Will Bitcoin Crash 50%? 'Volatility Ahead' Before Fed Cuts | Kevin Maloney
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- เผยแพร่เมื่อ 1 มิ.ย. 2024
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Kevin Maloney, CEO of iTrust Capital discusses the recent Bitcoin price action, inflation, outlook for Fed monetary policy.
Kevin's last interview with me in April: • Brace For Bitcoin Pric...
*This video was recorded on May 16, 2024
Listen on Spotify: open.spotify.com/show/510WZMF...
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0:00 - Intro
1:20 - Bitcoin price update
6:10 - Institutional demand
8:50 - When will the Fed cut rates?
12:30 - Bitcoin vs. monetary policy
13:50 - Meme stocks and cryptos
24:37 - iTrust Capital
#bitcoin #crypto #investing
This guys smoking crack if he thinks the price of groceries has gone down
some products have. soda is back to 1.00 per 2L at walmart.
breakfast dinner - 2.00 even.
its never going back to what it was, but certain things have come back down.
Yeah all the “foods” you shouldn’t eat have gone down lol
Crack cocaine, fentanyl, and LSD are also becoming way more affordable now. 😂
He, most likely, doesn’t do the grocery shopping himself or he couldn’t claim that with a straight face.
Maloney baloney 😅
My investments in stocks and crypto are not meeting my expectations. Any last minute tips to improve my situation and make more $$$? I really need some urgent advice
Keeping up with news sources like CNBC could help out
Just buy when prices are low and sell when prices rise
No luck on my side yet, just a sideways trend and a bear market crushing my portfolio. Need a bull run ASAP.
Buy more and hold onto it for the long term. Solana and Radium seem good, and Dogecoin is worth considering too.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
JoyceAlbert has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets.
Cost of living going down? LOL
Cost of goods going down based on the CPI? 😅 Coffee was just removed from that metric to hide the cost increase. Prices are going up still.
It's amazing how delusional people are, isn't it?
They keep removing from "the basket of goods", one wanders what will be left it the basket. Perhaps air and water..
Starbucks is finally offering app deals like half off
Finally Starbucks is offering app deals. On some days i see half off deals
@@MrSnazzy682 Wow! Starbucks! Amazing! We are SAVED!
I would suggest NOT having this guy on again. He seems disconnected from reality!
"The cost of living is coming down."
How so? Looks all factual.
Bicolai Token is launching soon, its gonna be massive 🔥🔥
Inflation is far from dead, same thing we heard in October 2023 that 2024 would bring 6 rate cuts. I remember late 1970's and early 1980's, this younger generation does not benefit from that experience and will likely be proven wrong that Inflation is on the way down.
Groceries are still going up where I live - just went to the store two days ago and noticed significant price increases on some things I buy regularly.
Going down in many places - th-cam.com/video/dLeIWIL1Rg0/w-d-xo.html
What numbers is this dude talking about when he says that cost of living is going down. Like..where is he seeing this.
Why there’s no live customer service at Itrust Capital?
Because they are working for Bitcoin IRA !
Well no choice to not have him. He’s the sponsor of the show 😅
Yep. It's an infomercial.
Absolutely clueless
I think maybe David should trade his hair with this guest. 😂😂
Does iTrustCapital work with RRSPs and in Canada?
Buy Bitcoin and hold it for 10 or 20 years and you will be set. It's simple. Don't mess around with meme tokens in a Retirement portfolio lol.
can you please do a video about gold and silver and if they pull back during a recession? if this time is different? if not how far can they pull back. thx apprec all you hard work
Look out below!
Reminds me of Jamie Dimon . Spread FUD so he can buy in when it is cheap
How about the money supply?
when most people still overhype, it feels like it is too soon expect btc rally at this point. It may not down to low 50K but those liquidity at 60K might be taken anytime soon.
Do these institutions (whatever they might be) put BTC on their balance sheets?
If a law can change Bitcoin in any way, a law can change Bitcoin in EVERY way.
People still don't understand what "decentralized" means. Especially these government types.
It dropped to mid 50s was couple weeks ago?
Did he really say the price of groceries went down. What store you use buddy. I need to find that.
Bitcoin goes to 70k right after this interview haha
Cool vibes only - Revux's presale is the talk of the town.
If there are rate cuts due to an economic downturn, won’t those cuts affect BTC negatively, not positively?
How would BTC behave during a recession?
Prices are coming down? What???
One word, Revux!
Revux's presale got me hooked - the coolest way to be part of a groundbreaking project. Let's go!
Did GME short-sellers from 2021 cover their shorts already?
Inflation dropping?
Cpi ppi are no more tools to base your inflation measures
Bicolai Token is about to explode 🔥🔥
You think 2 trillion deficit is under control?
Easing is QE, not a reduction in the funds rate!
Bicolai Token is gonna be massive 🔥🔥🔥
Next stop for Revux, Binance listing.
Congrats to all early adopters, Revux will crush this year
The key move is to get in early, with Revux you can do that
Why would the Fed cut rates? if cost of groceries is coming down, if cost of living is coming down, if all is rosie 😅
Bicolai Token is about to explode anytime soon 🔥
It sounds near the start that this was recorded over a week ago, making it a bit stale, especially given price action since then.
Bicolai Token is listing soon, gonna be huge 🔥
LMAO....he obviously doesn't do his own grocery shopping. Especially in NY
I'm buying the Revux RVX token, I believe it will yield at least 100x this cycle.
Rich people apparently don’t feel inflation.
Second comment on this video…in what world is COL going down?!?!? Rents are not going down, cost of goods are not going down, gas prices are not going down
Bicolai Token is launching soon, gonna explode 🔥🔥
For everyone’s knowledge you can use technicals on your charts and know that when rate cuts happen…Crypto goes down. When rates are paused that’s when crypto goes up. When rates goes up crypto goes down. Just food for thought. Until crypto diverts from the stock market these “rate cut bulls” are wrong.
Bicolai Token is listing soon, will explode 🔥
Bicolai Token gonna 100x this cycle.. im buying all over the place
FED has always been wrong.
You can tell he doesn't do the grocery shopping or talk to his missus! Cost of living coming down 😅😅😅😅
Wtf, stop giving out my alpha bro.......😂🎉🎉🎉🎉 elliot wave theory will show the way😊
BTC just hit 70k lol 🤣
Someone here may have attended the University of Jared Bernstein
Maybe I should Buy some TROLL Meme coin Since you said it will be the Next big thing like Pepe was last time . Thanks for the Advice you are so kind.
This title is click bait and this guy is wrong on "prices coming down" and it's basically an infomercial for his product. Do better David.
It’s not colorful at all 😂
Wow, delusional much??...🤪
Why do these people buy at $33-63k, not when it was at $15k?!
Because they don't have the money at those times.
Ride the bull run with Revux, sale ends soon
Revux RVX is a top gem, DYOR!!!!!
Bicolai Token launch is soon, gonna be huge ✅️✅️✅️
Turned off after he said bitcoin will fall to 50 and then up :) till 3k and never up I would say
I actually came here for comments before I listened any more and saw a comment thst reflected my sentiment. Gareth Soloway II shirting Bitcoin. Adios David. See you next episode. Not wasting my time with someone wanting to pump their shirt bags. Thanks for putting that in the intro.
Explain why? Because one of us seems to be missing which way the wind is blowing..
Here's just one question I could ask: Since January the new BTC ETFs, held by the likes of BlackRock, have collectively bought $12.4billion worth of BTC. It cost them millions to set up the infrastructure, and years of legal work and politicking to achieve this. So under what circumstances will they be selling all those BTC, when the purpose of an ETF is to speculate on future profits? Black Rock, Morgan Stanley etc, their purpose is to make speculative financial decisions that render profits. So what do you think they didn't take into account when creating these ETFs? What nugget of information are they missing that would cause them to invest billions within the space of a few months, into an asset that is apparently going to lose 96% of it's value, down to 3K, and never rise again?
@@littlebitmckee8234You're aware that seeking out comments that match your pre-existing sentiments, whilst blocking out commentary that doesn't, is the definition of confirmation bias?
I mean never say never, but it's probably not even going to fall to 50k.. touch wood.
@@Matt-zk8qh the last time bitcoin fell to 56k when stock market fell only 5%, so when stocks fall 30%, bitcoin will be 3k due to panic.
All these guys say the same thing, just lower interest rates back down to 0 or close to it and everything, the economy will be absolutely fantastic then. Inflation will then miraculously go below 2%, Bitcoin will go to $500,000 and all the homeless will be housed. 😂😂😂
10:40 "just a cost of living is coming down" ... a bit delusional to be honest... Ok I'll watch it till the end even after this, but just because of pure curiosity what's next😀
Dude is out of touch. Costs aren’t coming down. Do some of your own shopping buddy
Bicolai Token about to explode anytime soon
Hmm..maybe need to pull out of I trust capital Roth IRA..this guy smoking
Bitcoin ain't dipping below $60k... ever.....
You are stupid beyond belief. Bitcoin will be back under 25k next year
It probably will but most likely not under 45k ever again
Nah... you should short it then... but you won't..... 😊
This guy live in the upside down
How can anybody live in a country as boring as America?
This is NOT reality
FED has set the stage for rate cuts , China FX is flowing in, Institutions just started coming in. The next move is incoming liquidity. Bitcoin isn't going anywhere but up. All these Gareth Solowey types 🙄
✅🚀✅🚀✅
Eh, I dont buy this take at all. I think you'd be SUPER lucky get get in at 61k over the next week or two, but more likely than that....even those days are gone. Bullrun continues!
It's in wyckoff reaccumulation with spring action. Plus, we just saw the spring at 38% from the highs, which is historically the best deal you're expected to get in a BTC bull market, so anyone who says we're going lower is smoking crack.
yet expecting btc to rally between 70-80k in during May 2024 is pretty much delusional, unless this time is different like everyone saying so bull cycle will be shorter and we will see bear market start before 2025.
He's wrong about CPI (fake data) but he may he right about the animal spirits...
This guy needs to prepare a more convincing pitch if he’s going to have “iTrust” in his business name. Conflating a reduction in inflation to a reduction in prices and cost of living is extremely misleading. Disinflation does not equate to deflation, and we still haven’t seen a trend in disinflation, with inflation data reaccelerating. Does not give the appearance of trust in any way to mislead people. Look at the way he smiles awkwardly when David calls him out of his ridiculous statement that “the cost of groceries is coming down.” In what universe is the cost of groceries and fuel coming down? It will come down at some point, yes, and it will be bc the average consumer is broke and we are in a recession. I’m sure people will be lining up to buy digital assets when they have no way to buy food or pay rent.
Some argue BTC is worthless, but I do everything with my BTC.
Plus, our young men need a way to get rich without working.
What could go wrong?
By far the most clueless guest you have interviewed. He is completely out of touch with reality!
Itrust capital has blocked european users. Loool😂😂😂
What is this guy talking about? "Cost of living is going down." He lost all credibility after that.
Doom and gloom channel
This guy believes in the CP lie!? What's he smoking?!!!
Yeah, that's it David. I'm £ucking done.
This guy thinks inflation is coming down? Look at copper, or coffee, or cocoa, or gold and silver, or...
"I don't like making predictions, I'm usually wrong." 🤦♂️ Why are you talking to this guy?!?
3 interviews a day and almost NONE of them useful or worthwhile. Enough is enough.
Unsubbed. 😔 I had hoped for better from you, David. Quality is more important than quantity. Good luck.
Maloney baloney 🎉
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
HOW! I would really appreciate if you show me how to go about it. Please can you list the platforms?
This is a myth and a falsism perpetuated by the rich. Don't parrot it. Just think about it for like 10 seconds, it's nonsense. Read literally anything of substance, any research at all about wealth and poverty and their causes, pls. The rich are definitely not frugal, and the poor are definitely not overspending.
CPI is obviously manipulated, either way fed is lying and clearly wants to heat up the printer. Im so thankful for Satoshi, my 15k would have gotten roasted if it wasnt in BTC.
My big question is what happens to BTC/USD if ETH gets a NO on ETF and further investigation. Instead of $ flowing to Alts with ETH getting reclassified do we see much more inflows than last into BTC?
Bitcoin.....is waiting for a big crash.......
Silver will shock the World!😎
No it won't!! Silver died in 68, gold in 71. Stupid rocks
Bitcoin to Zero. Fools Gold.
When? And more importantly, why? Back that statement up bud!