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    If we look at how Bitcoin price bottomed out in 2018 in comparison to S7P 500, there is some really interesting data that suggests that BTC price could bottom before equity markets. Is this something we are seeing play out right now? Or is the macroeconomic landscape too much for the bitcoin bulls in this bear market?

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    31 Comments

    1. Interesting take Dan, I like it!

      Everyone has turned so bearish lately, it’s another sign we could have reached a bottom.

      No matter what happens, making the best of it is all we can do but I do miss seeing green ngl 😅

    2. I think cpi falls more next month things start looking better for christmas rally. Inflation will fall going forward fed less hawkish but still increasing.

    3. I've maintained the bottom is in for months and the great thing is I am 100% correct until I'm not. Could I be wrong? Of course. But, here's where I'm coming from. Taking the the macro economic factors out, we can not expect bitcoin to have a typical bear cycle after having the most untypical bull cycle without a blow off top missing projections buy quite a bit. Now, add the macro economics in and one would believe the worst is yet to come. I'd believe that too if I didn't see signs of the world opening up to bitcoin with chinks in the armor of correlation of bitcoin and the traditional markets. We have to remember, bitcoin was designed to NOT be correlated and it won't be forever. It it my opinion that correlation is coming to an end sooner rather than later. It's blaringly obvious to me not only in the charts, but on everyday social media with normies. Bitcoin is starting to be in normal everyday discussions between people I never thought in a million years would even know about it. The virus is spreading, you can believe that no matter what happens in the short term. DCA and wait. We're in for a wild ride.

    4. Dollar index will top out in October- November cos rate hikes will stop in US while in other countries will continue to raise rates cos they started that later than US n they have worse inflation than in US.

    5. Cryptos are frauds, the only two coins to invest if you want to be a millionaire is to have a million and only invest in Bitcoin and ETH, all other coins are garbage. Stop wasting money people.

    6. Even if it’s a fake pump and bottoms , it’s a chance for new consumers to come in and buy and be apart of the community… it’s just tough with all this inflation. gas prices where I am is 6.40 👎 no one said going to the moon was easy. other than that I watch your videos all the time, love them all Dan! great stuff.

    7. Does TAs really work.. or even matter for the hodlers? They absolutely NOT. Why are you even doing these bullshit TAs? Cover the fundamental and the news. Those are more valuable!

    8. The bottom was three months ago bro. This rate hike + inflation + S&P500 stuff is all smoke and mirrors and distraction. It's not just Americans buying crypto, so you should try to keep that in mind that America is not the center of the world. I know it's hard to comprehend. But for real, please try to be positive and more entertaining. Part of entertaining people is being off the wall. Perhaps you would consider some slap stick in your skits?

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