The Milk Road Show

Bitcoin Hits $100K! Our Analysis On What Happens Next w/ Milk Road PRO Researchers

7 snips
Dec 5, 2024
Bitcoin has soared past the $100K mark, prompting discussions on its future and the potential impact of strategic reserves. The hosts explore the surge's market implications, including factors like political shifts and increased retail interest. They also express optimism for Ethereum post-conference and discuss the promising outlook for Solana amid potential ETF approvals. Amidst the bullish sentiment in Bitcoin trading, the importance of conviction and patience in investing is emphasized, urging a steady approach against fleeting trends.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Bitcoin's Difficult Path to $100K

  • Bitcoin reaching $100K was a challenging journey.
  • It involved overcoming crashes, bans, and even a near-fatal incident involving Donald Trump.
INSIGHT

Trump's Bullish Impact on Crypto

  • Trump's presidency is viewed as extremely bullish for crypto.
  • His actions signal legitimacy and potential for clear, positive regulation.
ADVICE

Retail Investor Return and Altcoin Impact

  • Retail investors are expected to return as Bitcoin hits $100K, driving mainstream media attention.
  • This increased interest will likely escalate and boost altcoins like Ethereum and Solana.
Get the Snipd Podcast app to discover more snips from this episode
Get the app