June 04, 2024

Bitcoin Is About To BREAKOUT To $80,000

22 minutes

In this video, Joe walks through several bitcoin charts to make the case that we're breaking out and moving to and through new all-time highs. He discusses some price action technical analysis, the descending channel bitcoin is trying to break above, the momentum that BTC has built underneath it, and the solid launchpad to take off from with very little froth in the futures market. He concludes with the dismal macro data of late, and how that will impact BTC and other risk throughout the year.

The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy.

Subscribe and turn on notifications for TBL on YouTube.

Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe

Follow TBL on X: / thebitcoinlayer

Subscribe to The Bitcoin Layer on your favorite podcast platform.

Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch

Contribute to The Bitcoin Layer via Lightning Network: [email protected]

The Bitcoin Layer is a bitcoin and global macroeconomic research firm.

The Bitcoin Layer and its guests do not provide investment advice.

Block Height 846515 #thebitcoinlayer

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc

Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti

Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #JoeConsorti #BitcoinCharts #TechnicalAnalysis #BitcoinPrice #BTCPrice #MarketAnalysis #BitcoinBreakout #Investing #Trading #BTCMomentum #MacroEconomy #RiskAssets #MarketTrends #BitcoinTechnicalAnalysis #BitcoinUpdate #BitcoinNews #FuturesMarket #EconomicData #BitcoinInsight #BTCAnalysis #PriceAction #TradingBitcoin #InvestmentStrategy #FinancialMarkets #MarketOutlook #EconomicImpact #TradingStrategy #BTCLaunchpad #InvestmentTrends #MarketUpdate #TechnicalBreakout #BTCPriceAction #MarketForecast #InvestmentOutlook #BitcoinForecast #MarketMovers #EconomicTrends #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro

Subscribe to The Bitcoin Layer on Soundwise

The Bitcoin Layer and its guests do not provide investment advice.

...more