed $80K US, but are we back in the green for good or just walking head-first into a massive "Sell in May" trap?
In this episode, Pav and Ted (who is currently busy spotting Broncos players and celebrities in Sydney) dive into why the market is pushing up while retail investors are still fast asleep. We’re breaking down the supply shock math: with ETFs scooping up $2.4 billion in a single month,and buying double the amount of Bitcoin being created.
Plus, we’re looking at the $82K psychological "break-even" point for BlackRock buyers and why Pav thinks the next two weeks will be the ultimate "decision point" for the market.
Also, Ted shares why seeing a classic 60% pump as officially the "grossest" thing in crypto right now.
You’ll hear:
- Why the vibe feels completely different now than the "scary" price action we saw back in February.
- Is May is destined to be a double-digit red month?
- How monthly demand is crashing into a supply of new Bitcoin per month.
- Why the BlackRock "break-even" price is about to trigger some serious programmatic moves.
- "Gross" Alts pulling 300% moves while no one is watching.
… and much more!
Want to see what we’re looking at every episode? Watch the YouTube version of the podcast here.
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This podcast provides general market commentary and is for educational and entertainment purposes only. It is NOT financial advice. We are NOT licensed financial advisors. Investing in cryptocurrency carries risk. You should always conduct your own research and seek independent financial advice before making any investment decisions. Please read Swyftx's Terms and Conditions and Risk Disclosure statement before investing.
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