Calling the Recent Bottom and Bitcoin Mining Taxes - Daily Live 3/10/23 | E331


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In today's episode, I give you my thoughts on the price of bitcoin at the recent bottom on March 10. As you know, it bounced very hard. What did I say back then? I thought it had a short window to bounce and recover, which it did very shortly after recording this episode. Make sure to join me for the live streams.

Next, we cover the new proposed taxes by the Biden administration to place taxes directly on the electricity uses of miners in the US. I give you my evaluation of this proposal and its likelihood. Short version, it's not. Enjoy.

Charts and images

Bitcoin daily chart at time of recording
Oil WTI crude at the time of recording
Dollar index DXY chart at time of recording

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**DISCLAIMER: This is not investment advice, do your own research.**