In this episode of the 1000x podcast, Jonah and Avi dive into Bitcoin’s sharp recovery to $90K and whether it signals a definitive market bottom. They blend technical signals with macro narratives, from whale activity to Fed politics, offering a grounded yet bullish take on what’s next.
Key Points:
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Bitcoin's Bottoming Signs:
Avi highlights a textbook bottoming pattern - capitulation at $80K followed by a high-volume rebound and no new lows. The $92–93K range, a prior demand zone, acted as resistance but was met with healthier “profit-taking” rather than panic selling. -
Whales Stop Selling:
Jonah notes that OG whale selling, which drove much of the decline, has now slowed based on on-chain data. Whale wallets are no longer dumping - some even began accumulating again below $90K. -
Fed Chair Speculation Turns Crypto-Bullish:
Trump is rumored to appoint Kevin Hassett, a pro-crypto economist with ties to Coinbase, as the next Fed Chair. Jonah and Avi interpret this as a political signal that 2026 could be liquidity-fueled and risk-on. -
Macro + AI Fueling Risk Appetite:
Both hosts remain optimistic on equities and crypto, citing ongoing government stimulus and the growing impact of AI. They believe institutions will return in January, making now an ideal time to position. -
Best Trades Right Now:
Bitcoin is a clean setup with clear support at $84K and potential for a run to $100K. They also flag altcoins like Hype and Aster, and speculate on opportunistic trades in MicroStrategy and Robinhood.
Final Takeaway:
Jonah and Avi believe the worst of the selloff is over. With technicals stabilizing, whales stepping back, and a crypto-friendly Fed chair looming, they’re buying dips and eyeing a breakout above $100K in the coming months.
