May 14, 2024

Bitcoin Update: GameStop Soars 170%, Bitcoin Flashing Bull Signal, Difficulty Adjustment

13 minutes

In this video, Joe provides a timely bitcoin update after more sideways price action. He covers GameStop's surprise resurgence, why credit spreads are still low and can stay there for a while, miner economics, spending behavior, and why bitcoin stands to chop higher through the summer given the favorable macro and liquidity backdrop.

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 843472 #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 #BitcoinUpdate #BitcoinBullMarket #XBTUSD #BTCUSD #Consolidating #DifficultyAdjustment #Glassnode #Metrics #GME #RoaringKitty #MemeStocks #GameStop #MarketAnalysis #CreditSpreads #MinerEconomics #SpendingBehavior #FinancialMarkets #MarketTrends #InvestmentAnalysis #EconomicUpdate #MarketInsights #SidewaysMarket #Liquidity #SummerTrends #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