The Crash That Wasn’t: Why Bitcoin Rebounded & $100K Feels Baseline

The Crash That Wasn’t: Why Bitcoin Rebounded & $100K Feels Baseline

From The Bitcoin Playbook by Josh Friedeman

August 23, 2025 · 37 min · Episode 161

About this episode

The episode discusses Bitcoin's recent market movements and the implications for its future value.

Bitcoin tapped a new ATH, dipped, then snapped back. In this roundup, Josh Friedeman, Jon Gordon (Satoshi Health Advisors / NosFabrica), and Trey Sellers (Unchained) break down why the move wasn’t a real crash, what would actually create a deep washout, and why $100K now feels like the floor. We also hit the week’s biggest signals: Harvard’s $116M Bitcoin exposure and what it means for endowments, Scott Bessent’s walk-back on a U.S. “Strategic Bitcoin Reserve,” Block’s Proto modular mining rigs, and the Fed easing bespoke oversight on banks touching Bitcoin (“novel activities”) CONNECT WITH JON 𝕏: @thebitcoinyogi Instagram: @jongordon9 LinkedIn: Jon Gordon Websites: Satoshi Health | Sound HSA CONNECT WITH TREY 𝕏: @ts_hodl LinkedIn: Trey Sellers Website: treysellers.com Newsletter: firebtc.substack.com CONNECT WITH JOSH 𝕏: @joshuafriedeman LinkedIn: Josh Friedeman SHOW PARTNERS Velas Commerce — Build with Bitcoin. Build with Lightning. Velas creates high-performance websites, apps, and POS integrations purpose-built for Bitcoin commerce. → https://velascommerce.com Strong Wealth — Bitcoin-native wealth planning for business owners, HNWIs, and families transitioning generational…

People in this episode

Host: Josh Friedeman

Guests: Jon Gordon, Trey Sellers

Topics covered

  • Bitcoin market analysis
  • cryptocurrency trends
  • investment strategies
  • financial signals
  • Bitcoin adoption
  • endowment investments

Keywords

  • Bitcoin
  • ATH
  • market crash
  • Harvard investment
  • Block mining rigs
  • Fed oversight
  • cryptocurrency

Sponsors

Velas Commerce, Strong Wealth

Mentioned in this episode

Organizations: Satoshi Health Advisors, NosFabrica, Unchained, Harvard, Block

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