<br><div><p><em>This can be a transcribed excerpt of the “Bitcoin Journal Podcast,” hosted by P and Q. On this episode, they're joined by Dr. Jeff Ross to debate how present macro occasions are affecting bitcoin and what to anticipate from the bitcoin worth.</em></p><p><a target="_blank" href="https://youtu.be/VOIy8c2qNm0" rel="noopener" onclick="return phoenixTrackClickEvent(this, event);">Watch This Episode On YouTube</a> Or <a target="_blank" href="https://rumble.com/v1s9mwg-exchange-war-special-report.html" rel="noopener" onclick="return phoenixTrackClickEvent(this, event);">Rumble</a></p><p>Hear To The Episode Right here:</p><aside class="m-in-content-ad-row l-inline mm-in-content-ad-row--in-content not-size-b not-size-c not-size-d" data-ad-group="in_content-0"/><p>Jeff Ross: Right here’s what I wish to say about bitcoin: I’m a wild fanatic about bitcoin for its long run prospects. I’m nonetheless very bearish macro-wise. I nonetheless assume threat belongings are gonna get hammered. I feel it’s fairly potential that bitcoin — let’s discuss when it comes to chance. This can be a actually lengthy reply to your query. There’s an opportunity bitcoin is bottomed and $17,600 was the underside and there’s a very good probability that it might simply do a sluggish grind larger. There’s additionally an opportunity that if the Fed pauses, that may get a very spectacular rally in threat belongings and that bitcoin may even catch a robust bid if that occurs. But when issues proceed to worsen and we have now a capitulation-type occasion in shares, I feel it sucks bitcoin down with it. I feel if we get one other crypto-contagion occasion that I’m positive you guys have already talked about at the moment with SBF [Sam Bankman-Fried] and FTX and Alameda and Binance and all that rubbish — if we have now one other crypto-contagion occasion, I feel it pulls bitcoin down too. So although bitcoin doesn’t deserve it and although bitcoin has nothing to do with that rubbish, it’s nonetheless gonna get sucked down alongside of it. That’s simply what occurs. Anyway, that’s my actually lengthy reply to say I’m type of cautiously optimistic based mostly on its worth motion for a commerce, however I don’t assume we’re out of the woods but. I feel within the subsequent 9 months issues are gonna be nonetheless type of tough and we’ll see what occurs.</p></div>