
Bitcoin’s parabolic rally could last until Christmas with a cycle top near $500,000, according to one analyst: “I see Bitcoin going parabolic in the region of $300K–500K driven by two key forces.”
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Jack Welch
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Ryan Reynolds
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Jack Welch
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Ryan Reynolds
Welcome BitCo Bitcoin Pod in today's show I'll be breaking down the latest technical analysis. The current top is 119, I dare say 122 in play today. Send it. In today's show we'll be discussing the US Bitcoin ETS record, their first back to back 1 billion worth of inflows. That's right and it was exactly eight years ago today, July 7, 2017. The infamous Janet Yellen with the buy Bitcoin sign. And Bitcoin was only $2,385 on that day. Also literally 3 trillion of Bitcoin short. I'm sorry, 3 billion of Bitcoin shorts about to get liquidated at 130,000 which is our next leg up. We'll also be discussing how a teenager stole 243 million worth of Bitcoin and then revealed his identity on a live stream. We'll also be discussing US Dem's push back on digital asset bills with anti crypto corruption week as well as Trump slaps a 30% tariff on the EU and Mexico. Will the bitcoin price have a reaction? Also the latest from Mat Max Kaiser projecting Bitcoin reaching 220, 000 this year. In fact he just tweeted I just got out of a meeting with Satoshi and he told me Bitcoin is going to 220000 this year in 2025. Send it and speaking of bullish price predictions, we'll also be entertaining a bullish Christmas rally for the Bitcoin to hit 500, 000 per coin as per this particular BTC model. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. So if you are new to the rumble, important to smash the likes. Give us a follow. We just smashed over 5, 000 followers on the channel and also we stream live over on the X BTC news alerts and then we syndicate this across all the major podcasting platforms as well. Itunes, Spotify, you name it. Today is pod number 2049. I'm your host JV Happy 420. It's 4pm Eastern here and of course the market's been lit all week. We hit a new all time high several times price discovery throughout the week. The current top is 119 and at the time of the live stream only 1500 dollars away from re entering price discovery. So let's kick it off with our market watch pulling up coin360 pretty little bitty down a half a percent on the day just above117.3 at the time of the live we got ether just shy of 3000xr. Cardano were big gainers yesterday, big correctors today. Cardano still above 70 cents, down 5% on the day and XRP down 4% on the day maintaining just above $2 and 71 cents. Checking out coin market cap.com the current market cap total crypto is 3.66 right on the cusp of the all time high at 3.75. We're inching closer and closer. Bitcoin market cap also amongst the Highest it's ever been. 2.336 tr32 billion worth of volume past 24 hours. Bitcoin dominance back on the rise 63.9% ether dominance 9.7% checking out top 100 crypto gainers past 24 hours. Bonkers up 11% form up 2%. Very modest gains because the bulk of the market is correcting and in the red and checking out the crypto bubbles. Get a visual perspective on the day. Virtually everything in the red. It's crazy because the past couple of days everything has been in the green. So to get some humble pie and zoom it out on the weekend it's fair to say everything in the green. So a lot of bullish momentum has returned. A lot of liquidity being added to the market overall and zoom out on the month. That's where we get a bit of the humble pie. It's like a mixed bag. I'd say 50, 50 green over red. And checking out the crypto greed and fear index were all the way back in extreme greed out of 79. Do note the higher this number goes in extreme greed, the more likely of a pullback. Yesterday was a 71, last week at 67 and last month of 71. And checking out the infamous time chain calendar, we have 144, 754 blocks into the having a 2028. We're currently on block number 905,246. And as of today, July 12, 2025, let's see how many SATs you can get for a dollar. It looks like I got a refresh because it's frozen. Give me a split second here. Famous. I'm gonna speculate around 800 to 850. Close enough. 852 sats per dollar. So let's dive into our TA, aka astrology for the broskis and for the baddies and yeah, we'll pull up the live charts, but we're gonna first dive in U.S. bitcoin ETF record their first back to back 1 billion worth of the inflows. That's right. So this is a big deal. Friday the 11th, which was yesterday, another 1111 Good Omen ETF products recorded a total inflow flowing another 1 billion of flows the day before. That's 2 billion back to back. Now Nova Diaz Wealth Management President Nate Garassi shared Since January of 2024, since the launch of the ETFs there have been only seven inflow days exceeding a billion, two of which occurred in the past two days. Again, so much bullish momentum before that it was last on January 17th with 1.07 billion. Uh, the 1.17 billion inflow on Thursday was the second largest daily inflow since the inception, behind only the 1.37 billion recorded November 7th, 2024 when Trump won the presidential election. Bitwise Investment Chief officer Matt Hugan said in a Friday post that while the bitcoin network produced 450 bitcoin on Thursday, which is what it produces every day, spot Bitcoin ETFs brought in 10,000. So that's like 20x the daily issuance just from the ETFs alone. Can you say the mother of all supply shocks? That's been a topic of conversation in our past couple of episod. Similarly, Jan3 pointed out on Wednesday Bitcoin ETF demand was 22 times greater than the daily mind supply. Another divine omen as an 11:11 as a 22:11 plus 11:22 11:11 omen 22x baby as he pointed out here and shout out to Samson Mao. He was actually our featured topic of conversation on yesterday's podcast. We were entertaining some of his predictions. Bitcoin hitting a million dollars this run and basically going parabolic. He also says this demand is not sustainable at these price levels which means only one thing price is going to go up. It was a strong trading week for the spot ETFs for the biddy 2.72 billion of inflows over the five days. Bitcoin spot price hit the fresh all time high of 112000 Wednesday and continued climbing reaching118.9 and some change. Safe to round up to 119 current top and let's see if we break through this weekend potentially today during the stream the price surge led by Black Rocks Ibit Cross 80 assets under management ETF analyst Eric Baltuna said in a post it was the fastest ETF to ever achieve that in literally 374 days. They now have over 700000 Bitcoin achieved in a a year and a half. What took Michael Sailor's company over five years to achieve roughly 600 000. They have a hundred thousand more than micro strategy and they did it in a fraction of the time, which is truly mindboggling. Also big news here. Exactly eight years ago today. Well as of yesterday this happened. Bitcoin was 2, $385. You have Ms. Janet Yellen, Ms. Banana, always speaking like she's constipated with the epic Buy Bitcoin sign behind her, which is awesome. And also here you can see 3 billion of Bitcoin shorts will be liquidated at a hundred and thirty,000, which is the most obvious leg up. Practically an 11,000 price increase from the current top. 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.
Jack Welch
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Ryan Reynolds
And pulling up some of the live charts and you know, as we do each and every day, we do live chart action. Jackson Satisfaction, Bo Jackson, Tony Braxton for the baddies. So this one's for y'. All. We'll pull up the charts here. Let's see what we got. This is Bitcoin via the Coinbase via trading view 1 hour chart live and in the flesh. We do have some bull targets, bullish pennant rising wedgie and a big green target sitting at 126300 which is a bullish pennant. Another bullish indicator for the one hour chart. As typically we do not have such bullish targets sitting on the one hour. Zooming out a little further. This is the daily but I skipped the. What is it called? The four hour which I like to look at. So let's take a look at a four hour here. Four hour chart also has a very bullish target in the purple sitting at 100 and just shy of 137. It's a bull flag. Very bullish as well. So the hourly and the four hour both have bullish targets printed. Checking out the daily you can see 1, 2, 3, 4 consecutive green daily closes. Very significant. Getting bigger and bigger than as of today, a itty bitty cracked of red. But the day is not over yet. Also on the daily we have a particular target for the bull flag sitting at 146. 4, I repeat 146 4. Bullish flag sensation formation in play and zooming out a bit further. Taking a look at a weekly and we do get a weekly close, a new one for tomorrow. You can see the last three weeks have been very bullish with weekly closes. Naturally we will get a big green candle official tomorrow. You can see already how big it is. It's bigger than the previous two weeks combined. And the bullish momentum I think is not going to slow down. I think it's likely to accelerate like a a snowball going down a mountain if you feel what I'm saying. And you can also see we have the 124,000 cup and handle target. We're not too far from that right now. Most likely to hit that potentially this upcoming week. Who knows potentially over the weekend. Clearly Bitcoin has no top as fiat has no bottom and anything is possible. So be on the lookout for the Nipinator indicator and checking it out here for the monthly 1, 2, 3 this is gonna. This is our fourth green consecutive month. We get the official close in another couple of weeks but most likely the bullish momentum is not going nowhere in my opinion just going to escalate and continue on its parabola to new all time highs price discovery. Get used to it. But with that being shared next story of the day, I dare say this is actually a very interesting one. 243 million dollar hack from a teenager. That's right bro. Check this one. In August 20244100 Bitcoin where 243 million at the time vanished overnight from a single victim's account like holy three gamers turned self taught hackers siphoned off the bitcoin after successfully gaining access using social engineering tactics. But this was just the start of a bizarre case. Especially for the youngest thief. 19 year old oh my God, a nickname the Wiz. Let me say that again. He went from flaunting supercars to pleading guilty to a fresh round of scams while out on bail. Unsealed crypto court docs from the Department of Justice which we renamed the Department of Corruption after the Epstein cover up revealed an initial overview of the scam. Then crypto sleuth Zach XBT who helped unmask the hackers provided a detailed summary. The anonymous crypto investigator explained that this hacker I'm not going to use their names. Use A highly sophisticated social engineering attack stole the quarter billion dollars from a single person. The victim was first targeted with a call pretending to be Google support via spoof number to compromise personal accounts. This was followed by a spoof Gemini support call claiming the account had been hacked. This was enough to convince the victim to reset the two factor authenticator and send the Gemini funds to a compromise wallet. Concurrently the victim was led to use any desk to share their screen and leak their Bitcoin private key. Oh no. Stay away from any desks or any of those screen sharing platforms. Family hackers can absolutely take control and drain you of all of your crypto. Now check it. This would become a key clue, a reaction from the thieves on X after they received the 4,064. This is another example of self snitching. This is how they found these thieves. The investigation alongside tracking the blockchain transactions. The traces showed the funds were split amongst each party before the Bitcoin was sent to more than 15 exchanges. The crypto is then swapped multiple times between litecoin. They're trying to like clean the money so there's no trace of where it came from. Ether, monero and bitcoin. And during the live stream, the idiot accidentally leaked. Leaked his name. This was enforced with accomplices referring to him as the. Again, I don't want to use the name. Let's just say the thief. On several recordings and chats. It was the first careless error that he would make during his crime spree and how they tied him to the funds. Again, another live streaming idiot self snitching on himself, I guess. Here's a picture of the guy. Millions of dollars worth of eth accrued from the scam and then he spent a lot of it on cars, jewelry, watches, designer clothing. Ain't nothing but a brand name. The two accomplices were equally sloppy. I mean you'd expect any teenager to be just as stupid protecting their identities. Multiple people refer to this guy as Malone during the video clips. Flexing the stolen fun. Okay, if you're going to be involved in a heist for hundreds of millions of dollars, the stupidest thing you can do is purchase luxury items. It's going to create the biggest red flag. And it seems all these kids always do the same thing. Whether it's spending millions of dollars at a nightclub, flaunting money through sports cars or whatever. Why don't you stay under the radar? If you're that, you know, insane to do something like this and risk your life behind bars and you get away with it, why so stupid? It just makes no sense. But clearly they're idiots. But anyways, this story was pretty wild. Let me know your thoughts on that and let's continue with our next story of the day. Now we discussed the quarter billion dollar teenager hack. Let's discuss these crypto bills. Headline reads US Dems push back on digital asset bills with anti crypto corruption week. That's right. The political division of the U. S. Congress over digital assets seem to be deepening as top dems of the house of reps have announced their agenda following the republican push to address three specific crypto related bills starting on Monday. In a Friday notice, house financial service committee ranking member Maxine Waters, everyone's least favorite white house lady, Remember the one blowing kisses, the bankman freed? We love you Sam. That's her. And digital assets subcommittee ranking member Stephen lynch said they would lead dems in opposition to republican efforts to pass what they called the dangerous legislation. Republican leaders said earlier in the month that they would address the bills on payment, stable coins, crypto market structure and CBDCs starting Monday. Republicans are doubling down by fast track and a dangerous package of crypto legislation through Congress, according to Waters, again the one that was blowing kisses the bankman freed and aside from lacking urgently needed consumer protections and national security guardrails, these bills would make Congress complicit in Trump's unprecedented crypto scam. With a slim majority in the House, it is unclear if Republicans will have enough support to pass all three crypto bills in a floor vote given opposition led by the Dems like Waters and Lynch, Member Week is here at Lowe's. Don't miss your chance to get up to 40% off hundreds of items like paint, faucets, vanities, doors and more. Shop our exclusive deals happening in store and online now through July 18th. Not a member? Join Myloes Pro Rewards for free today and get ready to save more Lowes. We help you save loyalty programs subject to terms and conditions. Details@lowes.com Terms subject to change. This episode is brought to you by Polestar. There's only one true way to experience the all electric luxury SUV Polestar 3, and that's to take a test drive. It can go from 0 to 60 in as little as 4.8 seconds with the dynamic handling of a sports car, but to truly understand how it commands the road, you need to be behind the wheel up to 350 miles of range. The 3D surround sound system by Bowers and Wilkins. It's all something you have to experience to believe. So book your Test drive for Polestar 3 today@Polestar.com Interesting names we got there. The bill to regulate the stables the Genius act passed in the Senate after initial opposition from several Dems, but debate around May. Many pieces of legislation centered on crypto often includes discussions of US President Trump's crypto ventures. Quoting them here, lynch my Republican colleagues are eager to continue doing the bidding for the crypto industry while conveniently ignoring the vulnerabilities and opportunities for abuse that exists in crypto. Trump reportedly added about 620 million to his personal portfolio in a matter of months due to his investments in the crypto industry, including his famous backed business family business World Liberty Financial. The D5 protocol. Also, the company has also come under scrutiny for issuing its own stable coin, which is USD 1, as lawmakers in Congress likely susceptible to political influence from Trump considered legislation to regulate the asset. Also, what are the three crypto bills at issue? In addition to the GENIUS Act. We also have Republican lawmakers in the House said they would consider the anti CBDC surveillance Act, a bill to block the development of a CBDC central bank digital currency and also the Clarity act to establish a digital asset market structure. And on Friday the White House crypto advisor Bo Hines said on X he expects the chamber to pass the GENIUS act without any amendments or provisions. Fast tracking the bill on the President's desk. But there you have it. Yo, what are your thoughts on all that? You already know Trump proposed that there would be no CBDC in the United States. However, on the other hand he has his own stablecoin and a stablecoin could also achieve the ill agenda of the CBDC because at the end of the day it's just programmable money. You know, I mean to control and censor our spending habits, maybe have an expiration date on when we can spend it and things of this nature. So personally opt out. We already know Epstein's clients are running this shit show. Opt out. Buy Bitcoin, bada boom, game on. You feel me? Next up, the latest regarding the tariffs with the Trump meister. Trump slaps 30 tariffs on the EU and Mexico. How will the bitcoin price likely react? Let's start with this. Published from the cabisi letter Trump announced 30 tariff on the European Union and Mexico. Trump says if they retaliate, these terrorists will be raised by the same amount as a retaliation. Holy moly. The letter sent to her Excellency the EU's Ursulva von der Leyen. What a name. Read that. If Trump's great honor to demonstrate the strength and commitment of the two parties trading relationship even though the U S has one of the largest trade deficits with the union. Consequently, the POTUS has described the 30 tariffs which will go into effect August 1 as a more balanced and fair trade that would allow the US to continue its relationship with the eu. So at the end of this month, obviously the first of the month would be August. We're going to get these tariffs. Yeah, it's going to be interesting to see how it plays out. Trump's letter reads that the EU will allow complete open market access to the US with no tariff being charged to us in an attempt to reduce the large trade deficit and issue the following warning. If for any reason you decide to raise your tariffs and retaliate, then whatever the number you choose to raise them by will be added onto the 30% that we charge. Pretty gangster move right there. The letter to The Mexican President Dr. Claudia Pardo carried A similar message and the same threat. Recent history from earlier in the year shows the bitcoin's price tends to be highly affected by the tariffs imposed or even threatened by the President amongst other countries. Back in April, Trump was slapping terrorists left and right against essentially every country. Bitcoin tumbled from over a hundred thousand to under 75,000 to mark a five month low. And I guess depending upon your perspective, you can be grateful Bitcoin dumped if you took the opportunity to buy more. Sats on the low. Thank you Trump or holy. That's pretty. That's 25 of the market dumping just off the back of that news. So hopefully we don't get a reoccurrence here. It has recovered a lot of ground. Obviously we just hit the new all time high. Bitcoin been skyrocketing this week. The new top is 119 and we're practically 1500 away from the time of the live stream. Here's the latest from the high priest Max Kaiser. My favorite Max predicts Bitcoin to reach 220000 by the end of the year. In fact he just tweeted I just got out of a meeting with Satoshi and he told Me Bitcoin's going to 220000 per coin in 2025. And he gives you a little, yeah, I mean a little photo into the meeting with Satoshi. It looks like they're in the heavens, clearly doing their best thing. So you heard it first. Max already spoke with Satoshi in a meeting and 220000 incoming. Max also recently tweeted here, Bitcoin 1.3 million. That really got me excited when I saw that. I could see it already. 1.3 million per bitcoin. Send it. But let's dive a little deeper into the latest here. Max, prominent bitcoin advocate and chairman of the Volcano Energy, shared a bold prediction for the biddy, anticipating it would achieve a price of 220000 for this year. Aligning with previous optimistic forecasts made in multiple forums. Kaiser himself stated, I've been making six figure Bitcoin price predictions since at least 2021. No, there was a prediction I saw the other day and I re shared it. He shared it. Bitcoin was $50. This is a long time ago. Bitcoin was 50 bucks. And he clearly says in the interview that he believes in this and that this thing is going to go to a hundred thousand per coin and even a million per coin back when it was $50. So massive respect to Max and Stacy who started talking about bitcoin when it was three for a dollar. I share these videos all the time via the Kaiser Report. Kaiser, known for his bullish stance and his B boy stance, reiterates past calls for the six figure valuations. He emphasizes ongoing supply constraints as a drive driving factor behind the predictions. Bitcoin's outflow from exchanges naturally supports this outlook as we have the lowest amount of available bitcoin on the exchanges of all time. The prediction resonates with the community clearly, especially with the Nibinator indicator. Some echo Kaiser's optimism clearly virtually every day. And that's why I'm here. Financial experts also point to the volatile market conditions affecting the bitcoin trajectory. Supply metrics suggest potential price increases. Yet doubts persist about meeting 220 target within Kaiser's time frame. I think it's a very realistic target. I've been calling for 222000 for this particular year for very long time as a bear scenario. My base case 420 for the Broskis. But your base JV absolutely. And my bull scenario is 1.1 million. I do genuinely believe bitcoin has no top because fiat has no bottom. Let me know if you agree. Disagree. The forecast underlines Bitcoin and the macro factor driving the Kaiser assessment. Assessment experts highlight historical price dynamics tied to the having cycle as well as the geopolitical risks now also impacting future valuations. Insights reveal potential trends affecting the bitcoin long term outlook. We all know it's going up forever. Very limited supply. The hardest asset to exist in human history and you either get it or you don't. Max clearly has got it since 2009. Hence some would refer to him as Satoshi. According to Alex Jones, he holds as much bitcoin as Satoshi. I mean according to Alex Jones's own interviews with Max, he says, max, I know you have over a million bitcoins. If he did, that would make him the biggest bitcoin hodler in the entire planet next to Satosh. But anyways, I think he lost it all in a boat accident. 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Jack Welch
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Ryan Reynolds
But there you have it. Let me know your thoughts with the 220 in play. 2025. Now for our feature story of the day Bitcoin Christmas Rally Several hundred thousand dollar Bitcoin price action in play based on the power law model let's break this baby down. Now we discussed Max Kaiser's220,000 price target as well as 1.3 million per coin. Let's dive a little deeper and let me know if you'd like to see that Satoshi rally. I think it'd be a very, very merry Christmas. Bitcoin has rallied by 10 in July, already reaching new highs of 119. And this could just be the beginning of the parabolic rally, according to anonymous bitcoin analysts. That's right. The analyst said the bitcoin would be worth as much as258,000 per coin if history repeats. And according to the analyst, the bitcoin price action has followed the long term power curve trend line, a mathematical model reflecting the bitcoin exponential growth over time. It measures the price deviation from the trend line not just in dollar terms but in units of time, an approach known as the Power law. Time Contours and here's a great chart showing you the bitcoin power curve and US dollar and gold. The breakdown. Bada boom shakalaka. And this is based off Bitcoin recently hitting 116, 000. The new all time high is actually now 119 and it's just the beginning. We're just scratching the surface here. This bull run. The analysts explained that bitcoin is slightly more than two years ahead of the power curve, meaning if the price stayed flat, it would take over two years for the long term trend line to intersect at it yet again. According to analysts. We're currently above 79 of the historical data using this particular metric. The top 20% is what I call extreme greed. And lo and behold as of today we are back in extreme greed. These are the blowoff tops that came around every four years, which is typically every cycle. Here at the Bitty we have a having as a having cycle. The extreme greed zone spans from 112 to 258, a zone seen during the bitcoin euphoric peaks. It reminds me of a little euphoria. 2013, 2017, 2021. Always the year year preceding the having. The analysts imply that if the four year pattern continues they're going to be between 200000 and 300000 by Christmas before the bullish momentum begins to fade at the start of 2026. Other analysts and OGs are saying things are different and that the cycles have changed and they're going to be extended and continue to go up and we're just going to continue in a euphoria. A longer than expected bullish cycle, not just four years. You guys let me know your thoughts on that. So check this out. Another analyst and CEO, perpetual trading platform Rails shared that a couple of the macroeconomic forces can drive the biddy significantly higher this year, pointing out to the expanding Federal Reserve balance sheet which is soon gonna hit like the total deficit of the US is soon gonna hit 40 trillion because the big beautiful bill is going to spend another three and a half trillion. It's insane. The money printer go BR and the pivot towards the lower interest rates potentially under the new Fed leadership. Now you got Nipinator as the new chairman responding to the economic drag from the rising of the tariffs as the key catalysts. Together these shifts could ignite the broad based rally of the risk on assets with Bitcoin poised to benefit. She also cited the dxy, which is the US dollar currency index dropping below a hundo, as a critical early signal of this macro pivot, suggesting that a wave of the rate cuts and fresh stimulus may soon follow. Quoting her here, I see Bitcoin going parabolic in the region of 300 to 500000 per biddy driven by these two key forces. Let me know if you agree Disagree with the analyst. 500000 send it. Also, as you know the ETFs have been going wild gaining more ground on Gold, capturing 70% of the year to date net inflows according to Ecoin O metrics. The strong rebound from the slow 2025 start signals growing institutional interest and confidence in Bitcoin as a legitimate store value. Ultimately, all the smart money is going into bitcoin. President Trump, a lot of his wealth is now in bitcoin. Billionaires around the world. Uncle Ricky, I believe, has 80% of his wealth. The richest man in Mexico in bitcoin. A lot of very, very prominent figures. They know what's coming. They understand that the limited supply of the bitcoin brings the true scarcity. Bitcoin is the hardest money not to be with. And gold doesn't even get an honorable mention as the second best because the reality sailor nailed it a long time ago. Which one's the best crypto asset? Well, bitcoin is the best crypto asset. Okay, what's the second best? Best? There is no second best. There's a crypto asset. It's called bitcoin. Saying, I'm number one. I'm sorry I lied. I'm number one. Two, three, four, and five. There's no second best crypto asset. There's a crypto asset. It's called bitcoin. Right. The point is, if. If you have the superior asset, it's going up forever. Laura. And don't forget to check out bitcoin news alerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Hodl.
Bitcoin News Alerts | Daily BTC News – Episode 2049: Bitcoin Christmas Rally to $500,000 In Play Based On This BTC Model
Host: Justin Verrengia
Release Date: July 13, 2025
In Episode 2049 of "Bitcoin News Alerts | Daily BTC News," host Justin Verrengia (JV) delivers an in-depth analysis of Bitcoin's current market status, recent regulatory developments, notable events in the crypto space, and bold price predictions. Skipping the usual advertisements and intros, this episode dives straight into substantial content aimed at both seasoned investors and those new to the cryptocurrency landscape.
JV begins the episode by providing a snapshot of Bitcoin's current standing in the market:
Notable Quote:
"The current top is 119 and at the time of the live stream only 1500 dollars away from re-entering price discovery."
— Justin Verrengia [01:00]
A significant focus is placed on the unprecedented inflows into Bitcoin ETFs:
Notable Quote:
"Spot Bitcoin ETFs brought in 10,000. So that's like 20x the daily issuance just from the ETFs alone. Can you say the mother of all supply shocks?"
— Justin Verrengia [05:00]
JV commemorates the eight-year anniversary of an important day for Bitcoin:
Notable Quote:
"Exactly eight years ago today, July 7, 2017... Bitcoin was only $2,385 on that day."
— Justin Verrengia [07:30]
A shocking story unfolds involving a young hacker:
Notable Quote:
"A teenager stole $243 million worth of Bitcoin and then revealed his identity on a live stream."
— Justin Verrengia [15:00]
The regulatory landscape for Bitcoin faces significant challenges:
Notable Quote:
"These bills would make Congress complicit in Trump's unprecedented crypto scam."
— Justin Verrengia [19:30]
Former President Trump has taken decisive action affecting international trade:
Notable Quote:
"Trump slaps a 30% tariff on the EU and Mexico. Will the bitcoin price have a reaction?"
— Justin Verrengia [22:00]
Prominent Bitcoin advocate Mat Max Kaiser shares his optimistic outlook:
Notable Quote:
"Bitcoin is going to 220,000 per coin in 2025."
— Mat Max Kaiser [25:00]
The episode explores the potential for a massive Bitcoin rally during the holiday season:
Notable Quote:
"A couple of the macroeconomic forces can drive the biddy significantly higher this year... I see Bitcoin going parabolic in the region of 300 to 500,000 per biddy."
— Justin Verrengia [28:00]
Many within the Bitcoin community echo the bullish sentiments:
Notable Quote:
"Bitcoin has no top as fiat has no bottom and anything is possible."
— Justin Verrengia [27:00]
Episode 2049 of "Bitcoin News Alerts | Daily BTC News" presents a highly bullish outlook for Bitcoin, underscored by strong technical indicators, significant ETF inflows, and optimistic price models. Despite regulatory challenges and geopolitical tensions, the sentiment within the crypto community remains overwhelmingly positive, anticipating Bitcoin to reach unprecedented heights by year's end and beyond.
JV emphasizes the importance of staying informed and engaged with ongoing market developments, encouraging listeners to "HODL" amidst the volatile yet promising landscape.
Final Notable Quote:
"Bitcoin is the best crypto asset. If you have the superior asset, it's going up forever."
— Justin Verrengia [28:30]
Stay Updated:
For the full premium experience with video content and live Q&A sessions, visit bitcoinnewsalerts.net. Join the community and stay ahead with the latest in Bitcoin news and analysis.
HODL!