Simply Bitcoin Bitcoin OG EXPOSES $100k Price Suppression | EP 1132
Dec 4, 2024
In an intriguing discussion, the hosts tackle the possibility of Bitcoin price suppression around the $100K mark, hypothesizing about elite investors' strategies. They dive into the speculative nature of Bitcoin's market and potential rise by year-end, while also discussing global geopolitical shifts influencing its adoption. The conversation touches on Russia's increasing crypto engagement and the implications of political decisions on Bitcoin's future. Community events and initiatives in Miami highlight the growing Bitcoin culture, showcasing local enthusiasts uniting over shared interests.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin Price Suppression
- Some speculate that Bitcoin's price is being suppressed below $100,000.
- This suppression may be due to exchanges or institutions accumulating Bitcoin before the price increases.
Bitcoin's $100k Barrier
- Bitcoin's price struggled to break the $100,000 mark, leading to speculation of price suppression.
- Tom Lee suggests exchanges might be suppressing the price due to low Bitcoin supply.
Buy and Hold Bitcoin
- Buy Bitcoin below $100,000 while you still have a chance.
- Take it off exchanges and hold for the long term.