The Milk Road Show

7 Charts That Signal a New Bitcoin ATH + $MSTR Price Prediction w/ Bitcoin Magazine PRO Lead Analyst

14 snips
May 7, 2025
Matt Crosby, lead analyst at Bitcoin Magazine Pro, dives into the current Bitcoin landscape, discussing its price surge to $97K amidst market uncertainties. He highlights seven key charts that provide insights into potential new all-time highs and the market cycle. The conversation reveals shifting investor sentiment toward optimism, especially with ETFs, and addresses Bitcoin’s correlation with the S&P 500. Crosby also touches on options trading's impact on price volatility and advocates for a focused investment strategy in Bitcoin over altcoins.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Bitcoin Strength Signals Optimism

  • Bitcoin's strength through recent retracement shows strong investor confidence compared to equities.
  • Reclaiming the short-term holder realized price indicates renewed market optimism and support.
INSIGHT

Bitcoin Support and Bull Cycle Signs

  • Bitcoin found solid support around $75,000 with strong buy pressure to $90,000.
  • Despite volatility, Bitcoin is setting higher lows, typical in bull cycles.
INSIGHT

Cyclemaster Indicates Fair Value

  • Bitcoin's Cyclemaster chart shows current price near fair market value.
  • This suggests optimism and sets stage for more sustained upward price action.
Get the Snipd Podcast app to discover more snips from this episode
Get the app