Powell and Politics Give Bitcoin The Green Light For A Q4 Rally #31
Update: 2024-08-28
Description
In this week's episode, Imran and David discuss the recent spike in BTC prices, as the Jackson Hole speech from last week had some stronger language and signalled the start of a cutting cycle. The recent developments in US politics have seen Trump take back the lead in the polls, and they discuss how BTC is likely to trade in and around the run-up to the election. Imran caught up with traders Bob Wallden and Bohan Jiang from Abra Prime Services to see how they were seeing the current market and what trading styles they were employing to navigate crypto, having both come from FX vol backgrounds. Bohan pointed out that the election debate scheduled for September 10th is probably the next big mover for crypto markets.
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