Bitcoin’s $82K Breakout Just Got REKT by the Fed! | Simply Originals
About this episode
The episode discusses Bitcoin's recent price surge and the implications of economic reports and Federal Reserve actions.
Bitcoin just posted its highest close in four months, up nearly $20,000 in 20 days, and triggered one of the largest short liquidation cascades crypto has ever seen. Fed Governor Waller leaning toward holding rates sent it to $82K, then Friday's jobs report blew up the script: 162,000 jobs added against expectations of 55,000, which strips away the Fed's best excuse not to hike on September 16th. Add a sovereign wealth fund talking about cutting Treasury holdings, Blackstone gating withdrawals from its credit fund, and Mohamed El-Erian warning the bond selloff isn't over, and you get a currency war where everyone from China to Japan to Europe is scrambling and the dollar keeps winning anyway. The Porkopolis power law model's Q90 band puts Bitcoin at $800K within two years. This isn't the top. It's the appetizer. SPONSORS ✅ Ledn https://www.nmj1gs2i.com/9W598/9B9DM/?source_id=podcast Simply Bitcoin clients get 0.25% off their first loanNeed liquidity without selling your Bitcoin? Ledn has been the trusted…
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