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Bitcoin Breaking Out Again



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In this video, I discuss Bitcoin's recent break-out, as well as its decoupling from other cryptocurrencies and risk assets like stocks.

The fundamentals for Bitcoin have never looked better, with strong growth in the Lightning Network, as well as a lot of future demand for Bitcoin that will be driven by a US ETF, retirement accounts, as well as e-commerce giants like Amazon eventually accepting Bitcoin.

Not investment advice! Consult a financial advisor.

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

US Bank launches Bitcoin custody service:
https://www.cnbc.com/amp/2021/10/05/bitcoin-custody-us-bank-launches-service-as-institutions-race-to-cater-to-crypto-demand.html

George Soros family office owns Bitcoin:
https://www.theblockcrypto.com/post/119609/george-soros-family-office-bitcoin-fitzpatrick

SEC Chief says US will not ban crypto:
https://www.bloomberg.com/news/articles/2021-10-05/sec-chief-signals-crypto-ban-like-china-s-won-t-happen-in-u-s

Spencer trolls his dad:
https://twitter.com/SpencerKSchiff/status/1445490942933229569

Tuur Demeester on greed cycles:
https://twitter.com/TuurDemeester/status/1445641573232885781

Lightning Network map:
https://explorer.acinq.co/

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https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#BitcoinNews
#Cryptocurrency

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Category
Cryptocurrencies
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