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Bitcoin Just Went Vertical (Is The Bear Over?) episode artwork

Aug 12, 2026 22 min

Bitcoin Just Went Vertical (Is The Bear Over?)

from The Bitcoin Layer Hosted by The Bitcoin Layer

In this episode, Nik covers bitcoin's 22% week and a run that took price to just shy of $80,000. He walks through the multi-year trend line connecting the FTX lows to the start of the ETF bull market, why bitcoin generates most of its returns in short concentrated bursts, and the bullish divergence that showed up before this move. Nik explains why he thinks the real driver was not the Treasury buyback but the yen intervention and the developing US-Japan monetary alliance, and why Kevin Warsh lowering front-end rates is the only lever left. He closes on gold's run to $5,500 and the rising correlation between bitcoin and gold. The Bitcoin Layer and its guests do not provide investment advice.

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Bitcoin Just Went Vertical (Is The Bear Over?)

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This episode was published on August 12, 2026.

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