← Bitcoin News Alerts | Daily BTC Macro Signal
Bitcoin News Alerts | Daily BTC Macro Signal
1920: Bitcoin Risks Correction to $72,000 With 6x BTC Price Explosion Upside
00:34:07
Bitcoin may see a brief correction to the $72,000 support as an imminent market recovery remains limited by a lack of crypto investor sentiment, which has dropped to lows not seen since 2022.
Loading summary
Transcript162 lines
- [00:01]
Capella University Representative
Imagine what's possible when learning doesn't get in the way of life. At Capella University. Our game changing flexpath learning format lets you set your own deadline so you can learn at a time and pace that works for you. It's an education you can tailor to your schedule. That means you don't have to put your life on hold to pursue your professional goals. Instead, enjoy learning your way and earn your degree without missing a beat. A different future is closer than you think with Capella University. Learn more at capella.
- [00:29]
Ryan Reynolds
Edu Ryan Reynolds here from Mint Mobile with a message for everyone Paying Big Wireless Way too much. Please, for the love of everything good in this world, stop with Mint. You can get premium wireless for just $15 a month. Of course, if you enjoy overpaying. No judgments. But that's weird. Okay, one judgment anyway. Give it a try@mintmobile.com Switch upfront payment.
- [00:52]
Mint Mobile Advertiser
Of $45 for three month plan equivalent to $15 per month required intro rate first three months only, then full price plan options available, taxes and fees extra.
- [00:59]
Crypto Host
Terms@Mint mobile.com Happy sat stack and Saturday welcome everyone to number one daily Bitcoin pod. Bitcoin finally pumping back in the green as we recaptured $85,000 in today's show. I'll be sharing the latest bitcoin technical analysis. We'll also be Discussing Breaking News U.S. judge tosses the SEC fraud suit against Hex founder Richard Hart, as well as Trump to host the first White House Crypto Summit, officially March 7th. We'll also be discussing the states likely to adopt Bitco reserves first, according to this latest report, as well as Rich dad Robert Kiyosaki says bitcoin will hit 13 million and that Michael Sailor is one smart boy. We'll also be discussing the Catalyst, which will spark a 6x Bitcoin explosion to 500,000 per coin during these challenging times, according to the Standard Chartered Executive. We'll also be discussing everything you need to know in the market right now. 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 crypto news alerts.net Again, that's crypto news alerts.net Today is Pod episode 1920, making this the most persistent, consistent bitcoin podcast in the crypto sphere. That's a fact, Jack. And if you know another Bitcoin pod with 1920 episodes, Holla.
- [02:35]
Crypto Co-Host
Because I don't know of any others.
- [02:36]
Crypto Host
But anyways, I'm here in the flesh.
- [02:38]
Crypto Co-Host
It's sat stacking Saturday, March 1st.
- [02:40]
Crypto Host
So happy first of the month.
- [02:42]
Crypto Co-Host
February is behind us now.
- [02:44]
Crypto Host
We're looking forward. We're still in the thick of it here in Q1. Let me know where you feel the.
- [02:49]
Crypto Co-Host
Price action will likely take us for March.
- [02:51]
Crypto Host
And let's jump right into today's market watch. You can see bitcoin pre low bitty.
- [02:57]
Crypto Co-Host
Going up 1% on the day in the green trading at 85. 5. At the time of the live we have Ether down a half a percent doing what it does best going down. And we have xrp, bnb, Tron and.
- [03:10]
Crypto Host
Cardano pumping and in the green and.
- [03:13]
Crypto Co-Host
Checking out coinmarketcap.com the current crypto market cap.
- [03:18]
Crypto Host
Let's get a refresh here, baby.
- [03:20]
Crypto Co-Host
Currently sitting at 2.81 trillion back on the rise. The Bitcoin market cap 1.693 trillion back on the rise. We have roughly 86 billion with a volume for the past 24 hours with Bitcoin dominance coming in at 60.2% with Ether dominance all the way down to 9.5%. What's going on? Ether now checking out top 100 crypto gainers past 24 hours. We got HBAR of 14%. We got grass up 11% and maker up 7%. Shout out Jason Buck. He just gifted 10 memberships here and I appreciate you doing that because I'm going to match it later on in the stream. I'm going to give 10 memberships for a total of 20 memberships gifted today. Congratulations, Laser, Cat Olalam, Jason, James, Dell, Chris, we, Bitty McGee, Carlos, George, Martinez, Diamond Dave and we on Lee. You've all been hooked up with the microstrategy membership of the channel on behalf of Jason Book. So congratulations all the new members and that's very kind of you to do Jason and stick around fam. I'm gonna gift an addition 10 memberships later on in the stream for a total of 20 memberships gifted today alone March 1st. Let's make it happen.
- [04:34]
Crypto Host
But anyways, checking out the crypto greed inter index Today we're rated a 20. Extreme fear yesterday 16 and remember a couple of days ago we hit the bottom which was a 10 and last week of 49, last month of 70 in greed. Let's kick off today's astrology for the Brosis. As you can see the headline reads Bitcoin price risk correction of 72 as investor sentiment weakens. And again I'm also going to be pulling up the live charts, but here's a little ta Bitcoin may say a brief correction to 72 support as an imminent market recovery remains limited by the lack of crypto investor sentiment which has dropped to lows not seen since 2022. So these are like three year lows. Bitcoin price hit an over three month low of 78,100 February 28, falling over 28% from the record high of 109 reached on inauguration Day which was Jan Twentiet. Bitcoin may experience a deeper retracement towards the low 70, 000 range as the market repositions. Let me know if you agree or disagree with that sentiment or do you think the bottom is in when we just tap 78? So yeah, quoting the analysts a significant drop below 75 seems less likely, while there might be a temporary backtrack as the market fills in the gaps left during the rapid climb. Referring to the CME futures gaps, Bitcoin is more likely to establish firm support in the 72 to $80,000 range. This support can provide a foundation for a more sustainable recovery, reducing the likelihood of a deeper retracement.
- [06:02]
LinkedIn Advertiser
Does it ever feel like you're a marketing professional just speaking into the void? Well, with LinkedIn ads you can know you're reaching the right decision makers. You can even target buyers by job title, industry, company seniority skills. Wait, did I say job title yet? Get started today and see how you can avoid the void and reach the right buyers with LinkedIn ads. We'll even give you a 100 credit on your next campaign. Get started at LinkedIn.com results, terms and conditions apply.
- [06:32]
Crypto Host
Exactly now. Other analysts also predict the Bitcoin bottom near 70,000 as we shared just blaze Arthur Hayes based on the correlation with the Global Liquidity Index, Bitcoin's right hand side which marks the lowest bid price someone is willing to sell the currency for, may fall below 70 GS around the end of February after it peaked near 110,000 in January. Well, clearly February is officially behind us as it is now March 1st, but you guys let me know your thoughts. Also, the first warning of a correction, the 70,000 was also not just given by Arthur Hayes, but allegedly from Raul Po as well, and analysts expect Bitcoin to find its bottom and start a recovery in the coming weeks. The crypto market remains limited by lack of investor confidence and as I demonstrated with the Crypto Greed and Fear Index today were rated a 20 in extreme fear and a couple of days ago we hit the bottom which was a 10. Now the last time investor sentiment dropped to a similar level was the month after bitcoin fell to17.5, experiencing a monthly decline of over 37% all the way back in June of 2022, virtually three years out. The investor sentiment decline was caused by an array of external and crypto specific factors, according to the Bitfinex analyst quoting them here. Overall, the combo of a sharp Bitcoin price drop, uncertainty, security breaches and declining altcoin valuations has led to extreme fear in the market. But the silver lining is the more we go in extreme fear and the lower that number gets on the crypto G fear index, the more likely of a pump now let's pull up some of the live charts for y'all. We'll look at some different looks in the different time frames. And again, welcome everyone joining the stream as we continue our nice little pump. We're now up over 1800 on the day, which is a beautiful thing, but as you can see here on your screen, this is Coinbase via Trading View. I'm going to zoom it out to the one hour and we'll work our way out from there just to get some different looks really quick. The one hour chart, you can see we're finally recovering in the green. I'd say, you know the last five candles, four of the five have been green as we continue to run up around 855 at the time of the live and zooming out from the UNA.
- [08:48]
Crypto Co-Host
Order, let's look at a four hour and the four hour says it's going up forever.
- [08:52]
Crypto Host
Jv. You can see a nice little recovery after bottoming out at 78000 with that big green candle and we've been slowly escalating north. And again we're at 85.5 at the.
- [09:03]
Crypto Co-Host
Time of the live zooming out from the four hour and we take a.
- [09:06]
Crypto Host
Look at the daily and finally we got some green. As the past virtually the past week has been pretty bearish, but we do have some bear targets even on the daily chart. You need to be aware of one sitting at 68699 and then we bear target sit all the way down at 49 GS and zooming out from the daily, we take a look at the weekly the weekly chart even though we've had an extremely bearish week and we will get a weekly close tomorrow around this time but we still have the cup and handle target sitting at 124,000 which has been in play for several months now and I think we still have that possibility of reaching this sometime here in March. But we obviously must get above the psychological resistance of 100,000 retest 1093 which is current price discovery and then logically speaking I think that's the next leg up is going to be somewhere between 120 and 130,000. Let me know if you agree disagree and when you likely think we'll test that.
- [10:04]
Crypto Co-Host
And zooming out from the weekly we.
- [10:05]
Crypto Host
Check out the monthly and on the monthly you can see we just got the monthly candle closed for the month of February, which unfortunately was a big red candle. Now traditionally the year after the having February is typically a bullish month. So maybe we make up for it this month of March. But you guys let me know how you feel the price action will likely go from here.
- [10:26]
Crypto Co-Host
So let's dive into our next story.
- [10:29]
Crypto Host
Of the day and discuss the Latest.
- [10:30]
Crypto Co-Host
With hex vs the SEC won't let me be so yeah, U S Judge Tosses the SEC Fraud Suit Against Hex.
- [10:39]
Crypto Host
Founder Richard Hart so this is pretty big news. The district court judge dismissed the U S Security regulators lawsuit accusing Hex founder Richard Hart of raising over a bill billion dollars through unregistered crypto offerings and defrauding investors of 12.1 million. Hart, whose real name is Richard Schuler, was also accused of spending those allegedly stolen funds on luxury items, including the world's largest black diamond. However, Judge Carol Bagley Ammon said those alleged deceptive acts couldn't be decided on as the SEC failed to establish that.
- [11:13]
Crypto Co-Host
The U S had jurisdiction over Hart's crypto activities, which she said were global.
- [11:18]
Crypto Host
In scope and not specifically targeted at U S investors. Quoting her here, the alleged misappropriation occurred through digital wallets and crypto asset platforms, none of which were alleged to have any connection.
- [11:31]
Mint Mobile Advertiser
This episode is brought to you by Shopify. Upgrade your business with Shopify, home of the number one checkout on the planet. Shop pay boosts conversions up to 50%, meaning fewer carts going abandoned and more sales going cha ching. So if you're into growing your business, get a commerce platform that's ready to sell wherever your customers are. Visit shopify.com to upgrade your selling today.
- [11:53]
Crypto Host
With the United States. So to the extent of the complaint, it shows heart misappropriated investor funds through deceptive mixer transactions.
- [12:02]
Crypto Co-Host
Those actions occurred entirely outside of the United States, ultimately saying we have no jurisdiction so we can't do anything.
- [12:09]
Crypto Host
The crypto tokens that the SEC alleged were on registered securities included Pulsechain, Pulse X and hex, which have increased 36.
- [12:17]
Crypto Co-Host
67 and 78 respectively since Ammon the.
- [12:21]
Crypto Host
Judge made the verdict.
- [12:22]
Crypto Co-Host
Hart acknowledged that a winning securities related.
- [12:24]
Crypto Host
Court case over the SEC was rare facts, adding that he is now relieved to see the pulse and Hex coins flourish. Yeah, I bet you he's relieved he's.
- [12:33]
Crypto Co-Host
Not going to prison. That's big.
- [12:35]
Crypto Host
Quoting him here.
- [12:36]
Crypto Co-Host
Hex has operated flawlessly for over five years. Today's decision in favor of the crypto founder and his projects over the SEC brings welcome relief and opportunity to all cryptocurrencies.
- [12:47]
Crypto Host
Quoting Hart from his post on X just yesterday. Now the judge, however, stated the SEC.
- [12:53]
Crypto Co-Host
Can amend the deficiencies found in its complaint by refiling within the next 20 days.
- [12:59]
Crypto Host
And in addition to purchasing the Enigma.
- [13:01]
Crypto Co-Host
A 555 karat black diamond costing 3.
- [13:04]
Crypto Host
Million British pounds, almost 4 million USD. The securities regulator also accused Hart of spending investor funds on McLaren and Ferrari.
- [13:12]
Crypto Co-Host
Sports cars and four Rolex watches costing.
- [13:15]
Crypto Host
3 million between August 3, 2021 and September of 2022.
- [13:20]
Crypto Co-Host
Hart, a U.
- [13:21]
Crypto Host
S citizen believed to be living in.
- [13:22]
Crypto Co-Host
Finland, isn't entirely out of legal trouble. September 13th last year, Finnish authorities remanded.
- [13:28]
Crypto Host
Hart into custody following allegations of tax fraud and assault. However, the relevant authorities have been unable to locate him.
- [13:36]
Crypto Co-Host
And a few months later, December 22, Interpol issued a red notice for Hart based on the same allegations. Finnish authorities were however able to seize 2.6 million worth of watches which you.
- [13:46]
Crypto Host
Can see on your screen that he is believed to have abandoned in that Louis Vuitton box. There you go. Eight of the watches were seized by the Finnish authorities.
- [13:54]
Crypto Co-Host
Which is your favorite? I'll take the bitcoin orange one on the top left. You guys let me know. But while the authorities are still unable to locate Hart, he remains active on social media, continuing to promote his cryptos on X and upload videos on his YouTube channel.
- [14:08]
Crypto Host
It feels like he figured out how to never be caught because he hasn't been caught even with all those legal troubles before they even dismissed it, which is always interesting.
- [14:16]
Crypto Co-Host
Maybe he's like the second coming of Satoshi.
- [14:18]
Crypto Host
I don't know. You can't find the guy. But nonetheless, if you really wanted to find Richard Hart, the Nipinator will lead you right to him. I mean, he's doing God's work after all. Shout out to the Nipinator. But anyways, next story of the day, here's the latest with Trump and crypto. This was big news announced just yesterday.
- [14:38]
Crypto Co-Host
Headline reads trump to host the first White House Crypto Summit on March 7, six days out. So I guess that would be this coming Friday. Bring it. Let's break her down. Trump will host the first White House summit March 7, bringing together industry leaders to discuss regulatory policy, stablecoin oversight and the potential role of Bitcoin in the U S financial system. The attendees will include prominent founders, CEOs and investors from the crypto industry, along with members of the President's Working Group on Digital assets, according to an announcement shared by the White House crypto czar David Sachs, who posted it just today. The summit will be chaired by Sax and administered by Bo Hinds, the executive director of the working group.
- [15:21]
Crypto Host
Now here's the official announcement from the White House for immediate release. White House to host the first Ever.
- [15:28]
Crypto Co-Host
Crypto Summit Bring it. The White House announced today. President Trump will host deliver remarks of the first ever White House Summit on Friday, March 7th.
- [15:34]
Crypto Host
Attendees will include prominent founders and everything I just said. Sachs was appointed White House Crypto czar and also AI czar December 6th to work on the legal framework so that crypto industry has the clarity it has been asking for and can thrive in the US And Trump wrote in the announcement. Part of Sack's role is to safeguard online speech and steer us away from big tech bias and censorship.
- [16:00]
Crypto Co-Host
Let's go.
- [16:01]
Crypto Host
Trump previously signaled that he intends to make crypto policy a national priority and make make the US A global hub for blockchain innovation. The upcoming summit may set the tone for crypto regulations over the next four years. Sachs only has two years to push through pro crypto policies before the 2026 midterm elections in the U.S. joe Dahl, the general counsel for the NFT marketplace Magic Eden, shared and according to Doll, the threat of a gridlock government could.
- [16:28]
Crypto Co-Host
Stifle regulation and the current administration must push through the pro crypto policies while.
- [16:33]
Crypto Host
Still in control of both chambers of Congress. And while there is no additional details about the summit's agenda, stablecoin regulation and legislation related to a potential strategic bitcoin reserve has been at the forefront of regulatory discussions in the United States. The White House announcement comes days after.
- [16:50]
Crypto Co-Host
Jeremy, a co founder of Circle, the.
- [16:52]
Crypto Host
Company behind the world's second largest stablecoin.
- [16:55]
LinkedIn Advertiser
Getting engaged can be stressful. Getting the right ring won't be@bluenile.com the jewelers@bluenile.com have sparkled down to a science with beautiful lab grown diamonds worthy of your most brilliant moments. Their lab grown diamonds are independently graded and guaranteed identical to natural diamonds and ready to ship to your door. Get $50 off your purchase of $500 or more with code Spotify@bluenile.com that's blue nile.com code Spotify for $50 off in.
- [17:25]
Crypto Host
Which I am not a fan of.
- [17:27]
Crypto Co-Host
And do not trust, said that stablecoin issuers worldwide should be required to register with the U S authorities. Citing consumer protection, he argued that the.
- [17:35]
Crypto Host
U S dollar based stablecoin issuers would.
- [17:37]
Crypto Co-Host
Not get a free pass, enabling them.
- [17:39]
Crypto Host
To ignore the U S Law and.
- [17:41]
Crypto Co-Host
Go do whatever the hell you want wherever to sell into the United States.
- [17:45]
Crypto Host
Quoting them here Whether you're an offshore company or based in Hong Kong, if you want to offer your US dollar.
- [17:51]
Crypto Co-Host
Stable coin in the US you should.
- [17:52]
Crypto Host
Need to register in the US just.
- [17:54]
Crypto Co-Host
Like we have to go register everywhere else.
- [17:57]
Crypto Host
The upcoming summit may shed more light on the upcoming stablecoin legislation as well as you know, bitcoin adoption and as you know, interest in the U S based strategic Bitcoin reserve is also on the rise.
- [18:08]
Crypto Co-Host
Thus far, at least 24 states have.
- [18:10]
Crypto Host
Introduced legislation related to the potential Bitcoin reserve as outlined here, with all the.
- [18:15]
Crypto Co-Host
Orange states taken over the world. However, the state level Bitcoin reserve initiatives may not be representative of a pitiful movement for the biddy. They are only a symbolic move unless a significant purchase is announced. Well, thanks Captain Obvious, Mr. Nexo. But unless the hearing unveils a near term purchase plan or a major policy.
- [18:34]
Crypto Host
Shift, the market's response will likely be.
- [18:36]
Crypto Co-Host
Mild as Texas's pro crypto stance is already well known, which was our feature story in yesterday's podcast. If you missed it, make sure to.
- [18:43]
Crypto Host
Check out Pod Episode Number 1919.
- [18:47]
Crypto Co-Host
Bitcoin has an average of over a thousand percent returns over the past five years, showing the lucrative potential of the long term huddling strategy. Huddle, huddle, huddle be thy name.
- [18:57]
Crypto Host
Let's discuss the strategic Bitcoin reserve in the states a little deeper. Headline reads States Likely to Adopt Bitcoin Reserves first, according to this latest report.
- [19:07]
Crypto Co-Host
The states are likely to adopt Bitcoin.
- [19:09]
Crypto Host
Reserves before the US Federal government. We all, I think could agree on that. And this is according to Cynthia Lummus, who reported Feb. 28 during the Bitcoin Investor Week conference in New York, quitting her here.
- [19:20]
Crypto Co-Host
My bets are that y'all see a state have a Bitcoin strategic reserve before the federal government. So then our question becomes what state will it be? Will it be Utah? Will it be Texas? Will it be?
- [19:32]
Crypto Host
What are the other ones at the forefront right now? There's Utah, there's Texas, there's so Many, but let's just dive deeper. Lummis to Wyoming Republican proposed legislation that would require the U. S Fed to create the national bitcoin stockpile.
- [19:46]
Crypto Co-Host
Her bill, dubbed the Bitcoin act calls for the U. S. Treasury department to gradually accumulate 1 million of the biddy, ultimately acquiring a total stake of approximately 5% of the total bitcoin supply. Mirroring the size and the scope of the gold reserves held by the United States. If Fort Knox even has any gold in their reserves according to the Lummis website is outlined right here.
- [20:07]
Crypto Host
Now in January, Trump signed the executive.
- [20:09]
Crypto Co-Host
Order requiring federal officials to study the feasibility of a national bitcoin stockpile. How long is that going to take to study?
- [20:16]
Crypto Host
I mean anyone with half a brain.
- [20:19]
Crypto Co-Host
Can study that in half a day.
- [20:20]
Crypto Host
So I find it all hilarious. But you guys tell me your thoughts.
- [20:23]
Crypto Co-Host
It was one of the first actions of Trump's second presidential term which started on January 12th. You need about a five minute conversation with Michael Sailor to know everything you need to know. Trump, come on now, let's get busy here. In February Trump signed another order instructing.
- [20:37]
Crypto Host
The US government to create the sovereign.
- [20:39]
Crypto Co-Host
Wealth fund which could potentially serve as a vehicle for buying the biddy, quitting them. Here we are seeing the United Arab Emirates purchase bitcoin. You're going to look at some of the sovereign wealth funds around the world who are not as tied up in a democratic republic like we are be able to make it. So this is quoting actually Lummis, these are. Currently there are 18 U. S states that have crypto reserve bills pending Senate votes, while two Arizona and Utah are in the very final stages of the approval process. Who's going to have the first movers advantage? Let me know. State crypto investment bills have been rejected in Montana, Wyoming. How are they going to reject it in Cynthia Lummis's hometown? Unacceptable. North Dakota, South Dakota and Pennsylvania. Who cares about those states anyways?
- [21:24]
Crypto Host
Just playing. Although some states run by Dems might resist Trump's crypto friendly stance, others are expected to embrace crypto as a bipartisan issue. That's right. Quoting Ashley Gun, Coinbase's senior manager US Policy.
- [21:37]
Crypto Co-Host
There are so many states out there that are pro crypto and they don't necessarily follow the blue or red policies.
- [21:44]
Crypto Host
We're making America orange just like the.
- [21:46]
Crypto Co-Host
Orange man, our potus. Establishing the strategic bitcoin reserve in the United States of America would accelerate a bitcoin adoption Even more than 2024's exchange rated fund launches the ETFs according to the crypto researcher.
- [21:57]
Crypto Host
We also believe that the enactment of.
- [21:58]
Crypto Co-Host
The Bitcoin act in the United States would have more of a profound long term impact on the biddy than the launch of the ETFs.
- [22:04]
Crypto Host
Let me know if you agree. Launched In January of 2024, the exact date was January 11th. US based Bitcoin ETFs hold upward of $100 billion worth of Bitcoin and I dare say half of that goes to Ibit blackrock being the largest asset manager on this planet. Next story of the day.
- [22:21]
Crypto Co-Host
We got two more featured stories.
- [22:22]
Crypto Host
They're both bullish.
- [22:23]
Crypto Co-Host
We're going to discuss Rich dad talking about Michael Saylor's 13 million.
- [22:29]
LinkedIn Advertiser
This episode is brought to you by Progressive Insurance. Do you ever find yourself playing the budget? Well, with the name your price tool from Progressive you can find options that fit your budget and potentially lower your bills. Try it@progressive.com Progressive Casualty Insurance Company and affiliates Price and coverage match Limited by state law not available in all states.
- [22:55]
Crypto Co-Host
Prediction and then we'll dive into Standard Chartered Bank's 500,000 prediction. We'll gift 10 memberships after our featured story at the top of the hour and then we'll do some live Q and A and flip it in to a pump watch and keep the stream going. Some bonus hours. Let me know if that sounds good. And give it up for the one and only new chairman of the sec Nipinator.
- [23:15]
Crypto Host
And yeah, here we go.
- [23:17]
Crypto Co-Host
Rich dad, Poor Dad.
- [23:18]
Crypto Host
Author Robert Kiyosaki says Bitcoin will hit 13 million per coin in that Mikey sailor. He's one smart boy. Yeah, he's the smartest boy you're gonna find. Kiyosaki backed Michael Sailor's Bitcoin prediction November.
- [23:32]
Crypto Co-Host
20, claiming the Bitcoin can reach 13 million per coin.
- [23:36]
Crypto Host
I know we've covered Sailors prediction here on the stream, but here's what Kiyosaki wrote and we'll pull up the actual tweet as some proof of work. Here we go. I'm going to read this one to you Rich Dad. Robert Kiyosaki wrote this on November 19, 2024. Close to 5 million views. Here's what he said. 13 million Bitcoin according to Mikey Sailor.
- [23:57]
Crypto Co-Host
I believe he is right.
- [23:59]
Crypto Host
He is one smart boy.
- [24:01]
Crypto Co-Host
Bitcoin today is 90, 000.
- [24:03]
Crypto Host
If Sailor is on target, which I.
- [24:05]
Crypto Co-Host
Think he is, that means for 9,000 today.
- [24:08]
Crypto Host
You buy 0.01 bitcoin today, you are a millionaire tomorrow. I honestly don't understand Kiyosaki's math, but bear with me.
- [24:17]
Crypto Co-Host
Sure beats going 50000 in debt for a student loan studying for years just to earn a flimsy mba.
- [24:24]
Crypto Host
Get smarter.
- [24:26]
Crypto Co-Host
Buy the Bitcoin today.
- [24:27]
Crypto Host
I am. And that's the original tweet there from Kiyosaki comparing bitcoin's potential potential to traditional educational costs. Adding Bitcoin today is 90, 000 and if sailors on target, which I think he is 9,000 today and you buy 0.01 Bitcoin today, you're a millionaire tomorrow. Clearly exaggerating, but nonetheless I think he's right in the sense I much rather purchase bitcoin and hodl it for the next 10 years then go let's say a hundred thousand dollars in debt getting myself a degree which is going to be useless because AI is going to.
- [25:01]
Crypto Co-Host
Make it useless by the time you get your actual degree. Can I get an amen?
- [25:05]
Crypto Host
But his statement followed a discussion between Sailor and Patrick Bet David where Bet David questioned the long term valuation of micro strategy. Now we know his branded as Strategy B. Bet David's calculation suggested a Bitcoin reached 13 million. MicroStrategy can grow into a 10,000,000,000 company within two decades.
- [25:24]
Crypto Co-Host
And in that very same interview, and.
- [25:26]
Crypto Host
I know because I transcribed it and watched it several times, Michael Saylor also projected he believes a bitcoin to hit 100 million per coin. So if you think you're bullish, I.
- [25:37]
Crypto Co-Host
Dare say you're not bullish enough. But let's realistically talk. Can it really hit 13 million per going well. Sailor defended the projection, explaining the math behind it. Let's break her down. Multiply 13 million divided by 90,000 and it gets you to a big number. He said on the podcast. He argued that if Bitcoin's adoption rate increased from 0.1% today to 7% globally, demand would rise significantly leading to a massive price surge. And given that Bitcoin has a fixed supply, 21 million coins, such adoption levels drive the biddy price to millions per coin. So Bitcoin reached 13 million per coin. Owning 0.01 Bitcoin today for 9,000 will be worth 130,000 in the future. So what's better? Bitcoin versus the NBA, which holds more value? And I think that's like a stupid question. I think we would all unanimously agree that we much rather have bitcoin over an NBA. Yeah, NBA gets you a degree.
- [26:29]
Crypto Host
But is a degree even useful in today's modern age? In 2025 with AI technology and all of this stuff, I dare say many of you guys who get your degree. And I'm not knocking education, I'm a firm believer in it, but I think self education is more important than any school, education or education. They're making you get out of coercion and fear that if you don't have.
- [26:51]
Crypto Co-Host
This degree you're not going to find.
- [26:53]
Crypto Host
Work in the marketplace. You're going to be poor, you're going to be on food stamps and government.
- [26:58]
Crypto Co-Host
Assistance and this type of ordeal.
- [27:00]
Crypto Host
Let me know if you guys agree or disagree and read these comments out loud. Now for our feature story of the day. These catalysts can spark 6x Bitcoin explosion to 500,000 per coin during these challenging times according to Standard Chartered Bank Executive. And yes, the primary shareholder of Standard Chartered is none other than the largest asset manager in the world, which is Black Rock. And you should be able to see here on your screen, let's break this baby down. Standard Charters Head of Digital Asset and Research Joffrey Kendrick not to be confused with Kendrick Lamar.
- [27:34]
Crypto Co-Host
It's not like us Leaning bullish on the video amid the correction that has.
- [27:38]
Crypto Host
Seen the crypto king fall now close to 30% from the all time high reach Jan.20th on Inauguration Day. Kendrick says in the CNBC interview that.
- [27:46]
Crypto Co-Host
A lot of negativity thrown at the crypto sector recently has driven the biddy.
- [27:50]
Crypto Host
To levels Last witness about four months ago that's right. Quoting them here. So somewhat challenging times but again for me the medium term story still remains very very positive. According to Kendrick, Bitcoin can go up.
- [28:03]
Crypto Co-Host
135 this year and up to 513 roughly 6x by early 2029.
- [28:10]
Crypto Host
Quoting them here the medium term top side potential which for me is bitcoin.
- [28:14]
Crypto Co-Host
Up to 200000 this year and 500000 per coin before Trump leaves office. Let me know if you guys agree and disagree and on the catalyst that.
- [28:23]
Crypto Host
Can drive the prelobidity to rally to a price up to a half a million dollars, Standard Chartered Head of Digital.
- [28:30]
Crypto Co-Host
Assets shared the following we should get more regulatory clarity through the year. This is stablecoin regulation. We should get to know your client type regulations come through which can help the industry as well and that should.
- [28:43]
Crypto Host
Further legitimize so you'll see more U S banks involved. You'll see the larger institutions in the.
- [28:48]
Crypto Co-Host
US continue to push through and in the ETFs.
- [28:51]
Crypto Host
Thus far we haven't really seen much of the very long term pension funds in the US So here I am.
- [28:57]
Crypto Co-Host
Thinking state pension funds etc that are huge in size, they have $40 trillion worth of assets and they only currently own 1% of all the ETFs in the U S. So there is a very very long term sector that is still to participate. More regulatory clarity will help that. And then also the sovereign wealth funds. So the only sovereign that we know.
- [29:19]
Crypto Host
Thus far that has bought the ETF.
- [29:21]
Crypto Co-Host
Is the Abu Dhabi Sovereign Wealth Fund.
- [29:24]
Crypto Host
And they if you don't know they bought roughly a half a billion worth, roughly 500 million. I'd expect more of that to come.
- [29:29]
Crypto Co-Host
Through this year as well.
- [29:31]
Crypto Host
Agreed.
- [29:31]
Crypto Co-Host
So long term pension funds, sovereign wealth funds etc are getting involved. So there are some of the reasons of why they believe bitcoin will hit 500,000 before Trump leaves office. You, I mean so let me know if you agree or disagree.
- [29:46]
Crypto Host
And again welcome everyone to the Q A segment of the live stream. I'm going to do my best to read your comments out loud and give me a couple of minutes and we'll gift 10 memberships. Sound good? Let me know we are up 11 hundo on the day and we'll also obviously I'm going to stick around for at least an extra hour. We'll do some live Q A and we'll flip this stream into a pump watch as well and we'll keep the stream running for like 3, 4 bonus hours for you guys. Let me know if that sounds good. And again welcome everyone joining us. It is a try stream. We're live on X rumble and YouTube and happy sat stacking Saturday. Happy first of the month my brothers.
- [30:25]
Crypto Co-Host
We having a wonderful day. It's the first of the month and we stacking bitty with the nipsey.
- [30:31]
Crypto Host
Yeah man. Shout out Hakar welcome to the live stream brother. So let people know we're about to give to 10 memberships 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 Sa.