Momentum is slowing as macro risks are rising
About this episode
Michael Nadeau and Ryan discuss the current state of Bitcoin and the potential macro risks affecting its momentum.
Bitcoin just closed above a key bear market resistance level, but Mike still isn鈥檛 ready to call a regime shift. Ryan and Mike break down why this rally looks stretched, what $79K, $82.7K, and $85K are signaling, how weak spot volume and rising macro risk could slow momentum, and why June may be the real test for bulls. ---- 馃摚GALAXY | INSTITUTIONAL DIGITAL FINANCE https://bankless.cc/Galaxy ---- 馃幆THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.cc/tdr-rss https://thedefireport.transistor.fm/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:45 Bear Market Symmetry 6:00 Comparing Past Cycles 14:05 Who鈥檚 Selling at 80K? 19:23 Weak Market Conditions 23:10 Momentum Starts Fading 27:37 June鈥檚 Historical Weakness 29:12 Key Bitcoin Price Levels 32:40 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only.
Sponsors
GALAXY
More episodes of The DeFi Report
- Bitcoin鈥檚 $60K Test Just Got More Serious
- Bitcoin鈥檚 Unfinished Pain & Altcoin Hype or Head Fake?
- Signs of a Cycle Bottom?
Explore listener stats, chart rankings, contacts and more on the The DeFi Report podcast page.