#Bitcoin #BitcoinCycle #BitcoinSuperCycle #BitcoinPricePredictions
Bitcoin Super Cycle or Market Top?
0:20 DISCLAIMER The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
1:00 Two Sides to Every Story
1:30 Market goes up 6-10x, then falls 80%.
2:00 Hollywood Promoting Bitcoin
2:30 Will CBDC coins disrupt the industry?
Elon Musk’s Tesla sold out
Data and sentiment warn of a correction
The SEC Will Ban Bitcoin
New wave of Bitcoin enthusiasts who call themselves “Maxis”
Central Bank Digital Currencies (CBDCs) will destroy Bitcoin
Global central banks will want to continue their control over the issuance of the money supply
India/Turkey/Nigeria mull Bitcoin bans
The Long Hit List
3:00 Super Cycle Daddy: Dan Held
3:30 Where We Are Today
4:00 10% Penetration
“As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.”
– Satoshi Nakamoto
What happens when ownership of Bitcoin moves from 0.005% of the world to 1%?
Most pristine store of value narrative and clear move from gold as a hedge to Bitcoin
Halving has half an impact
High net worth Individuals buying
Mature tech and infrastructure (exchanges, borrowing and lending, futures)
Tons of on-ramps (Square, PayPal, ATMs, etc)
5:30 What’s Different From Previous Cycles
6:00 FIAT Printing
4,000 Spezialfonds to invest in crypto assets becomes law in Germany on July 1
Current investment = 0%
German 10yr interest rates at -23bps powerful incentive
Investing is Reflexive!
8:00 Plan B S2F
9:00 How Bitcoin Moves
9:20 Bitcoin Left on Exchanges?
10:00 How high can the supercycle go?
11:00 Super Cycle Top – 8 to 20x
$400,000 – $1M
12:00 Retracement percentage?
Retracement said to Hit Max of:
Huge buy vol at 50K
Paper hands fold
When we dip, I dip, you dip.
(Less than 400K will ever have more than 1 BTC)
13:00 Conclusion #1
14:00 Conclusion #2 Cycle Math (ev125)
14:15 Are we at a top – nope
Supply is dwindling fast
Whales and Institutions are buying at an accelerated pace
Weak hands are being washed out and FUDDED away
I see us at 100-208 this year and could be more if institutions continue
15:00 Conclusion #3
(you know what to do!)