
The Final Stage Of The Bitcoin Bear Market | Joe Consorti
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“Bitcoin’s value prop remains unchanged and a 50% drawdown isn’t something that should scare you. It should be viewed as an opportunity.”
Joe Consorti is back on the show to break down why he thinks the Bitcoin bottom may be closer than many people expect, why $50k is the key level to watch, and why October or November could mark the final low before Bitcoin begins moving into its next bull market.
We discuss:
– Bitcoin below $60k
– Whether the four-year cycle is still alive
– The role of inflation, oil, midterms, and global liquidity
– Why capital has rotated into the AI trade
– Michael Saylor, Strategy, MSTR, STRC
– Why central banks can’t stop printing money
– Why the Bitcoin thesis remains unchanged
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- 0:00Bitcoin's value proposition
- 1:14Bitcoin price and bottoming prediction
- 6:14Factors influencing Bitcoin's bottom
- 18:25Inflation and Federal Reserve policy
- 22:46US economy and consumer health
- 28:55Bitcoin on-chain metrics and ETFs
- 41:14Michael Saylor and MicroStrategy sales
- 56:12MicroStrategy's Bitcoin monetization
- 1:06:12Parting advice on Bitcoin bear market