
Prominent Bitcoin maximalist and former financial journalist Max Keiser has voiced a new ultra-bullish Bitcoin price prediction based on newly emerged data.
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X etf's.com Merry Christmas fam. We're having a hell of a Christmas pump. Bitcoin's doing its thing, up roughly 5,000 on the day. Looking to retest 100 GS in today's show, I'll be breaking down the latest Bitcoin technical analysis as well as 37% of the UAE retail investors plan to increase their crypto in 2025. I'll be sharing the latest from this survey as well as 31% of all Bitcoin holdings now officially belong to the ETFs governments and micro strategy. I'll be sharing this report from the crypto Quant CEO as well as macro guru Raul Pal predicts crypto market will rally pretty strongly into the end of the year. Send it I'll be sharing his timeline and outlook. We'll also discussing Bitcoin flashing a bullish pattern that led to 100 rally earlier this year according to crypto analysts. We'll also be discussing the latest from the one and only High Priest Bitcoin Max Kaiser projecting bitcoin to smash $2.2 million per coin. Along with all the updates from the High Priest, we'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good Crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts.net Again, that's crypto news alerts.net Merry Christmas Eve. Today is pod number 1858. I'm your host JV. It's December 24th, 2025. We're having a hell of a Christmas pump this is what I like to see. Thank you, Satoshi for hooking it up. Bitcoin's up in the green. Five GS on the day. We already eclipse 99 a little earlier. Looking to retest 100,000. And towards the end of this stream, when we're done with the pod, we're going to switch it and flip it into a pump watch. Just because we're up so much, I think it'll be fun. Christmas Eve here, celebrating with the fam. So expect this stream to go on for hours. The stream that never ends. How about those apples? But anyways, let's kick it off with our market watch as we do each and every day. You can see bitcoin in the forest green up over 5% of the day. Not too shabby. It's cool because a 5% pump is literally 5, 000 when you're looking at a hundred thousand price action. You also have ether bnb, all the major cryptos pumping and in the green. And check it out. Coinmarketcap.com the market cap has been soaring. Here you go. We're at 3.4 trillion total crypto market cap. Bitcoin market cap above $1.928 trillion. There's 145 billion where the volume of the bass 24 hours and the Bitcoin dominance is 56.7. Ether dominance all the way down to and checking out top 100 crypto gainers of the past. You can't make this up. Proof we're living in the simulation. Fartcoin is the number one gainer on the day, up 45% now trading at a 108. Go figure. FartCoin. Who would have thunkith? Next we have pudgy penguins. More evidence we're living in a simulation. Up 25% on the day. Next we have Bitget and Hedera. Let me know which al ifany you're bullish on for the bull. Holl at your boy. And checking out the crypto bubbles. Yesterday virtually everything was in the blood red on the D. Today we flip it. Everything's back in the green, baby. And zooming out on the monthly. It's a mixed bag. I'd say maybe 60, 40 red over green. And check it out. The crypto green and fear index. Today we're 73. Yesterday 70. Last week in 87 and last month 80 and extreme greed. The higher this number goes, the more likely of a pullback. And after today's massive pump, I would assume tomorrow this number is going to shoot up. And checking out the time chain Calendar we have 173815 blocks until the next having in 2028 and we're currently block number 876185 and you can currently exchange $1 for 1027 SATs. So stack them sats and let's freaking go. But anyways headline here reads bitcoin stand a rally buyer step in and drive the price of 98. That's right here you're looking at a sexy one hour chart. Bitcoin passed even 99 here today on Christmas Eve large spot buyers lifted the deflated bitcoin price action. How about that? Trading view showed bitcoin hitting new local high of 98. And again we were 992 when I screenshotted it earlier this morning on Coinbase. But anyways up by more than 3% on the day. Bitcoin attracted fresh bids after a shaky start of the week. Saw a recess of the December lows. That's right, we crashed like 92 the other day and we're right back near 100 just like that. The Santa rally may have come for crypto after all. Thank you Satosh. Bitcoin large spot buyers are showing up. Let's freaking go. I mean you can see here the crypto exchange Bitcoin order book data bullish now the latest data from Coin glass put the 24 hour short liquidations at nearly 40 million at that time with a cross crypto total of 150 million. Quoting the analysts here, nice strength in bitcoin today so far. We flip the first. This episode is brought to you by Lifelock. The holidays mean more travel, more shopping, more time online and more personal info in places that could expose you to identity theft. That's why Lifelock monitors millions of data points every second. If your identity is stolen, their US based restoration specialist will fix it guaranteed or your money back. Get more holiday fun and less holiday worry with Lifelock. Save up to 40% your first year. Visit lifelock.com podcast terms apply v WAP resistance which you can see in the green arrow on your screen. And if we can flip the second one of 98.5 then the all time high can be tackled. Current all time high sits at roughly 183 now. Coinbase Premium also looks like it wants to break the downtrend which is the blue line as you can see here. The chart additionally showed a rebound in the coin base premium reflect an increased buying pressure during the U. S Trading hours. Now popular analyst REC Capital adopted a more cautious view. Here's what he said. Yesterday, Bitcoin showed some signs of a relief rally, after which the price was rejected to the new lows. Today, Bitcoin's rebounding yet again and once again into the old support. Overall, as long as the previously lost supports turn into new resistance, additional downside should be expected. Conversely, a reclaim of the previous loss supports would obviously be bullish, and that's precisely what we're witnessing. Bitcoin also outperformed the US Stocks on the day, with the S and P and NASDAQ indexes both up by less than 1%. So Bitcoin for the win and pulling up some of the live charts you should be able to see here in your screen. Let me flip it for you guys. Cleaner. There you go. Yeah, you're looking at the coinbase chart. This is live and in the flesh. You do have a rectangle formation which is highlighted a lot of targets. So I'm going to read you the the bull targets right now, 107, which would take us right back on the cusp of price discovery Again. Price discovery is currently sitting at 183 on Coinbase. And look how many green candles we've had on the one hour chart consecutively here. 1, 2, 3, 4, 5. We call that the staircase to heaven. You gotta dig it. So one hour chart, very bullish right now. Zooming out, we'll get a quick look at all the different time frames. The four hour, which is one of my favorites, still shows the rising wedge overall formation and we do have a bull Target sitting at 107, very similar to the 1 hour chart. A lot of action going on in the charts right now, extremely volatile, which is to be expected. And we have one week left to close out the month and typically the final week of the year is very bullish, especially the year they're having. So new all time high. Still in play, family. We have a rising wedge formation on the daily chart. You can see the big green candle which is being formed the past 1, 2, 3, 4, 5 days have been bearish, we've been correcting, but finally bullish once again. And zooming out from the daily, take a look at a weekly which is going to still show the124,000 target. As you can see here, we had like five or six green consecutive candle closes for the weekly since the Trump election victory. And we finally just got the first corrective weekly candle. That was Sunday a couple of days ago. But we're pumping back in the green. Where do you think we'll likely close for the final week of the year. Let me know and take a quick look at a monthly and also let me know where you feel we'll end the year on the 31st again seven days out. And as you can see, Moonvember candle was massive. We were forming a red and now we're right back. Pretty even McEven, even Steven, you feel me? But let me know where you feel we'll likely be before the end of the here and I'll read those comments out loud here in a moment. And welcome again everyone joining us. Happy Merry Christmas. Next story of the day. Here's what's going on in the United Arab Emirates, the uae and remember a few podcast episodes ago we discussed them potentially holding 400, 000 Bitcoin. That's the word on the street at least. Well, they're in the headlines again. 37 of the UAE retail investors plan to increase their crypto in 2025. That's right, according to the ETORO survey. It showed many retail investors based in the UAE are planning to increase their asset investments of crypto in 2025. They surveyed a thousand retail investors in the UAE to determine their investment goals for the next year, 54% of the respondents listing financial goals as their primary New Year's resolutions. How many of you can relate? The goals range from investing in stocks to buying more cryptos. You already know it's a very wealthy place to be, a lot of money coming out of there. And about 40% of the survey participants said they want to increase their exposure to stocks, bonds and commodities, while 38 want to invest in real estate. Meanwhile, 37 said their goal is to increase their crypto investments. I definitely think bitcoin is the superior investment, especially compared to like real estate or any other commodity because it's the only commodity in existence with a finite limited supply and it's been outperforming everything in the history to ever exist. I mean, again, if you listen to Max Bat and Stacy from 14 years ago today and you bought Bitcoin, you'd be up 33 million percent. You can't say that with any other commodity in existence. Just saying. And when asked about their strategies for achieving their financial resolutions, 51% of respondents said they would increase their overall savings or investment contributions, 41% said they'd implement more comprehensive budget and expense tracking, and 38% said they adopt more frugal and mindful lifestyles. Meanwhile, 28% of the participants said they would reduce shopping and dining out expenses, while some focus on tracking, reducing expenses others plan to increase their earnings through their business. The survey also showed 32% plan to launch side hustles to boost their income, while 28% want to change careers to pursue the higher salaries from your fryer.
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Release we had the Etoro Regional Manager George Nadoff said the resolutions show a shift into innovative wealth building. Quoting him here, 2025 resolutions highlight a proactive approach to not just financial security, but also a desire for self improvement and adaptability. Now I also want to touch upon what I covered a couple of days ago in the podcast. There was rumor circulating that the UAE already holds roughly 400,000 bitcoin and they've been stacking on the low for a while. They haven't come out and made the announcement official, so we have to coin that a rumor. But there's a lot of high level folks who have come out and said the same, like Max Kaiser. Even recently the Binance founder CZ made a tweet quoting an article source that reported upon that as well. So let me know if you think the UAE is stacking the bitty. I think behind closed doors all the smart money, all the countries, nation states, empire, sovereign wealth funds, pension funds, they're coming. If they're not already in you feel me? As the game theory continues in full effect, it was two pizzas for one note. Was it 10,000 Bitcoin? So the 10,000 Bitcoin with Bitcoin at 100,000 is a billion doll pizza pie. The most expensive pizza pie ever bought. But anyways, next story of the day. Yo here we go. 31% Bitcoin. Yo, 31% of the Bitcoin in circulation is controlled in an ETF. Government or micro strategy. Crazy right? Headline here reads 31% of all the Bitcoin holdings now belong to the ETFs, governments and microstrategy. And I just totally stretched out the screen. Didn't mean to do that. Hopefully that didn't infect your view, but hopefully you guys can still see that. But anyways, here we go no bileen. What does hell does that even mean? Yo daily huddle get your together. What's going on here? But anyways I digress. ETFs governments, the MicroStrategy own nearly 1/3 of all the Bitcoin holdings in the world. 31 of the known Bitcoin holdings owned by the ETFs government's MicroStrategy represents a 14 increase from December 2023 according to the crypto quant CEO as he shared here alongside the table Bitcoin cap table update ETFs governments and MicroStrategy now account for 31 of all the Bitcoin holdings up from 14 last year. That's right. BlackRock now has I think over 500000 single handedly and the charts don't lie. This is a side by side December of 2023 versus December of 2024. You can see the exchanges have a large slice of the pie. The miners have a very respectable slice of the pie. And look how big the ETFs and funds are in comparison to last year which is the yellow slice of the pie. And then look how big the government slice of the orange bitty got wild. Then look at microstrategy, it tripled from last year approximately. So you already know family, that's pretty wild. The cryptoquan CEO discussed the importance of microstrategy as Bitcoin holdings, quoting them here. Different forms of money require distinct gateways. Bitcoiners should recognize microstrategy as a gateway, bridging NASDAQ 100 money to the biddy. I don't understand why some bitcoiners dislike micro strategy. They might raise concerns about self custody, but very few people actually practice self custody, just as only a few care about privacy breaches. Micro Strategy's bitcoin bank model aligns well with the current adoption level. Want to know why I think this is scary and I'll continue with the article. That means 33% of the Bitcoin can theoretically be confiscated by the US government because they're ultimately the ones in control, right? Because any coin, any bitcoin sitting on coinbase can be confiscated. And all the Bitcoin etf if it's not self custodied it could be confiscated. So that's something you need to keep in the back of your mind. I mean if you trust your government so much and you think that's something they would never do, it's not something you need to worry about. But I'm probably one of the Folks who trust the government the least amount of any other human being in the world. So I just don't trust anything if there is even a half a percentage chance that they can confiscate it. I wouldn't, yeah, I mean contribute in that sense and I would self custody just because there is a slight slither opportunity for them to steal your bitcoin. So please do you know, I mean keep that in mind. He also says if the gateway is active, fund management enables the acquisition of a significant amount of Bitcoin with relative little capital that marks the success of the Bitcoin bank. And of course there's always the risk of failure. So one should view it as entrusting funds at a bank with a goal of gaining more Bitcoin using Bitcoin itself as a form of money. But there you have it. My question for y'all, how many think that there's a 1% chance in the future the the government can say Bitcoin's a threat to our national security and so therefore this is the Bitcoin Seizure Act. We're seizing all the bitcoin from Coinbase.
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Which happens to be the primary custodian for BlackRock, I think MicroStrategy and every major bitcoin institution. You feel me? Maybe. Minus Fidelity. How high are we going in 2025? Let's ask method man and Red man. How high? Next story of the day A let's break her down. Let's discuss an end of the year rally, then 100 pump and then Max Kaiser's latest 2.2 million bitcoin price prediction. And shout out to the high priest. And yeah, this headline reads, macro guru Raul Powell predicts crypto market will rally pretty strongly into the year end. Here's his outlook and look at that itty bitty little extraterrestrial with the ice cream. Interesting. Project Bluebeam. Project Bluebeam. Project Bluebeam. I digress. Goldman Sachs executive Raul Powell believes that the crypto market will really rally heading into the end of the year and then historically it usually does. On the new interview with Scott Melker, he says that based on historical precedence, Bitcoin and other digital assets may put up larger gains during the last week. And I, I think that is correct. Let me know if you're looking forward to that. And, and we're in the last week. We have seven days to the end of the year. A rally at this time the year is often referred to as the Santa Claus rally. And lo and behold, we're up 5,000. The rally already began. A financial term used to describe the calendar effect of traditional equities historically have gone up on the last five market trading days of the year in December and the first two trading days of the new year. That takes us into January 2nd. Quitting him here. Normally what happens at this phase is we should rally into the year, end pretty strongly in everything, but then the real game gets played in the first quarter. Powell also believes that the most explosive rally for the current market cycle is still yet to come. Agreed. And that it could occur next year, most likely possibly around the Fed's meeting in March when the rates get cut. I think my next phraseology is going to be the banana singularity. Well, I've never heard of the banana singularity. That's when everything goes bananas. We're not at the banana zone singularity point yet. That will come as well. That's probably sometime Fed March when it gets silly. Let me know if you're expecting that silliness Now. Pal also warns there may be a temporary correction around the end of the year after the rally due to the liquidity tightening. He believes the growing money supply is the catalyst for the bitcoin price and that when it declines, so does the biddy. Quoting them here. Let's look at the last US President Donald Trump administration. From September to the end of the year, the dollar rallied. September to the end of the year, rates went up. Same narrative. It was all about the tariffs and that's what he is going to do and how he is going to play out. Almost exactly as the year turned, the dollar went lower, the rates went lower. So I've been producing a chart showing liquidity tightened and it has a 10 week lead time and that should mean that at the end of the year we get the correction. Let me know if you agree. Disagree. I think we're probably gonna pump bullish versus a correction. I think the correction is in and that's what we just witnessed. Dropping to 92, 000. I mean, we've been cracking for the past five days and now we're back in the bowl and literally 25th, 26th, 27, 28, 29, 30, 31. Literally seven days until the end of the year. So let me know how you think we'll likely perform. Do you think we'll continue correcting or continue to pump? I doubt it. Yeah, I mean, it's another 10x. That means everyone's 10x wealthier from today. I mean, come on now, guys. But anyways, next story of the day. Keep the comments flowing. Greatly appreciate it. Let's continue where we left off. Bitcoin's flashing a bullish pattern that led to 100 rally earlier in the year, according to analyst Justin Bennett. That's right. The crypto strategist says bitcoin's forming a bullish pattern similar to what was witnessed earlier this year before sparking massive surge surges. And he also says that bitcoin formed an ascending channel on the daily chart in quarter one of this year, when Bitcoin was trading at around 36. That's right. Bitcoin was trading at 36 earlier in the year. Let that sink in, fam. We're already up like 300x and ascending so far this year. An ascending channel is typically viewed as a bullish pattern as it suggests an asset's printing higher highs and higher lows. And according to the chart, bitcoin briefly traded below the pattern's diagonal support in February before igniting a 2x rally in a few months, quitting them. Here alongside the chart, we have seen the bitcoin channels like this before. Like this one December, January of last year, right before the bitcoin doubled in the price. I doubt this time is any different. You can see the bear trap. You can see the bullish trigger. Pretty little bitty going up. Enough said. Hands down, he says bitcoin is flashing the similar pattern now. That bitcoin may be able to reignite renewed rallies if it reclaims a hundred thousand which are on cusp of reclaiming. Quoting them here, although I think the dips are for buying the spot, the highest conviction perpetual long will materialize on a reclaim on a daily chart of the area between 99 and 102. I got 99 problems. Bitty 81 hit me. And to do that, the 110 and the 120 are next in 2025, in my opinion. Thank you, Captain Obvious. Naturally, to get to a million a coin, we first got to hit 110 and then 120 and I'll speculate then 1301-401501-60171. I digress. But there you go yo. Let me know if you agree disagree with the analysts. Now for our featured story of the day. Max Kaiser's predicting 2.2 million in play. He upped his original target from 220, 000 by a factor of 10x and he just reiterated that target today on Christmas Eve the 24th with some very interesting tweets. So I'm going to break down the latest from the high priest and welcome everyone joining the live stream live and in the flesh, shout out Max Kaiser. I'm going to be there in El Salvador kicking it with Max and Stacy and finally getting to meet them after talking about them virtually every day for the past seven years. So I'm looking forward to that. If any of y'all are going to be in El Salvador bitcoin country in two weeks, holla. But I'm going to read the story and then I'll read you all his latest tweets. Prominent bitcoin maximalist and former financial journalist Max Kaiser has voiced a new ultra bullish bitcoin price prediction based on newly emerged data. He now believes bitcoin is likely to soar as high as 2.2 million per coin in the long term. And I believe that means the next 12 to 24 months. Kaiser commented on a tweet published by the bitcoin enthusiast relating to the bitcoin holdings of various countries including El Salvador, where Max lives and where he holds the position of El Salvador President Nig Buelles, his bitcoin advisor, and respect for him for that. Kaiser commented on the aforementioned tweet about El Salvador's commitment to continue buying and utilizing the bitcoin for the economy. The tweet also says the UAE supposedly holds $40 billion worth of the bitcoin even though there has been no official confirmation yet, which I've covered numerous times on the pod. Now the ex post author presumed that it if all or major countries started debating, he expects the price of the world's most popular crypto bitcoin to skyrocket over the next next 12 to 24 months if countries around the world begin accumulating, which we all know they're doing low key. I mean it's not even a question asked me, but you let me know your thoughts. And then he thanked Max Kaiser for the pleasure of following him. So check this out. Here's the tweet I'm going to read it to you. El Salvador is obviously committed and pursuing this path, but most other countries have not. The UAE, the United Arab Emirates supposedly has $40 billion worth of Bitcoin. But I haven't seen the official confirmation and you're probably not going to see it if all or many major countries start bidding. What would you expect this to do to the price of bitcoin over the next coming 12 to 24 months if there's an aggressive push by countries worldwide. We call this the global hash war, coined by Max years ago. Thanks Max, for always enjoy following you. Max responded to that. And this was off the back of the original. This was the original post from Max. This exchange stabilization fund convertible bond approach to acquiring bitcoin is already being discussed. In El Salvador's way, the bitcoin eyes our gold reserves. We sell the development rights now for the current and future payments of the bitcoin. Now if you missed the big news, I think, oh maybe two weeks ago, Nigibo Kele announced that they're sitting on the country of EL SALVADOR Roughly $3 trillion worth of untapped unmind gold in which they're most likely going to just start trading for bitcoin. So the race is on. The hash wars, the game theory. So Max responded to this guy's Tweet and wrote 2.2 million per coin. Hence 2.2 million in play. Now for some other recent tweets from the high priest. But first I got to show you the receipts. It's very important because if you don't know, check this out. Stacy Herbert and I love her with the short hair. Here. I shared this with my mom earlier and her first thing she said, I love Stacy with the short hair. So if you're watching Stacy, we love you with the short hair and we love you with no matter if you have the long hair. We're just saying Stacy and Max promoting Bitcoin on TV. Proof of work at 30 cents exactly 14 years ago today, if you listen to Max and Stacy, your bitcoin holdings are up 33 million percent. I repeat, if you huddled the bitcoin from when they announced it on TV that it is the greatest thing to ever exist and sliced bread, then you're up 33 million percent. Hence they're the true OGs. Much respect to Max and Stacy. How many of you got orange pilled thanks to Max? Stacy in the Kaiser report. Holla and let me know. He also recently tweeted Max, a bitcoin note in every house is one of Bukele's new year resolutions, a decentralized nation state model. That means if another president took yam mean place in the future and Bukele was out. They can't stop the bitcoin train because every single house house in El Salvador, it's going to have a bitcoin node. They can't shut it down. The US's dilapidated infrastructure needs trillions of dollars. Max also predicts that Trump won't get the approval to buy a trillion dollars in bitcoin. He says move to El Salvador and experience the true freedom. He also recently tweeted trump has to decide if he wants to buy the Panama Canal in Greenland or bitcoin. Now, clearly, I mean bitcoin's the smartest choice. If he waits to buy the biddy, the price will rocket higher than the US can afford even if they print USD to buy it. My guess is Trump misses the bitcoin play because he actually doesn't get it. And someone chimed in, trump definitely does not get bitcoin. He does get being number one. That's our only hope. But anyways, let me know your thoughts on that and what Max just laid out for us. And what are your thoughts on him upping his prediction from 220 this cycle to now? 2.2 million. Obviously, if the United States confirms the strategic bitcoin reserve, meaning Trump actually signs it into place and they start stockpiling bitcoin for the U. S. Treasury, anything is possible. And also recently rich dad Robert Kiyosaki here on Christmas eve wrote this tweet. Boohoo, boohoo. Bitcoin crybabies. Peter Schiffmeister crying about bitcoin prices dropping down rather than say thank you and buying more bitcoin. Cry babies cry. Bye bye bye. Not cry, cry, cry, be grateful, grow up and buy more bitcoin. Well said there, rich dad. I couldn't agree more. And there you have it. Yo, let me know your thoughts. Let me know if you agree disagree with Max and rich dad and Stacy Herbert and we'll go from there. JB agrees. She looks fabulous with the shortcut. Yeah, not all women look so fantastical with the short hair, but Stacy is a definitely a dime piece. And shout out to Max and Stacy. They're my favorite power duo when it comes to bitcoin. And they've been again preaching bitcoin since the early days of the kaiser report, back when it was sub $1. And you gotta give them all the credit for that. How many bitcoin millionaires were birthed As a result of that show, endless amounts. I would dare say that the Kaiser report, in my opinion the greatest financial news show to ever exist. Because all the other financial news shows are all FUD and propagand. They've been speaking the truth you, I mean for a very long time. Check Tempa. I never heard of that one. But I appreciate the super. It touched the all time high looking bullish. Cheers Mark and thank you for the super. My miners come in by the 27th. Oh no. The Oracle's mining the bitty. Watch out now. I saw a little minor like, you know, little guy earn a 3 bitcoin block reward the other day. That's 300G's baby. And shout out to the new chairman of the sec, Nipinator. There he is. Nipinators in the building. There you go. Shout out to the nip. And shout out to everyone on the live stream. Looks like we got 250 people on the tube. 250 people on the X. We're also on Rumble and what we're going to do today, instead of ending the YouTube stream and doing the after party on Rumble, we're just going to keep the YouTube stream running and flip it in a moment into the Pump Watch and we'll do live Q A chart watching. Why not being we're pumping, you know, I mean, and we'll play some shandy jams, of course. Shout out shandy if you're watching or watching the replay later. Let's go. Is there an Airbnb type platform for the bitcoiners? Probably. I like to believe all that exists already. Yeah. I mean that would be cool. To earn. Amen. Precisely. So yeah, let me flip this into the Pump Watch fam. We're going to keep the stream going. We just finished the podcast segment of the stream and instead of ending it, we're gonna keep it going and we'll just continue and see how high we climb today. Nipinator says it's a go. Look at that cute face. He says it's a go. It's a go. So there you go Crypto bros. Welcome to the Pump Watch. Welcome to the pump watch. 977. Can we get a 100K? Six figs all day. 100K Bitcoin babe. Look at that. What's up, yo? And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode Hoddle.
Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode: 1858: Max Keiser Predicts Bitcoin Will Skyrocket to $2,200,000 Per Coin
Release Date: December 25, 2024
Host: Justin Verrengia
In Episode 1858 of "Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News," host Justin Verrengia (JV) delivers an insightful analysis of the current cryptocurrency landscape. This episode focuses on Bitcoin's recent performance, market predictions, significant shifts in Bitcoin ownership, and bold price forecasts by industry experts like Max Keiser and Raul Pal. The discussion is enriched with technical analysis and explores the strategic movements of major players in the crypto space.
Timestamp: [00:50] - [11:27]
JV kicks off the episode by highlighting Bitcoin's impressive performance on Christmas Eve, noting a 5% increase, equivalent to $5,000, bringing Bitcoin near the $100,000 mark. He emphasizes the broader market trend with major cryptocurrencies like Ethereum and BNB also experiencing gains.
Key Highlights:
Notable Quote:
"Bitcoin's up in the green. Five GS on the day. We already eclipse 99 a little earlier. Looking to retest 100,000." — JV [00:50]
JV observes a shift from the previous day's bearish trends to a bullish surge, attributing the positive movement to large spot buyers and increased trading volume.
Timestamp: [11:27] - [16:59]
A significant focus is placed on the United Arab Emirates (UAE) and its retail investors' plans to amplify their cryptocurrency investments in 2025. According to a survey by eToro, 37% of UAE retail investors intend to increase their crypto assets next year.
Survey Insights:
JV underscores Bitcoin's superiority over traditional investments, citing its finite supply and historical outperforming trends.
Notable Quote:
"Bitcoin is the superior investment, especially compared to real estate or any other commodity because it's the only commodity in existence with a finite limited supply." — JV [11:27]
Additionally, JV touches upon rumors regarding the UAE's substantial Bitcoin holdings, suggesting that major countries and sovereign funds are increasingly recognizing Bitcoin's strategic value.
Timestamp: [16:59] - [27:00]
A critical analysis is presented on the distribution of Bitcoin holdings, revealing that 31% of all Bitcoin is now owned by ETFs, governments, and MicroStrategy, marking a significant increase from 14% the previous year.
Key Points:
Notable Quote:
"ETFs, governments, and MicroStrategy now account for 31% of all the Bitcoin holdings up from 14% last year." — JV [31:00]
JV emphasizes the risks associated with centralized custody, advocating for self-custody to mitigate potential government intervention.
Timestamp: [27:00] - [37:00]
Goldman Sachs executive Raul Pal predicts a robust rally in the crypto market as the year concludes. He references historical patterns, such as the Santa Claus rally, where traditional equities typically see gains in the last trading days of the year.
Key Insights:
Notable Quote:
"Raul Powell predicts the crypto market will rally pretty strongly into the end of the year." — JV [31:00]
Timestamp: [37:00] - [16:59]
Max Keiser, a prominent Bitcoin maximalist, raises the stakes by predicting that Bitcoin will soar to $2.2 million per coin within the next 12 to 24 months. This marks a tenfold increase from his original target of $220,000.
Key Points:
Notable Quote:
"Prominent Bitcoin maximalist and former financial journalist Max Keiser has voiced a new ultra bullish Bitcoin price prediction based on newly emerged data. He now believes Bitcoin is likely to soar as high as $2.2 million per coin in the long term." — JV [37:00]
Timestamp: [37:00] - [47:00]
JV delves into Bitcoin's technical indicators, highlighting bullish patterns reminiscent of earlier significant rallies.
Key Insights:
Notable Quote:
"Bitcoin is flashing a similar pattern now. That Bitcoin may be able to reignite renewed rallies if it reclaims a hundred thousand." — JV [37:00]
JV also references analyst Justin Bennett's insights on Bitcoin's current bullish signals, reinforcing the optimistic outlook.
Timestamp: [16:59] - [27:00]
JV discusses the implications of centralized Bitcoin custody, particularly focusing on ETFs and major corporations like MicroStrategy.
Key Points:
Notable Quote:
"If you trust your government so much and you think that's something they would never do, it's not something you need to worry about. But I just don't trust anything if there is even a half a percentage chance that they can confiscate it." — JV [16:59]
Timestamp: [47:00] - [Conclusion]
Throughout the episode, JV actively engages with his audience, encouraging listeners to share their opinions on Bitcoin's future, the potential for government seizure, and the validity of expert predictions. The episode transitions into an interactive "Pump Watch" segment, where real-time market movements are monitored, and live Q&A sessions are conducted with the community.
Notable Quotes:
"How many think that there's a 1% chance in the future the government can say Bitcoin's a threat to our national security and so therefore this is the Bitcoin Seizure Act?" — JV [27:00]
"We're going to keep the stream going and see how high we climb today." — JV [Conclusion]
JV also highlights positive community developments, such as new partnerships and endorsements from influential figures, further galvanizing listener enthusiasm.
Episode 1858 presents a comprehensive overview of the current state and future prospects of Bitcoin and the broader cryptocurrency market. With significant institutional investments, bullish technical indicators, and highly optimistic price predictions from industry leaders like Max Keiser and Raul Pal, the episode paints a promising picture for Bitcoin enthusiasts. However, it also underscores the importance of self-custody and vigilance against potential governmental overreach. JV's engaging analysis, coupled with active community interaction, makes this episode a valuable resource for both seasoned investors and newcomers to the crypto space.
Final Notable Quote:
"Thank you, Satoshi for hooking it up. Bitcoin's up in the green. Five GS on the day." — JV [00:50]
Stay informed and continue to "HODL!"
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