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How To Evaluate Bitcoin Hitting ATHs, Red Flags In The Market, And Should You Be Buying Silver
Trends with Friends EP. 54
Welcome back to Trends with Friends!
Today we discuss the excitement of Bitcoin reaching new heights and explore the factors propelling its growth. We cover:
Bitcoin reaching an all-time high and the potential factors driving its growth
The demand side of Bitcoin, including the involvement of institutional investors and the impact of ETFs
Bitcoin as an on-ramp to the degenerate economy
The potential risks and opportunities in the crypto market
The bond market, inflation, and oil prices
The future of currencies
The relationship between Bitcoin and gold
The importance of silver outperforming gold
Concerns in the market
The malevolent seven stocks
Michael Saylor's All-In Strategy
The importance of optimism, mindfulness, health, and the value of family and community
This episode is brought to you by Frec — Helping You Invest In The S&P 500 & Save On Taxes: https://frec.com/
In appreciation of your support, we're excited to give one lucky subscriber the chance to own a new 14" MacBook Pro. Your involvement in our community is invaluable, and we can't express enough gratitude for your role in our success. Click here for details and to enter.
In This Episode, We Cover:
(00:00) Welcome
(01:37) We’re Giving Away a Free MacBook
(02:03) Bitcoin at ATH
(04:17) The Resilience of Bitcoin and the Potential Upside
(07:00) The Demand Side
(08:04) The Degenerate Economy and the Future of Crypto
(12:33) The Bond Market, Inflation, and Oil Prices
(15:19) Speculation and FOMO
(20:07) The Long-Term Chart of Bitcoin and the Demand-Supply Dynamics
(24:48) The Role of Gold and the Future of Currencies
(28:25) Cheat Code: Silver Outperforming Gold
(31:27) The Malevolent Seven
(33:00) Market Breadth
(33:58) The Magnificent Seven ETF
(34:46) The Art and Math of Investing
(38:14) Michael Saylor's All-In Strategy
(42:40) Staying Optimistic
(48:50) Finding Trends and Riding Them
Where To Find Howard and Friends:
Howard - https://stocktwits.com/howardlindzon
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