Are We Just at the Beginning of a Multi Year Bear Market?

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Jason: I think we're at the beginning of a multy month bear market. We saw that with luna, and there's less participants compared to equities. So when we have somebody like celsius maybe needing to sell, you know, i don't know, five billion dollars or something, you can have like 50 billion dollars worth of market cap effect. It explains a little bit of the expedential, like crazy rise we had in 20 21 and 20 20.

Total crypto market cap is now less than $1 trillion. Bitcoin and Ethereum are currently trading near their 2018 all-time highs. Where do we go from here?

In this episode, CIO of Selini Capital, Jordi Alexander shares with us:

What market stage are we at and how long it’ll last
Can Bitcoin ever break its previous ATH of $70k
Indicators to navigate this market

Host: Jason Choi @mrjasonchoi . Not financial advice.

------------ Timestamps -------------

(00:00:00) – Introduction

(00:02:12) – Current Stage of Crypto Market

(00:04:06) – Black Swan Events

(00:06:00) – Drawn Out vs Short-Term Bear Market

(00:08:01) – Crypto Market’s First Recessionary Environment

(00:10:56) – Signs of Market Reversal

(00:13:51) – Bitcoin as Inflation Hedge

(00:19:30) – Terra’s Impact On Crypto Market

(00:23:41) – Can Bitcoin Ever Break $70K

(00:25:54) – Indicators to Navigate this Market

(00:29:06) – Is Bitcoin still the Bell-Weather for Crypto Market

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Guest

Jordi’s Twitter: https://twitter.com/gametheorizing

Blockcrunch

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Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

------------ Disclosures -------------

Disclaimer: The Blockcrunch Podcast is an educational podcast and newsletter for informational purposes only. The host invest in cryptoassets actively and may hold assets discussed in the newsletter or podcast. All content contained within this podcast is intended for educational purposes only and should not be construed as any form of financial advice. The Blockcrunch Podcast, its associates and affiliates are not liable for any decisions third parties choose to make.