
About this episode
Josh Olszewicz is the lead analyst at Brave New Coin. Josh joins Andy to discuss Bitcoin's bullish start to Q4 and the likelihood that the bull trend will continue. Josh says he is targeting $100K Bitcoin before the end of the year.
Why you should listen:
"If we can hold $50K, I like six figures easily by the end of the year. Definitely. Maybe $120k, $130k, $140k, but definitely six figures by the end of the year."
Yes indeed, Josh is bullish. How bullish? Josh says, "If we get an ETF approved that will be massive for price. We have seasonality on our side. And the on-chain metrics are bullish with continuous upticks in active address and transaction counts since the end of July. What else do you need? When you line up the fundamentals and the technicals and the on-chain stuff Bitcoin looks amazing to me."
Listen to the show to hear what would need to happen for the bull thesis to falter, plus Josh and Andy chat hash rate, NFTs, altcoins, the funds Josh trades for Techemy Capital, and why they're watching Netflix at 2x speed.
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