A ‘trap door’ will open up if bitcoin falls below $80K

00:00 Speaker A

starting on crypto Tom, and I’m starting with you here. I enjoyed your note uh this morning. You broke down very clearly why you think we are seeing this volatility and ultimately the sell-off in crypto prices prices. For those that didn’t get your note like I did, break it down for us.

00:27 Speaker B

Sure, Brian, thank you very much for having me on. You know, essentially what we’re seeing in in crypto is that it reveal it’s revealing itself to still be just primarily a speculative asset. You know, I think with all the positive headlines we’ve heard on the policy front over the past year including, you know, a very pro-crypto administration and more people buying crypto by ETFs, companies having…

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