# Crypto Q2 Outlook: What Actually Unlocks the Next Bull Run w/ David Duong Page: https://stenobird.com/podcast/the-milk-road-show-5039790/crypto-q2-outlook-what-actually-unlocks-the-next-bull-run-w-david-duong Text version: https://stenobird.com/podcast/the-milk-road-show-5039790/crypto-q2-outlook-what-actually-unlocks-the-next-bull-run-w-david-duong.md Podcast: [The Milk Road Show](https://stenobird.com/podcast/the-milk-road-show-5039790) Published: 2026-05-01T18:15:00+00:00 Episode link: https://podcasters.spotify.com/pod/show/milk-road/episodes/Crypto-Q2-Outlook-What-Actually-Unlocks-the-Next-Bull-Run-w-David-Duong-e3io65f Audio file: https://anchor.fm/s/83d264f4/podcast/play/119330415/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-1%2F423258612-44100-2-3b93384467ad8.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-milk-road-show-5039790/episodes/crypto-q2-outlook-what-actually-unlocks-the-next-bull-run-w-david-duong Duration seconds: 2256 ## Resource 🧠 See exactly what top investors are trading in real time: try Milk Road Pro for just $1 for 7 days. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ In today’s episode, we sat down with David Duong (Global Head of Research at Coinbase Institutional) to break down what's actually coming in Q2 2026. And more importantly, what will trigger the next major move in crypto? Bitcoin is hovering. Markets are getting whipsawed by macro headlines every other day. Meanwhile, institutions are quietly getting into position behind the scenes. Liquidity is shifting. ETFs are gaining traction. Regulatory clarity is inching closer. But is any of that enough to actually light the fuse on the next bull run? ~~~~~ ⁠⁠⁠📱Your carrier sells your data, switch to Cape and get 33% off your first 6 months with code MILKROAD.⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠🌊 Trillions are stuck offchain, build RealFi with Pharos and join the AtlanticOcean Testnet. ⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🎟️ Be where the next crypto cycle starts: get 20% off our Consensus ticket with code MILKROAD.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ 🔧 Tools & Channels ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🥛 Check prices, drink coffee, read Milk Road. It’s the easiest 5-minute habit to stay smart on crypto. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ ✊ Follow Milk Road on Social Media: 👉 Milk Road Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://link.milkroad.com/X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-milk-road-show-5039790/episodes/crypto-q2-outlook-what-actually-unlocks-the-next-bull-run-w-david-duong/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-milk-road-show-5039790/crypto-q2-outlook-what-actually-unlocks-the-next-bull-run-w-david-duong.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.