Mr. M Podcast | Maurizio Pedrazzoli Grazioli Bitcoin Just Did Something 99% Missed
Mar 25, 2026
They debate a subtle structural shift in Bitcoin accumulation and whether recent price action signals a new market regime. Conversation covers how news and tweets move short-term swings and why five red months might still flip to green. They probe the broken BTC/gold relationship, gold’s drop driving Bitcoin moves, and scenarios that could restore the prior power-law link.
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Short-Term Trading Is Unpredictable Due To News Reactivity
- Short-term price moves are highly reactive to unpredictable news and tweets, making short-term trading very difficult right now.
- Maurizio Pedrazzoli and Smitty emphasize focusing on long-term structural trends because macro noise (tweets, events) repeatedly disrupts intraday signals.
Big Buyers Are Acting As A Structural Floor
- Large institutional buys, notably Michael Saylor's ongoing purchases, have materially prevented deeper corrections in recent weeks.
- PlanC points to repeated, sizable purchases (some weekly) as a force keeping price elevated versus a free fall.
Post‑FTX Market Looks Like A Prolonged Accumulation Phase
- Market structure since the 2022 FTX event resembles an accumulation 'crab crawl' where 200 WMA trends differ from classic downtrends seen in past cycles.
- Smitty notes multiple metrics show no clear breakout from accumulation despite price rises from events like ETFs.