The Decrypting Crypto Podcast cover image

Off Chain 6/29/23: Bearish NFTs; Bullish BTC

The Decrypting Crypto Podcast

00:00

Bitcoin's 28k Purchase Price Is a Good Buy

The average buy price across MicroStrategy's entire 150,000 on BTC is now sub 30k. The downside for MicroStrategy is that they can't just really start off loading BTC and they never do. And with more liquidity coming into the market, I would also expect probably that to be a knock on effect, maybe a lag into ETH. If we're really, really lucky, we may see some altcoins flourish, who knows about that one. But it's a good time.

Play episode from 38:43
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app