Massive Price Pullback Soon? (Take Profits or Hodl?) – Last Week Crypto

This is another episode of a weekly cryptocurrency news series called Last Week Crypto.

We cover the latest global news stories affecting the cryptocurrency markets January 3rd through the 9th of 2023.

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======== VIDEO SUMMARY ========

This week we will discuss the effects of the new US government administration on our crypto portfolios, how retail investors are fomo-ing into the market in droves, how institutions are fomo-ing into the market in droves, and the importance of taking profits periodically throughout this bull cycle.

00:00 – Introduction
00:46 – Crypto.com
01:15 – Wednesday AMA
01:50 – Market Movements
02:24 – Bitcoin locking it down, but not the Capitol
02:43 – History never repeats but sometimes it rhymes
03:00 – Trump finally concedes Biden will become president
03:12 – Democrats Take Control Of Senate
03:23 – What is good for the crypto portfolio?
03:35 – Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally
04:26 – Bitcoin Google Trends
04:40 – Bitcoin’s Price History
06:32 – RETAIL FOMO IS HERE!
06:46 – YFI currently has a smaller market cap than DOGE…
08:23 – Institutions FOMO into crypto as much as retail
08:30 – Morgan Stanley just filed an SEC form…
09:02 – Coinbase IPO will give institutions another indirect proxy
09:10 – Dear CEOs, Stagnant share price?
09:38 – Banks Are Authorized to Use Public Blockchains
09:49 – DeFi to be Used by All Banks
11:00 – ETH versus banks
11:15 – They won’t be able to ban bitcoin
11:45 – Large jump in coins sent to exchanges
12:44 – Bitcoin price volatility spikes
13:11 – At first people underestimate crypto bull runs
13:18 – Where we are on the Market Cycle
14:00 – Be prepared for ETH to hit 10k this year
14:27 – Buy a Hardware Wallet!
14:54 – Protect Your Ability to Generate Income!
15:22 – Outro

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Massive Price Pullback Soon? (Take Profits or Hodl?) – Last Week Crypto

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Kane Dane