Spot Bitcoin ETF Approval Odds Hit 90%, What's Next for Bitcoin Rally? – Fred Thiel

(Part 1/2): Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, engages with Fred Thiel, Chairman and CEO of Marathon Digital Holdings, as they delve into Bitcoin's recent surge to a new 2023 high. Thiel shares insights on the anticipated approval timing of a spot Bitcoin ETF and provides his bullish, bearish, and base-case price forecasts. Stay tuned for Part 2!

Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Fred Thiel on X: @fgthiel (https://twitter.com/fgthiel)

00:00 - Intro
01:58 - What's driving Bitcoin rally?
05:42 - SEC approval of spot Bitcoin ETF: when & what's next?
10:00 - Shift in sentiment & reaction to ETF approval
23:57 - Impact of geopolitical tensions on Bitcoin
29:57 - Marathon's price forecast: bull, bear, base-case
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