In this episode, McIntosh and Kenshin dive into the current Bitcoin market conditions and whether we're heading into a bear market. With Bitcoin hovering around $83,000—down roughly 34% from its all-time high—the hosts debate what historical patterns suggest versus what unique factors might be at play this cycle. They discuss the impact of ETF selling pressure (including BlackRock's record outflows), institutional buying from El Salvador and MicroStrategy, and the macroeconomic forces that could shape Bitcoin's trajectory in the coming months.
The conversation touches on potential U.S. monetary policy shifts, the effectiveness of recent economic measures, and why the hosts believe DCA remains the smartest strategy regardless of short-term price action. Whether you're nervous about the dip or seeing it as a buying opportunity, this episode offers perspective on staying grounded during volatile times.

Bitcoin Price at Time of Recording

Nov 21st, 2025: $83,500 USD | 72,500 Euro

Block Height at Time of Recording

924,609

Episode Page

https://satoshis-plebs.com/episode-233

Music Credits

Joe Martin
The Jetsons

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!