Real Vision: Finance & Investing Trading the Markets: May 28, 2025 | Kris Bullock and Nico Brugge
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May 28, 2025 Kris Bullock and Nico Brugge dive into the fluctuating world of asset prices, shining a light on Bitcoin and market volatility. They analyze Ethereum's upgrades and its battle against Bitcoin, emphasizing the significance of strategic trading. The duo compares sentiments towards Bitcoin and the S&P 500, revealing a stark contrast in optimism. They also navigate the wild swings of cryptocurrencies, discussing essential trading strategies. Wrapping up, they keep it light with humor, inviting listeners to join the community and explore trading opportunities.
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Bitcoin's Local Top Insight
- Bitcoin's local top may be reached after a 51-day run from lows, suggesting a correction is due.
- Regular short-term pullbacks are healthy for sustaining momentum in a rally.
Bitcoin Support Levels to Watch
- If Bitcoin breaks down, watch for support levels around 100,000 and 94,000.
- A dip to weekly support near 94,000, while unlikely, wouldn't break the long-term uptrend.
Ethereum’s Gains vs Bitcoin Lagging
- Ethereum's recent upgrade improved its competitiveness and efficiency.
- However, ETH still struggles against Bitcoin, indicating cautious optimism is warranted.