Avenger Call – 08 Oct 24

00:15: Discussing Bitcoin’s price, Harry’s bullish intent.
01:29: Analysing Bitcoin’s 3-day price action, bearish signal noted.
04:47: Altcoin market strength and price action, including Kaspa & Bittensor.
09:00: Global crypto adoption expected at 8% by next year.
12:22: BlackRock’s view on crypto adoption among millennials & HNWIs.
15:45: HBO documentary “Money Electric: The Bitcoin Mystery.”
18:06: Potential candidates for Satoshi Nakamoto’s identity.
21:26: Exploring Nick Szabo, known for developing BitGold.
24:19: Examining Dorian Nakamoto; concludes no real connection to Bitcoin.
27:44: Wall Street eager to uncover Satoshi’s identity, more than the crypto community.
29:48: Bitcoin’s prolonged consolidation; potential breakout discussed.
32:14: Current price action may not signify end of downward move; potential trend reversal possible.
34:33: Parallels to last year’s price behavior, hinting at a bullish breakout.
40:08: Using four-year cycle to guide market direction; cautious about risk.
45:15: Analysing support levels and targets for Bitcoin, focusing on the 50-week moving average.
46:07: BlackRock and Grayscale as net buyers of Bitcoin, showing institutional confidence.
47:38: Altcoins see market dominance drop; Sui and TAO perform well, others struggle.
51:37: Examining daily & 4-hour Bitcoin charts for support, resistance, and dead cat bounce potential.
56:29: Analysing TAO price action and volume patterns; potential support levels explored.
59:10: Big tech involvement in Bittensor and implications.
01:02:42: Harry’s portfolio: 100% BTC business side; personal side: 50% TAO, 25% NEAR, smaller altcoins.
01:03:25: TAO performing well, increasing share in personal portfolio; DOT underperforming.
01:04:45: Bitcoin dominance strong; may lead to altcoin underperformance. Holding Bitcoin prudent until altcoin season.
01:06:00: DOT and KAS underperforming; suggests holding Bitcoin over these assets.
01:10:59: National debt reaches $35.6 trillion it as “scary times.”