Episode 31: Powell and Politics Give Bitcoin The Green Light For A Q4 Rally

In this week’s podcast, Imran Lakha and David Brickell discuss the recent spike in BTC prices, as the Jackson Hole speech from last week had some stronger language and signaled 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.

The following topics is covered:

0:00 – Introduction
0:44 – Market Overview & Powell’s Speech and Rate Cuts
5:42 – Link between the US Election and Crypto Prices
9:24 – Global Financial Conditions are shaping up & Vol Perspective
12:01 – Imran’s current trades
13:23 – Imran catches up with Bob Wallden and Bohan Jiang from Abra Prime Services
18:07 – Abra’s Client Base & Differences between FX and Crypto Markets
25:20 – How to Measure Realized Volatility & Optimize Gamma Exposure
30:15 – Thoughts from Bohan on the Current Market Outlook & the Election
35:15 – The Election in relation to Altcoin market & Crypto Vol
38:15 – Why is Crypto getting left behind in the last Risk Rally?
44:34 – Thoughts on the Conversation with Bob and Bohan & US Election View