Bitcoin hits $80K: Is The Pain Over? #89

Hosts Imran Lakha (Options Insight) and David Brickell (FRNT) are joined by guest James Van Straten (CoinDesk) this week as Bitcoin bounces off the low-$80Ks after a brutal 35% correction. James explains why the pain felt worse than previous dips this cycle: short-term holders fully underwater, OG whales finally distributing, treasury-company euphoria popped, and the Oct-10 liquidation cascade wiped out leveraged buyers fast. ETFs, however, kept buying the dip — AUM only down ~5% from peak despite the price carnage. James remains convinced that MicroStrategy is NOT about to blow up (converts don’t put until 2027–28), but the treasury-company leverage party is over for now — shift is toward lending BTC for yield or issuing preferreds. The key takeaway is that 80k or below is a great accumulation level and the cycle top is not expected until 2026 as the mid-terms in the US will likely keep the money printers spinning. Stay patient, keep some dry powder/hedges, the big liquidity wave is coming.Deribit FZE does not accept UAE retail clients or US clients, and clients from other restricted countries.

There are no comments yet.

Please log in to write the first comment.