Bitcoin to Hit This Level Before Next Breakout, Charts Show This for BTC, Gold & Silver - Grummes

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Florian Grummes, Managing Director of Midas Touch Consulting, who breaks down what’s next for Bitcoin, gold, and silver. He forecasts the next price drivers for each asset and shares his technical analysis based on what the charts are saying. Grummes also weighs in on spot Bitcoin ETFs and the latest news of the SEC approval of spot Ether ETFs.
Follow Michelle Makori on X: @MichelleMakori ( / michellemakori )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Florian Grummes on X: @FlorianGrummes (x.com/FlorianGrummes)
#Bitcoin #gold #silver
This video is brought to you by Swan Bitcoin
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00:00 Bitcoin, Gold, and Silver
01:11 Technical Analysis and Seasonal Patterns in Bitcoin
07:10 Bitcoin's Volatility and Future Price Projections
11:55 Spot Bitcoin ETFs and Institutional Involvement
18:30 The Future of Ethereum ETFs and Impact on Bitcoin
20:59 The Political Influence on Crypto
21:43 Gold's Market Movements and Analysis
26:22 The Geopolitical Impact on Gold Prices
31:27 Silver's Surge and Market Predictions
36:56 Ethereum ETF Approval and Crypto Market Dynamics
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[@tempst4]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks... I'm especially grateful to Aaron Gavin whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[@tempst4]

@AaronGavin

[@tempst4]

@AaronGavin

[@ashweenie805]

Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!

[@PeterHufnagel-mk9gg]

It really helped trading Aaron Gavin analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..

[@weedancfc]

I appreciate the professionalism and dedication of the team behind Aaron's trade signal service.

[@rachelonigirl]

Loved every second of my watch to the very end. You are a great teacher. I’m 56 and own a small business with $480K in savings. But I'd still love to grow my investments ahead of retirement. Do you mentor others? Really need some guidance to financial freedom.

[@donovantobs]

Just buy BITCOIN and hold. Or gold, or find quality stocks that have long term potential, and ride with those stocks. But advisably, just seek counsel from a market strategist.

[@AmithKaury]

Agreed, this is why i now work with one. I’ve been investing by myself in the market for 11 years now, but the last 6 years is with the help of a financial planner. Throughout the 6 years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1.4m roi as of today.

[@Jamesjerome0]

Please who guides you on the process of it all?

[@AmithKaury]

She's known as a 'Michele Katherine Singh'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.

[@Jamesjerome0]

Thank you for sharing. I just scheduled a phone call with her. She seems proficient considering her résumé.

[@adrianPUSKAS]

Hey all, in search of a tool to automate Solana token buying. Any suggestions?

[@Malibu-gq3yn]

gpt sniper bot

[@limaynoob6774]

Papenova Token let's go baby 🔥🔥🐸

[@Ambassador_Gkar]

I HATE BOT TROLLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[@LunaKaiFloat]

finger

[@Ambassador_Gkar]

@@LunaKaiFloat Do you mean 🖕??

[@luciferdevil4725]

Buy more gold and silver

[@revo1974]

That Michelle Mikori is one piece of Ayyyccee

[@geoms6263]

During the past decade, gold has an inflation adjusted return of 30%. On an annual basis that's a measly 2%. Then there's Bitcoin. When accounting for inflation, the world's first cryptocurrency is up more than 3,700% with annual returns of 44%.1. mars 2024

[@kostaskoutras7056]

Eat gold I eat bread

[@erichood3169]

Yea but you have to buy physical. Otherwise Do you really own it?

[@patrickabergel4069]

Michelle Makori is so smart, always asking the best questions and making brilliant comments

[@user-eq9pe7xk4u]

Papenova Token is next atleast 100x coin, in fact Papenova Token is the new PEPE 🐸

[@Ambassador_Gkar]

I HATE BOT TROLLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[@ginochacon6812]

Olives ,Mushrooms pineapple/mozarella cheese pizza.. yummy !! I ‘m writing from Venice Beach and we used to also have a one dollar per slice of pizza on the Venice Boardwalk but that was in the 80’s and in the 90’s but not anymore. Great vid again with kitco News Michelle Makori and Florian Grummes regarding investment topics such as gold, silver and bitcoin but with challenging forecasts bc there are many economic variables for these said topics to be able to predict their outcomes but it it’s always interesting to listen to different perspectives and points of views . Also, very specific questions as always with clever answers. Always learn something from these interviews with Michelle and company. Please keep these great vids coming. Thank you both.

[@monterodeck9287]

Michelle is spot on that hawaiian pizza reigns supreme!

[@MichelleMakoriVideo]

That sweet and salty combination. Delicious!

[@dudleydooright]

She was wrong about the most controversial position though.. that would be the anchovies she likes. People will still eat the Hawaiian.. but if you surprise them with anchovies, most will walk away.

[@LAStreetPreacher]

Silver should hit $50.00 within my time frame 2024-2028 and probably even higher possibly to $75+. This would be a conservative move. $100+ is very possible by 2028-30. Smile Michelle :)

[@claytonschemper8375]

Florian, great interview. Very well spoken and aware of current geopolitical tensions. Also a very interesting collection of multilingual books on the back shelf!

[@davebellamy4867]

Including a German language edition of The Creature From Jekyll Island. Just behind his ear.

[@ChanduMungara-zb8fn]

Papenova Token is going to be huge 🐸

[@scwam]

Scam token

[@Ambassador_Gkar]

I HATE BOT TROLLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[@timothylangley9406]

Conservative commentary with lovely chemistry = educational and entertaining = very classy. Thank you.

[@hlqa7938]

Me encanta Michelle y q buenos invitados!!!

[@JamesAnderson-ez2df]

Thank you Michelle and Florian . Great insight and podcast😎

[@teutnoeske]

The best German Analyst :) Thx a lot!

[@ivecadit]

Love the Bitcoin orange dress Michelle!

[@ryuaan]

Great interview, and insights.

[@tobieloubser8296]

Much appreciated!! Great value.

[@auaggoldbug4151]

Michelle is the ultimate Money Honey!!

[@banman17]

Love your show Michelle - you ask great questions and don't take any crap from your guests if they try to dominate the conversation or not answer a question. Now wonder you're so loved by all. Can't wait for your next interview.

[@ivecadit]

I love pineapple pizza too Michelle! 🍕

[@mitetoys1]

Cheers, Florian! Thank you for the insights!

[@gregorygreene1940]

Would love to see Bitcoin drop back down to 50K this summer. Immediate buy of more IBIT for me if it happens. Buy low, sell high.

[@Seedavis397]

I’m a precious metals guy through and through. But dang that thumbnail. Michelle got it goin on

[@BallyBoy95]

Michelle kinda bad, ngl.

[@gregbarnes7247]

@@BallyBoy95 she a baddie 100% and smart

[@bobbyagee3796]

Michelle you are now Super Awesome. Pineapple on pizza ABSOLUTELY 😋

[@michaelnelson2970]

I'm going to predict 'no summer doldrums this year '. Go for it !

[@kellyconner4122]

Agreed Florian dead wrong I believe?

[@anonymousperson2578]

This cycle is DIFFERENT! There are converging factors driving silver prices. 1. Above ground supplies are FAR short of demand 2. The Chinese and Indians are buying TONS of silver 3. The solar industry is gobbling up silver like no other

[@user-pj6bl5md5r]

Look into solar more. They have so many cheap panels made in China they are basically giving them away. Same with EVs. Plus no one wants EVs or solar in America. Insurance companies charge an arm and a leg if you have those things. We are done with renewable rap. Nuclear power is the way to go

[@Aipips]

I really like the bitcoin updates the best Thank you!

[@jasonsykes5993]

But does this pattern of low in September follow a halving yr as well?

[@rickyry1583]

❤ Michelle. Thanks for your analysis Florian.

[@kitco]

Thanks for watching!

[@markmcginnis8109]

Absolutely brilliant and beautiful as always

[@MichelleMakoriVideo]

Thanks 😊

[@MichelleMakoriVideo]

Thanks 😊

[@RyanLetourneau31]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.

[@SmithWilliams21]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@WyattGrayson-ot6br]

Victoria Wiezorek strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

[@GregoryAbbott232]

You trade with Victoria Wiezorek too? Wow that woman has been a blessing to me and my family.

[@AliciaHeaton]

I'm new at this, please how can I reach her?

[@GavinDunne654]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@erikbusenbark4865]

Michelle - you are smokin"

[@davebellamy4867]

40:00 He has a German language edition of The Creature From Jekyll Island. Just behind his ear.

[@harismuzaffar1151]

Lots of other countries off loading usd. Not just China my friend.

[@Metal_seer]

Thanks to Florian for his insight precious metals, and to Michelle for her key questions. (And, I must say, She looks as good as I can remember seeing Her.)

[@benchokwaiman]

Yes, since a few days she magically became 10 years youngers and smoking hot!

[@Metal_seer]

@benchokwaiman * She really looks like a college girl in that thumb. Maybe she will share the location of the Fountain of Youth with us.

[@tomthemoose20]

Michelle, that was a great interview. Loved the interaction between you and Florian - especially the pizza talk! I always learn a lot when Florian is on and look forward to your having him back soon. Ciao!

[@user-ff8do2lg9c]

thank you you delivery the good point which i want

[@BeepCulture-db7et]

The full Tyler Durden Screengrab - LEGENDARY

[@SmokyPemberton-te5oq]

Is that a leather bound set of Shakespeare on his top shelf?

[@tessjones5987]

Excellent information.

[@johnyaniuk1254]

I agree Michelle.... broccoli definitely does not belong on a pizza 🥦🍕 And olives definitely belongs on a pizza. Have you tried shrimp vice anchovy? It's really a yummy alternative to the anchovy...

[@user-wg2vw3mz1v]

I agree with this man's TA

[@cryptoscool]

Me too re: cup and handle pattern. And agree with Michelle re: pineapple on pizza. 💯 😋

[@PepeCoinMania]

lol that’s why you going to lose The bitcoin isn’t a trade it’s a very scarce asset we still have a lot room for growth

[@CristinaMarcu-kn9ku]

I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 27 btc from day trading with Craig Reeder insights and charts his been one step ahead of other analysis….

[@coleman36]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

[@YasserTenagatki]

Craig Reeder’s crypto knowledge is like a secret recipe for success. not just for beginners tho....

[@JoshuaK.Coble22]

My favorite TA man. ALWAYS on the ball, honest and to the point Word is spreading fast I see.

[@CristinaMarcu-kn9ku]

CraigReeder

[@scwam]

Reported you seed scammer of manufactured conversations, your friends (your other profiles) are also reported.

[@anupamsircar111]

Thanks for making it so interesting!!!

[@jksmithiii]

Michelle, agree on the anchovies and broccoli. Where have you been all my life?!?

[@mtpeterteacher755]

She's been busy balancing brains with beauty.👍

[@MichelleMakoriVideo]

Ha! if they are good anchovies it hits the spot!

[@user-pj6bl5md5r]

Shoot ive noticed silver has moved then a day later bitcoin moves for the last month. Weird whether its largelrsmall moves it matches silver

[@timlekic909]

Love the hair 🎉

[@garybooth3130]

Think Michelle caught this guest off guard with the pizza question and a little bit speechless commenting on her fave toppings....bet he never guessed he would be talking about pizza during his interview!😂😂

[@davebellamy4867]

0:01 All BTC 18:00 Etherium ETF? 21:43 Gold 31:27 Silver

[@donaldduck926]

Michelle, ma belle These are words that go together well...

[@anonymousbyname]

this was good

[@micy9714]

Blackrock is able to short BTC cheaply compared to retail investors

[@guloguloguy]

IMHO: MICHELLE IS AWESOME!!!!!!

[@MichelleMakoriVideo]

Aaaw thanks 😊

[@SourabhSingh-qs8jb]

BlockSailor is 🔥🔥🔥

[@getitnow33]

good pizza topping choices. agree

[@kellyconner4122]

Smart money still on Pepe!!

[@user-yt2vd9gz8y]

When black rock got in, I got out and got more silver and gold. You can hold it in your hand. Bitcoin has potential counter party risks like power grid and telecoms, not the most reliable means of accessing your BTC.

[@louverture905]

This is such good information. Thanks, Michelle!

[@BryanBergen-og2dq]

Do you make decisions with silly rhymes? "Buy some more and close the door" lol

[@vtgothic2702]

New liquidity supply as a driver of bitcoin price, yes. But also, supply side shock as initial long-term allocations enter later this year and into the next couple.

[@jksmithiii]

And we don't say the same about gold ETFs?

[@lisarossiter9809]

Right.

[@ryancane697]

Its the end of may !!! Great time for this info lmao

[@jasonsykes5993]

Silver is in a cup and handle formation since its all time high in 2011. After 50$ cup will be complete then pull back for the handle.

[@mookytc]

Thank you for sharing your pizza preferences Michelle!

[@madoxe1979]

great stuff. I always do the opposite of kitco and jim cramer

[@josephscott1952]

I been loading up on Ethereum shares

[@user-am5pw0sh1d]

22:15 27:45 31:45 38:25

[@gimmeshelter1969]

Bitcoin and NASDAQ correlation is quite strong according to the guest. I was completely unaware of this! 😮

[@philipdefranco6503]

I respect your work mate. TA is good but I find it truly baffling that all major crypto youtubers just look at pure T.A and completely Ignore the bigger narrative of why BTC Is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major pump at the peaks of BTC.. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. more emphasis should be put into day trading as It is less affected by the unpredictable nature of the Market.. I have made over 8btc from day trading with Pamela Frederick, insights and signals in less than two weeks, this is one of the Best medium to backup your assets incase it goes bearish

[@Michellephan65]

This is a useful information. How do I connect with her?

[@philipdefranco6503]

ON TELE

[@philipdefranco6503]

GRAM

[@philipdefranco6503]

@ Pamela304 ...... THAT IS IT

[@Michaelbuckley699]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

[@LoveyouU2-so1bp]

I'm buying the Papenova Token token, I believe it will yield 100x this cycle....

[@goodshorts6456]

Papenova Token on Eth looks ready to take off bruuuuh

[@solarrev1]

Broccoli and blue cheese pizza 😊

[@surfingerikson]

Michelle, the content where you specifically interview bitcoin experts is my favorite. You ask very thoughtful and penetraring questions, which i appreciate , thank you and all your colleagues for the hard work you all do Kindest regards Erik

[@danielmoore908]

I’m with you on the Pizza toppings ! Love the Hawaiian!

[@RickNYC732]

Haha I don’t think think Kitco vetted that last Tyler Durden tweet

[@devil.0308]

Papenova Token is the PEPE of memecoins. Mark my words

[@Javier99999]

damn michelle, that thumbnail tho

[@James-yu1yd]

I'm buying physical silver and silver miners like MMC.ASX gold and silver junior stock, has a $150m processing plant!! 😊😊

[@AnneliAnna-vc5cl]

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life.

[@user-vw8nh4dw2o]

we being manipulated to hell, almost everything.

[@kellyconner4122]

Always watch your back!!

[@user-vw8nh4dw2o]

@@kellyconner4122 I scrutinize everything before I act.

[@kellyconner4122]

I love you!

[@user-pj6bl5md5r]

Hawaiian pizza is my favorite

[@KimoKapaku]

damn she looks bangin in orange!

[@BryanBergen-og2dq]

SCHWING !!@!

[@thorstentrapp274]

Michelle, for your information, just because you can put pizza in your mouth and through your digestive system, that doesn't mean pizza is food.

[@suneelkorrapati3382]

Binance listing Papenova Token is definitely around the corner is just a matter of time and patience.🐸🔥

[@user-ti8cm3ru3i]

Papenova Token no doubt. Papenova Token TO THE MOON

[@rickstorm5154]

Doge dog dies - will it affect the price of Doge, or others?

[@debabratadddey]

holding my 100k Papenova Token from the presale .. $Papenova Token to the moon!🐸

[@nevillokapi3617]

GOLD SILVER PLATINUM REAL MONEY..❤❤❤❤❤❤❤❤

[@2signalman]

Clif high was right! Crack up boom😮😮 predicted this years ago

[@lohbatuling4385]

Went to buy a half oz gold bar yesterday at local bank in Singapore. An Indian Banker next counter to me scooped up a massive 4 kilos of gold. I almost fall off my chair when i saw the staff handing him 40 x 100g gold bars. Omg

[@davebellamy4867]

4 x 100 or 4 x 1000?

[@mg___editor___03]

Now is the time to stack up on Papenova Token.

[@josephscott1952]

I would buuy gbtc

[@DadTrades421M]

No one ever talks about who accepted that btc pizza money.. yes the pizza shop, okay did they hold? Was it a peer to peer then settled in dollars? WILD

[@MichelleMakoriVideo]

Good point ….

[@3rdGenRX7TT]

Oh my gosh yes Michelle. .I agree 🙌🏼 ..Hawaiian 👍🏼 but now way 🥦 👎🏼

[@savitamahajan836]

Buying Papenova Token Today Is Like Buying Bitcoin 12 Years Ago!

[@Sahilkhan-sc3yl]

Papenova Token WILL BE THE #1 MEME COIN IN THIS BULL RUN 🔥

[@RunaPatsani-zu3nz]

Papenova Token the secret gem will shock everyone 🐸🔥