
Real Vision: Finance & Investing Bitcoin Tanks — Where Is the Bottom? | REKT Vision (November 21, 2025)
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Nov 21, 2025 Spencer, CEO of Orange Cap Games and Spencer Ventures, brings his vast expertise in crypto and gaming to the discussion. He dives deep into Bitcoin's potential support levels and the factors driving the recent market turmoil. They explore ETF dynamics, the resilience of buyer bases, and the impact of macroeconomic uncertainties. Spencer highlights the importance of cash on the sidelines for potential bids and shares insights on what to buy during a dip. Expect to hear strategies around achieving profits amid shifting trends!
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Correlation To Stocks Is Structural Now
- Crypto now tracks public markets more because the same TradFi players trade both.
- Simultaneous weakness in stocks and crypto is less worrying than crypto-only selloffs historically.
Not Knowing Feels Worse Than A Visible Crash
- The market's lack of a single visible blow-up makes this downturn psychologically harder.
- Unknown, diffuse selling creates more dread than clear, explainable crashes.
DATs Face Structural Unwinding Risks
- DATs trading below MNAV may force on-chain asset sales to repurchase stock and re-peg.
- Smaller DATs or tokenized companies lack easy unwind paths and could face delisting risk.
