Balchunas, Seyff: 'Both Sides of the Coin' Book Launches
Bloomberg analysts Eric Balchunas and JSeyff release 'Both Sides of the Coin' Bitcoin book for pre-order, covering ETF evolution and crypto risks amid BTC at $78994.37.
SourceAnalysis
Eric Balchunas and JSeyff announced their new book Both Sides of the Coin for fall release, a 370-page examination of Bitcoin post-ETF that details debasement risks, gold comparisons, portfolio allocation and tokenized finance for TradFi and crypto audiences. Bloomberg reporter Eleanor Terrett highlighted the project on X. With price testing upper Bollinger resistance at $79056.65 while RSI flashes overbought at 72.55, a healthy retracement to the 50-EMA support at $72867.94 seems probable before further continuation as the 200-EMA holds at $67202.12 and MACD shows bearish death cross signals. Traders tracking BTC price prediction models now weigh this technical setup against the book's narrative on ETF-driven financialization and potential crypto market crash scenarios while monitoring AI industry impact on blockchain adoption.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.