Episode Details
Back to Episodes2463: Bitcoin Breaks $86,000 for the First Time in 8 Months as Shorts Get REKT
Episode 2463
Published 3Â weeks, 6Â days ago
Description
Bitcoin surged through $86,000 for the first time in 8 months as leveraged shorts were wiped out and major Bitcoin treasury companies kept buying. Strategy acquired another 950 BTC while Strive added 1,355 BTC, bringing their combined latest purchases to 2,305 BTC.
We break down the Bitcoin breakout, the latest institutional and corporate accumulation, Bitcoin outperforming gold during today's move, Apple's crypto hiring push, and why the repricing process toward seven-figure Bitcoin may be accelerating.
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