
Blockstream CEO Adam Back believes Bitcoin could achieve the $1 million target way before Wall Street accumulates 10% of the crypto.
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JV
Welcome Bitcoin fam to the number one Bitcoin pod. Bitcoin pumping and in the green. New all time highs in play. We're only 3,000 away. Hopefully it happens today. In today's show I'll be sharing the latest technical analysis as well as Metal Planet shares jump after their 5.4 billion dollar plan to buy more bitcoin which was just revealed. We'll also be discussing strategy adds an additional 145 bitcoin for 110 million in the latest purchase update in which Michael Sailor shared earlier today. We'll also be discussing crypto analyst that says Bitcoin has a pretty good chance of hitting this massive price target. Spoiler alert of 250,000. I'll be citing the three technical signals. Also Samson now of Jan3 drops the bombshell says bitcoin risk from their core product. I'll be breaking this down for you. We'll also be discussing here's how bitcoin price gets to a million dollars according to the bitcoin OG legend himself Adam back. And as a bonus we'll be giving you an update brand new Bitcoin price prediction from Michael Sailor and spoiler alert, he's even more bullish. 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 today is spot episode 2017. I'm your host JV. It's June 9th, 2025. Bitcoins are ripping like the new Scotty Pippen virtually $3,000 away from entering price discovery. So we may enter price discovery during the live stream, which I'm so looking forward to. But anyways, let's kick it off with our market watch as we do each and every day. Pulling up coin360 preload, bitty up 2% on the day, just shy of 109 at the time of the live stream. Ether in the green, virtually everything pumping back in the green as the bullish momentum returns. Like Bruce Lee in Return of the Dragon. That's all I'm saying. Year of the Dragon was last year, but the Dragon's still bitty flying through the world. The highest of the highest in the firmament. But anyways, we have 111 billion worth of volume for the past 24 hours. We have the bitcoin market cap very well on the rise today. Today 2.159 trillion dominance back on the rise as well. 63.9%. All eyes on the pre low bitty going up forever. Laura. And I ain't talking about the Laura from Family Matters. I'm talking about the Laura that Michael. Laura Shen from the Michael Sailor interview. Get it together. But anyways, top 100 crypto gainers past 24 hours. We got Kaya up 23% followed by the infamous fart coin. I dare say the stinkiest coin in the crypto sphere up 10% on the day, followed by the SPX up 6%. Which alts, if any, are you bullish on for this particular bull? Do let me know. Do you think we'll have a legitimate alt bull season this cycle? We haven't really seen one yet. And checking out the infamous crypto bubbles will start on the day. And that's what I'd expect to see. The majority of the market in the green pumping once again. Zooming out for the week, I'd say 80, 20 green over red, zooming out for the month, unfortunately. Maybe 9010 red over green and zooming out for the year. Definitely the majority in the red. And check it out. The crypto greed and fear index today were rated a 62, same as yester in greed. Last week 60 foe and last month a 70 in greed. And checking out the infamous time chain calendar, we're currently at block number 900 503. Max Kaiser says when we hit block number 1 million it's going to reveal a secret. Do you think there will be something embedded into the blockchain? You let me know. And as of today, you can exchange one fiat monopoly dollar for 921sats so you know precisely what to do. You pick up the SATs, you put down the gats and pick up some bitcoin caps from a man sergio over@bitcoin caps.net cop yourself a custom bitty exclusive. But anyways, let's dive into our astrology for the baddies AKA ta and then we'll pull up some of the live charts and all that good stuff. Bitcoin chart pattern Return of the Hodl mode where my huddlers at diamond hands make some motherfucking noise. But yeah, you're looking at a four hour chart here. I'll pull up the live chart here in a bit Bitcoin price broke out from the descending trend line pattern after forming the local bottom of 100,300. What's ironic, that was just three days ago and we're up 9,000 since then. Crazy this volatility and on the daily chart there's a DOI candle which has emerged absorbing the sell side liquidity accumulated over the past three weeks. Characterized by the small body in the long wicks, the doji candle reflects this.
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JV
Buyers and the sellers and often proceeds major price moves. The recent absorption of liquidity below the candle suggests a possible exhaustion of the bearish pressure game on, potentially laying the groundwork for the upward surge merge. Game on Doji candle is very bullish. Quoting the analyst here. A weekly bitcoin doji after rejecting the swing highs this week before means nothing by itself. Literally the same thing happened before novid. We need to see the price confirming with a break higher and that's precisely what we're witnessing. The price is breaking higher in real time. We did get a very strong weekly close yesterday as well above the line in the sand, which we love to see. So things are going according to plan. So he says. Only then we run if we break higher and that's precisely what we're doing. Adding to the bullish narrative, another analyst highlighted the fractal pattern between a bitty price action after the Bitcoin ETF approval, which was on January 11, 2024 with the current price Action. This pattern features a God candle. You're speaking my language, jb. Which hints at the possibility of a strong upward move. Historically such self repeating fractals on the higher time frames carry a 70 to 80% accuracy in forecasting trend reversals. So let's send it 120 in play. I dare say 124 which is the target on the weekly chart which we'll pull up here shortly. Now, parallel to the technical indicators, market sentiment shifted towards accumulation and we haven't seen this. In fact we have the lowest amount of bitcoin available on the exchanges since the year 2018, which was seven years ago. And crypto quant shows the spot market volumes falling to just 965 million while futures trading remains elevated. This suggests investors entering the infamous hollow mode reminiscent of the accumulation phase that preceded the bitcoin explosive rally in late 20. How many. 2020. How many of you remember that? I remember after Novid bitcoin crashed to 3500 and within 12 months in March of 2021 we hit over 60,000. So if history was to repeat. Good lord. Yeah. I mean strap on for the ride of your lives Bitty bros. And supporting the shift, another analyst highlighted diverging behavior between the short term and long term hodlers. Over the last 30 days short term hudders distributed 592,000 bitty as Bitcoin rallied towards 110 signaling uncertainty or profit taking. But in contrast long term hodlers which are the smart money and the whales which are holding over 155 days accumulated 605,000 bitcoin since the all time high. I'm not surprised because smart money is always going to accumulate bitcoin while the idiots are going to sell to the likes of the smart money. Quoting the analysts, while short term huddlers are exiting, the long term huddlers are stepping in. This suggests that the ongoing uptrend is just not speculative. It is structurally supported by the diamond hands. So where you at diamond hands? Laser eyes make somebody bigger noise of course. For the nip and I will pull up the live charts which are looking lit like a mofo right now. Just give me one second to do so. And again, welcome everyone to the live stream tr stream bitcoin all time high and play. We're only 3,000 away. It may happen a day, what more can I say? This is the one hour chart. Look at that bullish momentum. Since bottoming out at around that 100,000 level three days ago, we've been on the constant elevation and here's a great acronym for peace. Positive energy activates constant elevation. And that's precisely what we're witnessing in the market right now. Check that out. This is the one hour chart. Extremely bullish since this morning. Again, we're currently sitting above 187. And this is a live chart. Action Jackson satisfaction. Bo Jackson for the Broskis. And zooming out from the one hour, we'll take a look at the four hour and we'll work our way backwards. Also, mega bull candles on the four hour chart. No particular bull scenario targets but we're going to continue working our way backwards here. Let's check out the daily. I have a strong feeling this is going to look lit as well. Absolutely. 1, 2, 3, 4. Green consecutive candles on the daily chart. And now transitioning to the weekly. And as I mentioned earlier, we had a very strong weekly close yesterday. During the live stream we got the rising wedgie, the only wedgie Nipinator approves of. And we also have the bull scenario target cup and handle. Sitting pretty 124. No Diddy, but you already know. And zooming out from there, let's take a quick look at a monthly and thus far so good. Past couple of months have been extremely bullish. As you can see, April and May we got green candle closes and already for the month of June, we're in the green, baby, baby. And if you don't know, maybe now you know. All right, next story of the day fam. Let's continue with where we left off. Meta Planet continues their massive bitcoin accumulation spree alongside microstrategy slash strategy B. But next headline here reads Meta Planet shares jump after their 5.4 billion dollar plan was announced to buy bitcoin, which we did discuss in yesterday's stream. So let's dive deeper. Ryan Reynolds here from IT 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.
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JV
Only, then full price plan options available, taxes and fees extra. See full terms@mint mobile.com Japanese investment company Meta Planet shares spiked on the market opening after announcing the plan to raise $5.4 billion to buy Bitcoin coin. Last week Meta Planet stock shot up 12% in the June 9 trading session. Today trading at 1505 yen, which is 10.42. However, at its peak of the trading session, Meta Planet stock reached the high of 1641 yen, which is 11.36, representing a 22% increase. Meta planet updated its Bitcoin acquisition Plan to acquire 210000 bitcoin by the end of 2027 in a June 6 stock acquisition rights program announcement, increasing its previous target of 21,000. That's a hell of a difference. Holy. So they're all in. If successful, the acquisition would make Meta Planet the second largest holder of bitcoin amongst public companies, behind Sailor Strategy. Meta planet currently holds 8,888 Bitcoin. Following the latest 1088 Bitcoin acquisition announcement and as part of the new 555 million plan, the firm will need to buy 21,112 Bitcoin by 2027 at a cost of over 21 billion. And by 2026, Meta Planet has flagged plans to hold 100,000 Bitcoin. So another massive player here. Here's the announcement on X from their CEO. Let me know if you feel they'll achieve the big goal. Meta Planet first announced that I had bought bitcoin back on July 22 last year and its shares went up 19%. Back then it was only A$10 USD. And in this in the year since the first buy, the stock is now up 1744. It pays to adopt the Bitcoin treasury strategy. Just saying. Now a growing number of companies have decided to do something similar, adding Bitcoin to the balance sheet with the South Korean entertainment company K Wave Media becoming one of the Latest officially announced June 4th. Corporate Bitcoin treasuries collectively hold over 3 million in Bitcoin or worth over 342 billion according to the data. Out of more than 19 million currently in circulation, the bitcoin reserve strategy Trend has led 61 publicly listed firms now holding a combined 3.2% of all the Bitcoin that will ever exist. Crazy. Now let this sink in. Just Mike Michael Sailor's company strategy B has roughly 3% of the supply. 600,000 Bitcoin. And then Black Rock has over 3% of the supply supply, which is 600000 Bitcoin. So again, there's such a limited amount and with the massive institutional demand and government demand right now. Good Lord, get ready for that supply shock, fam. It's a coming. Other companies have also seen the stock prices surge. After announcing the bitcoin buying spree, Paris based crypto company Blockchain Group started buying November 5th and the stock spiked 200 225% to $0.52. Meanwhile, shares of the Indonesian fintech firm Digi Asia nearly doubled, rising 91 company said it planned to raise 100 million to seed the first of many bitty buys, but not all experienced a spike. There was a outlier, a Norwegian crypto brokerage firm, K33. They announced May 28 an intent to buy and hold crypto, but the share price traded flat down 1.96%. And also we have GameStop shares jump nearly 12% March 26 after the company announced plans to purchase bitcoin. However, it then dropped 11% on May 11. Happy 1111 after the retailer made the first purchase of 4710 Bitcoin. I think we were anticipating like a 10,000 or 15, 000 Bitcoin buy because again they're supposed to have like 5/plus billion in cash available, but they used only a limited amount to make that purchase. But it is what it is. Welcome to the Bitcoin club Gamestop. Let's get it. Let's continue with our next story of the day. Discuss the latest from the Giggy the Geeky Chad Mikey Sailor. The headline here reads strategy ads 1045 Bitcoin for 110 million in their latest purchase. That's right and we're now less or roughly 3,000 away from all time high, all time high price discovery in play. According to the Monday US SEC filing, Strategy acquired 1045 of the biddy at 105,426 per biddy. The company now holds 582,000 Bitcoin even and acquired for about 40 billion at an average price of 70,000 per BTC. The announcement follow Strategy co founder and Executive Chair Mikey Sailor hinting at a purchase on June 8th. The buy marks the ninth consecutive week that Strategy has acquired the B game on shout out Mr. Sailor. News of the latest purchase comes the Bitcoin approaches the all time high. Like I said, 112 is the current price discovery level and we may eclipse it here today during the stream. Let's make it happen. Here's the official announcement from Strategy on x. Strategy acquired 1045 at the biddy 410.2 million at $105,426 per biddy and has achieved a bitty yield of 17 year to date.
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JV
Parts and as of 6 8, 2025 we huddled 582000 Bitcoin even McEven for 40.79 billion at 70000 per pre low biddy going up forever Laura Shin now the latest bitcoin acquisition follow strategy billion dollar stock offering. They virtually quadrupled it from the initial announcement of 250 million game on the stock offering issued 11.76 million of the shares of Strategies 10 Series A Perpetual Stride Prefer stock at 85 bucks per share. Now corporate copycats are following in the playbook. That's right, they began accumulating Bitcoin. They were the first to do it Michael Sailor's company back in 2020 in August. Now for those that don't know, do you know Michael Sailor initially passed on Bitcoin in 2013. The tweet is still up on his account and you can verify this. I think it was In December of 2013 Michael Sailor made a post that Bitcoin was going to suffer the same fate as online gambling. I guess back then he had no faith in online gambling or bitcoin. And now seven years later in 2020 he's like hm, let me revisit that decision. And he was looking at his 400 million market cap of the company and considering HM, if I don't do nothing, it's a melting ice cube. Hence the melted ice cube metaphor in which he so brilliantly shared. And now his company is worth what, 60, $70 billion. So smart move Michael. And now we have the other corporate companies doing the same thing, putting the biddy on the balance sheet. The company's market cap stands at 104 billion. Holy. I didn't even realize it was that large. I mean that giga chat is no joke, brother. Amongst this we also have Meta Planet, nicknamed the Japanese or Japan Micro strategy. We already discussed their new advantageous plans of stacking a bitty like there's no tomorrow. We also have a Norwegian block exchange that saw the price rise 130. So ultimately my understanding is most of the companies that are announcing a bitcoin adoption strategy, whether a Treasury or some sort Their stock price tends to go parabolic. And we're witnessing this with stocks not just in Japan, but even here in the United States. And we have a new bitcoin treasury firm by the name of 21 and already made a multi billion dollar acquisition as well. That's Jack Mers and all my bitcoin ballers, the Howard Lutnick tether, CEO Paolo and those guys. JB the biddy is the best. There is no second best. There's. There's a crypto asset. It's called bitcoin and it goes the doing. Doing the giga. Chad got the bitty at the price he deserve just like the rest of the world. I think we can be grateful Sailor didn't get until 2020 because if, if he would have took the approach he did in 2020 back in 2013, he'd probably already have 10 million bitcoins. That, that guy. Yeah, you. I mean 1, 2, 3, 4 and 5. There is no second best headline here reads analyst says Bitcoin has pretty good chance of hitting the massive price target in 2026 of 250,000. I'm going to be sharing these three technical signals. Shout out to all my bitcoin dragons. Stacking the biddy. Yeah, that's right. Analysts known for making timely bitcoin calls believes the pre low bidding will surge to an astronomical price level based on three technical signals. We're talking about sheds he shared on YouTube. The Bitcoin looks strong on the weekly chart after breaking out of the cup and handle pattern in a technical analysis the cup and handle is a bullish continuation structure indicating an asset is primed. And we're not talking Logan Paul's shitty prime drink prime to move higher after the period of consolidation. The second bullish signal according to Chads is the uptrend which appears technically sound. Sound money shaking up the game. My bitty bling sound. Based on how much of the bitty spent forming the solid base, between 16 and 70,000. And third, the trader says the depth of the consolidation range of the last three years is likely enough to sustain rallies above 200,000 per prelo biddy next year in 2026. No Diddy, it is still my base case he says and this is just very good general outline. I think we have a pretty good chance of the mid 250,000 in 2026. I dare say we have a good chance of that in 2025. Send it. That seems kind of aggressive. I know but the funny thing is that this has a conservative target for some people. Because people are talking about hitting 250,000 this year. The analyst says absolutely not. That's crazy talk. Jv. Hey Nipinator Indicators never lied yet. That's all I'm saying. Sheds Calm down brother. There's zero chance of 250 this year, the analyst says. Zero chance. That tells me he's I hate to say it. For someone to say it's a zero chance is pure ignorance in my humble opinion. But let's continue to entertain this but I think it is a Decent chance of mid250 just based on the height of the cup and handle pattern and the time interval and the consolidation range. That is my general idea just based on the weekly trajectory. And that's according to the analysts. Again, I don't even agree with this particular analyst. I think that's insane talk to say there's 0% chance of hitting 250 this.
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JV
This year. I disagree. Nipinator indicator disagrees but you let me know your thoughts and we'll continue with the Bitty News Broskis next up this headline reads Samson Mao drops the bomb diggity bomb shell Bitcoin at risk from the core product. In fact he shared this tweet the other day someone wrote here I happen to agree with the core guys on the filter stuff but Maxwell sentiment here simplistic, bordering, disingenuous. You can just do things. Well, not really. Core has a tremendous amount of latent power for the two least two reason and if for those don't know the conversation referring to the bitcoin core. But anyways, Samson responded to this guy and wrote Bitcoin core has become a risk to bitcoin. So here's why. Let's break this one down. In a post Samson MA declared that the bitcoin core developers have become a risk to the bitty. MA was responding to a comment by developer James AUB in which he explained why core developers have more authority over the bitcoin ecosystem than some might think. This indicates that could easily move ahead with the expansion of plans, which Mao is very wary of. The James Bob stated that the bitcoin core developers have a tremendous amount of the latent power for at least two reasons. Firstly, he noted every business has basically hard coded the use of that implementation with the levels of risk aversion surpassing Never got fired for buying an IBM. The developer claimed that this has created an amazing de facto monopoly on economic nodes and simply put, these core developers have so much autonomy over how the network runs. Secondly, James Started stated that the bitcoin network is so complicated that many non developers inherently must delegate to some technical authority in which they trust. He added core developers have ended up being the target of that delegation. The developer remarked that this is a tremendous amount of sticky power and that anyone who fails to realize it is naive. Those comments come amid the spam wars debate. Bitcoin has reported that the Bitcoin core developers have taken a stance with plans to proceed on the OP return expansion and I guess they're allegedly forking the network. I'm assuming here the developers declared that they won't step in to stop harmless data from entering the network as this negates the Bitcoin purpose as a tool against censorship. However, Samson argued that this could undermine Bitcoin's status as sound money. Samson also alluded to past comments against Bitcoin developer Greg Maxwell and the proposed OP return expansion on the network. Mao stated that Greg was being disingenuous in his support of the proposal and that it is too bad that most people worshiped him too much to see the truth. Greg remarked that the actual proposal change is insubstantial and that it would allow traffic to appear today as fake outputs which bloat the UTXO set to become a non bloating traffic. And I know we're probably speaking Spanish to some of you guys here, but there's a technical jargon. However, Sampson holds a different opinion and declared that Greg is either intellectually dishonest or or doesn't understand the current reality. And I don't pretend to understand this, I'll just keep it 100 with you guys. But I tend to believe Samson now is a good guy and he knows what the he's talking about. I give him a lot of clout and a lot of credit. Shout out Samson now the Bitcoin og. He also responded to the recent statement that the bitcoin core developers put out. He alleged developers have been changing the network gradually to enable the spam and now seeing focus on removing barriers for the spammers. Not a good look. So yeah, I mean what are your thoughts on that? And do you agree with some of those core developers Or Samson Ma, the OG himself. All right fam. Now for our feature story of the day. Here's how the bitcoin price gets the 1 million per coin according to the Bitcoin OG. Add them back and we'll also give you an additional bonus prediction. Brand new, never heard before from the Michael Sailor of Strategy B who just announced another bitcoin acquisition as well today. Pretty lit day. New all time high in play. We just surpassed under 9, 000 as the Nipinator indicator predicted. Where you at Nip? Where you at? You're making me look bad. You're making me look bad. Let's see if we can spot the Nipinator in the room. I dare spotted a nip. Holy nipinator indicator never disappoints. Less than 3000 away all time high. Send it mofos and let's get it. So yeah, here's the latest one idea of the price Bitcoin hitting a million. Sound like a moon talk for the moon boys. But the notion seems to be changing from fringe speculation into the mainstream investment inevitability thesis championed by JV Nip Anator Chandy 10, our very own oracle. And bring facts and I dare say Darth Mel. Let's throw them in there. Let's speak the truth. Fueled by the growing institutional adoption. I dare say the institutional fomo. Like a FOMO mofo no diddy and the bowl long term forecast the pathway no solo way to the price target hinges on the seemingly simple yet more monumental shift. No Peter Shifty. Hide your kids, hide your wives from the Peter Shifty Wall street allocating a significant slice. And we ain't talking about that.
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JV
What is it called? The CP. Not the David Portnoy stuff. Not that type of slice. No pizza gate, no Diddy v Wealth for the number. The one digital asset there's only one number one. I dare say there is no second best. At the recent Bitcoin event, strategy executive Mr. Michael Sailor, the chairman of Strategy B said when Wall Street's 10% the Prelo Biddy is going to be a million per coin. And according to him, this level of allocation would equate to as much as 20 trillion flowing into the bitcoin markets, making a hostile takeover economically impossible. Possible as aggressive buying would only empower the existing Hodlers. Let her rip Tater Chip. The Bitcoin maxi isn't alone in the mega bullish outlook. We have Blockstream CEO Bitcoin OG the one and only Adam back bringing Sexy back to the bitcoin network. He believes bitcoin could achieve the 1 million milestone target way before Wall street accumulates 10%. Agreed. He suggests that even a widespread 2% allocation across the major asset managers like the Black Rock would be enough to push the biddy to to that seven figure milestone a mere 2%. So if Adam is saying 2% allocation from Wall street is going to send bitcoin to a million, you do the math of what 10% is going to do. That would be a 5x so 5 million per coin. Send it and let's get it. And it is not the first time Sailor predicted the pretty low bitty price hitting seven figures. In fact he's been doing it religiously since I've discovered them in 2020. In fact, September of 2024 in an interview on CNBC forecast the long term price of the king CR13 million. He called it perfect money in contrast to the fiat currencies. In fact, one of these fiat currencies is officially at zero against bitcoin. You ever heard of the Turkish Lira? Look it up. Other prominent voices such as cz, one of the wealthiest in all of crypto and the wealthiest ever get locked up in jail. Ironic enough, but he's a free man now. Shout out cz known as cz. Echo similar sentiment. Xiangping Zhao, the crypto entrepreneur, previously projected the free little bitty ending up between 500000 per coin and 2 million this cycle. Let me know if you agree disagree with cz. We also have Kathy Wood. How much wood would it would chuck chuck if the Kathy Wood could chuck the biddy? That's a question. In April, the firm revised the base target of 1.2 million by 2030 with a bullish estimate of 2.4 million. ARC attributed the potential surge to institutional adoption, especially the spot Bitcoin ETFs as well as Bitcoin growing role as decentralized programmable store money and the company's estimation, all bets would be off. If Bitcoin managed to capture at last 6.5% of the projected 200 trillion global investable asset market. This would dwarf gold's current share at roughly 3.6%, a comparison backed by data. The bitcoin enthusiast and early stage angel investor Freddy Krueger Nightmare on Elm street recently shared showing that more Americans now own bitcoin than gold. Take that shift meister and hydro kids from Peter, please. Meanwhile, bitcoin's on the cusp of reentering price discovery live and in the flesh during the live stream. Less than 3, 000 away. Make some noise for that. And here's a little bonus action Jackson for you guys, sailor. On his 13 million bitty forecast, he says I'm getting more bullish and more bullish and more bullish as it continues to buy like there's no tomorrow. That's right. He recalled issuing the 13 million bitcoin price forecast recently on stage in Vegas. And this was a forecast he initially first made in July of 2024, based on annual appreciation of just 29 of over 21 years. At the time, Bitcoin was only 65 GS so that model projected Bitcoin to reach 13 million by 2045, 20 years out. So with bitcoin now trading above a hundred thousand, close to 110 sailors becoming even more bullish as he should, the strategy executive chairman stated the following. Listen up, guys and baddies alike. I am getting more bullish on that forecast. I am certainly comfortable forecasting 30 a year on average for the next 20 years. So he ultimately believes bitcoin's going up every single year moving forward. Excuse me, for the next 20 years at least, with an average of a 30 increase. Now, if you actually run the math, Bitcoin's been going up since the inception of the Genesis block over a hundred percent per year. So holy. I dare say that's conservative. But even with the conserve conservative projection, still extremely bullish. 13 million per year I think will come a lot sooner than the year 2045. I dare say by the year 2030 we can be at 13 million per coin. But you guys let me know your thoughts and we'll continue holding it down here as bitcoins are ripping like the new Scotty Pippen. 1094, 26 Honda away price discovery today. Let's make it Happen, Captain. Over 1500 people on the live stream. 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.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode 2017: “Here’s How Bitcoin Price Gets to $1 Million Per Coin” - Adam Back
Release Date: June 10, 2025
Host: Justin Verrengia
Bitcoin's Surge Towards New All-Time Highs
Bitcoin is on an upward trajectory, currently trading just $3,000 away from entering a new price discovery phase. As of the live stream, Bitcoin was approaching $109,000 with a 2% increase for the day. Ethereum and other major cryptocurrencies are also in the green, signaling a broad-based bullish momentum reminiscent of Bruce Lee's "Return of the Dragon" ([00:58]).
Key Market Metrics:
Notable Market Movers:
Host Justin Verrengia encourages listeners to share their thoughts on potential altcoin bullish trends, noting that a true altcoin bull season hasn't manifested yet ([03:00]).
Meta Planet's $5.4 Billion Bitcoin Strategy
Meta Planet, a Japanese investment company, has unveiled a $5.4 billion plan to acquire additional Bitcoin, significantly ramping up their holdings from 8,888 BTC to a total of 210,000 BTC by 2027. This move positions Meta Planet as the second-largest Bitcoin holder among public companies, trailing only Michael Saylor's Strategy B ([11:58]).
Impact on Market:
Market Analysis: Host JV emphasizes the significance of institutional adoption, noting that companies like Meta Planet and Strategy B are leading the charge in Bitcoin accumulation, which could drive substantial demand and contribute to price appreciation ([17:30]).
Strategy B Acquires 1,045 BTC for $110 Million
Strategy B, led by co-founder Michael Saylor, announced the acquisition of 1,045 BTC at an average price of $105,426 per BTC, bringing their total holdings to 582,000 BTC. This marks the ninth consecutive week of Bitcoin purchases by the company ([17:00]).
Host Commentary: JV highlights the strategic foresight of Michael Saylor, who initially hesitated to invest in Bitcoin in 2013 but has since led Strategy B to amass significant Bitcoin reserves. This consistent accumulation underscores the institutional confidence in Bitcoin's long-term potential ([17:30]).
Technical Signals Supporting a $250,000 Target by 2026
Multiple analysts cited by the host predict that Bitcoin has a strong chance of reaching $250,000 by 2026 based on three key technical signals:
Host's Perspective: JV expresses enthusiasm for these technical indicators, suggesting that they align with historical precedents where Bitcoin experienced significant rallies following similar patterns ([09:00]).
Samson Mow's Warning: Bitcoin at Risk from Core Developers
Samson Mow, a respected figure in the Bitcoin community, has raised concerns about the influence of Bitcoin Core developers, arguing that their expanding authority poses a risk to Bitcoin's integrity. In response to statements by developer James AUB, Mow contends that the core developers' control could lead to unwanted changes, potentially undermining Bitcoin's status as sound money ([23:02]).
Key Points:
Host's Take: JV acknowledges Samson Mow's expertise and encourages listeners to consider these governance-related risks, highlighting the importance of decentralized decision-making in maintaining Bitcoin's foundational principles ([23:02]).
Insights from Bitcoin OG Adam Back
In this episode, host Justin Verrengia delves into how Bitcoin could potentially reach the $1 million per coin milestone, featuring insights from industry legends like Adam Back and Michael Saylor.
Key Drivers to $1 Million:
Institutional Adoption:
Limited Supply and Demand Dynamics:
Positive Technical Indicators:
Additional Predictions: Michael Saylor has revised his long-term forecast, now envisioning Bitcoin reaching $13 million per BTC by 2045 based on an average annual appreciation of 30%. Host JV suggests that this milestone could be achieved as early as 2030, given Bitcoin's current momentum and strategic accumulations ([28:15]).
Notable Quotes:
Host's Enthusiasm: JV passionately endorses the bullish outlook, urging listeners to "send it" and stay committed as Bitcoin accelerates toward new heights ([28:00], [28:15]).
Michael Saylor’s Increasing Bullishness
Michael Saylor, Chairman of Strategy B, has intensified his bullish stance on Bitcoin, now projecting an average annual growth rate of 30% for the next 20 years. This optimism is rooted in consistent Bitcoin acquisitions and belief in its role as "perfect money" compared to traditional fiat currencies ([28:15]).
Implications:
Community Involvement: Host encourages listeners to share their thoughts on altcoin trends, institutional impacts, and technical analyses, fostering an interactive and informed community ([03:00], [23:02]).
Upcoming Episodes: Stay tuned for daily updates, live streams, and premium content aimed at keeping the Bitcoin community informed and engaged as the market approaches significant milestones ([00:58], [28:00]).
Conclusion
This episode of "Crypto News Alerts" presents a comprehensive and bullish outlook on Bitcoin's future, underscored by substantial institutional investments, positive technical indicators, and influential voices within the crypto community. As Bitcoin edges closer to new all-time highs, the potential for it to reach $1 million per coin gains momentum, driven by strategic accumulations and growing market confidence.
For the full premium experience with video and interactive live Q&A sessions, visit cryptonewsalerts.net. Stay informed, HODL strong!