ABOUT THIS EPISODE
The Fed hiked yesterday and the new projections say they are not done. Across the two meetings left this year, October 28 and December 9, the dots point to at least one more hike, and Warsh's press conference read more hawkish than the decision itself. That is a short term headwind for Bitcoin, not a broken cycle. The daily chart broke a neckline around 76.7K and is retesting it as resistance, so I am watching 70K as a first buy and 66K as the point where I go all in. I also go through the Warsh clips section by section, why the 10 year and 30 year yields rising together is the bad version, why Strategy and Metaplanet have stopped buying, and whether Zcash can keep outperforming.
Chapters:
(00:00) Welcome and what is on the show today
(04:15) Why Strategy and Metaplanet stopped buying Bitcoin
(14:56) Bitcoin or Strategy, which one is the better bet
(19:31) Zcash, Grayscale, and a top 10 market cap
(24:00) Can Zcash or Hyperliquid outperform Bitcoin
(28:19) Bank of England does not hike
(28:57) Moscow Exchange is adding crypto perpetuals
(32:44) Your questions before the Fed
(40:22) What the FOMC actually did yesterday
(42:22) Two meetings left and at least one more hike
(44:54) What FedWatch and prediction markets are pricing
(46:19) Warsh press conference, the clips that matter
(50:52) Why oil is keeping inflation sticky
(58:37) Warsh on Trump and Fed independence
(1:04:11) The 10 year and the 30 year are both rising
(1:08:37) Your questions on the Fed
(1:10:52) How rate hikes actually reach Bitcoin, through the dollar
(1:13:28) Bitcoin price action and TA
(1:17:15) Oil is the big question
(1:18:31) My plan, 70K first buy and 66K all in
(1:22:05) Closing Q and A
(1:24:39) Total 3 and whether alts have started
(1:31:02) Can Zcash outperform Bitcoin again
(1:36:52) Wrap up
