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2114: Bitcoin Set for $350K Explosion - Gold’s $24T Market Signals Parity
00:30:17
⚡ Bitcoin’s pullback to $112K has skeptics calling “cycle exhaustion,” but the bigger picture points to historic upside. Gold’s market cap is nearly $24 trillion, while Bitcoin’s sits at just $2.4 trillion. Even a modest revaluation to 30%...
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- [00:00]
T-Mobile Advertiser
Introducing Family Freedom from T Mobile. We'll pay off four phones up to $3200 and give you four free phones all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800.
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Per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone16128 gigabyte $829.99 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile mint is.
- [00:29]
Mint Mobile Promoter
Still $15 a month for premium wireless. If you haven't made the switch yet, here are 15 reasons why you should 1. It's $15 a month 2. Seriously, it's $15 a month 3. No big contracts 4. I use it. 5. My mom uses it. Are you. Are you playing me off? That's what's happening, right? Okay, give it a try@mintmobile.com Switch upfront.
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Mint Mobile Terms & Conditions Announcer
Payment of $45 for three month plan $15 per month equivalent required New customer offer first three months only, then full price plan options available, taxes and fees extra. See mintmobile.com Happy Monday.
- [00:59]
JV (Host, Crypto Analyst)
Fun day. Welcome everyone to the number one daily Bitcoin pod. Bitcoin having a quite of a correction alongside the entire crypto market. You can see down 2700 on the day maintaining just above 112 at the time of the live stream. In today's show we'll be discussing all the latest technical analysis and things you need to know. Also breaking news Vivic Ramani strive to acquire Bitcoin company similar scientific and an all stock transaction. Also the UAE signs agreement for automatic exchange of crypto tax data. We'll also be discussing crypto funds see 1.9 billion of inflows as Bitcoin ETFs extend their streak. Also Michael Saylor strategy just acquired another 100 million in Bitcoin officially announced today amid the Fed rate cut which we saw coming. That's right with our third eye as yesterday he posted the infamous Sailor tracker. Also Meta planet becomes the fifth largest corporate Bitcoin treasury with 633 million dollar buy making sailors recent purchase look like peanuts. We'll also be discussing what Bitcoin price needs to make it to 350,000 this cycle. I'll be breaking all this down for you. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show if you guys are new to the rumble important smash the like give us a follow hit the repost over on x today is pod episode 2114 and I want to talk to Samson is 9-22-2025 entire market started crashing. Currently down 3000 on the day. How low will she go? Is the million dollar question. Pretty low bitty maintaining just above 112000 at the time of the live stream. So let's kick this mofo off. And by the way I'm your host JV alongside my co host fed chair Nipinator keeping them nipinating and as you can see pulling up coin360 here on your screen. I've down 3% on the day ether wow. Down 7%. Trading just above 4100. Bloodshed rec city across the board Wuang swart style. H if what they say is true, the Shaolin and the Wuang could be dangerous. Do you think your Wuang sword style can defeat me? On guard. I'll let you try my btc. Exactly. And I'm just getting into the wuang with a little bit of the bitcoin mixture mixture here. Cash rules everything around me. No it's bitcoin rules everything around me. Cream get the bitties. Million dollar y'. All. But I digress. Yeah. Checking out coinmarketcap.com today the Bitcoin market cap is all the way down to 2.25 trillion. Yesterday was 2.3 trillion. So significant decrease in the market. And checking out the entire crypto market cap we were just above 4 trillion yesterday. I'm gonna guess we're gonna be underneath. Yep. Today it's 3.87 trillion. Total crypto market cap down 3.67% on the day. However, look at the volume. It's up 111%. 219 billion worth of volume for the past 24 hours. Bitcoin dominance. Here's the silver lining. Bitcoin dominance back on the climb. This tends to happen when the altcoins get wrecked. And checking out top 100 crypto gainers past 24 hours. Is there anything here? Yeah, barely. We have Mantle leading the pack up 7 and a half percent. MEM Core up 3 and a half. Then very modest gains between 1 and 2% followed by a blood bath as the majority of the market correcting. And in the red, checking out the crypto bubbles for that visual perspective. Damn. I dare say 97% REC City cross the board. No Diddy. Checking out the weekly as we can see here. Don't get that much better. 95% of the market rec city 5% of the green. Checking out for the monthly gets a little better but not much. I'd say 15% of the market in the green, 85% in the red. With the bloodshed and checking out the yearly doesn't get any better here. Yes, finally, when in doubt, just zoom the out. Nipinator. As you can see here. Now I want to flip that. I'd say 70 green, 30 in the red. And there you have it. Yo. And next checking out the crypto greed and fear index. Today it's a 45. That's right. I'll come back like Jordan wearing the 45 if you know what I'm saying. Yesterday was the 49. Last week was a 53 and last month the 60 in greed. And if you don't know now you know. Next up now for rta AKA Astrology for the Brosis. You should be able to see the headline here. Bitcoin shows signs of cycle exhaustion as the bitcoin price tumbles to 112. Oh no, end of the world. Yes. I'm a sarcastic son of a. Now check this out. Bitcoin bears extended sellside activity into the weekly open on Monday as a drop to 112 resulted in a large liquidation of leveraged positions across the market. It's kind of crazy because yesterday we were only 4% of away from hitting 120 which would have liquidated multiple billions of dollars worth of shorts. And the opposite happened as you can see here in the daily chart. You can see three big significant red candles back to back to back. And I'll be pulling up the live charts here shortly. So yeah, we touched down at 11980 already today down 4% of the past 24 hours and still dropping at the time of the live. The extended Deviation from the August 14th all time high of 1245 to 10% was accompanied by the massive liquidations across derivative markets. Over 1.6 billion of long positions liquidated just like that with ether accounting for 500 million. Bitcoin followed with 277 million in long liquidations and across the board a total of 1.7 billion wiped out of the market. And short and long as shown right here. Market makers ain't playing no games. The sudden market drop led to liquidations of 402000 traders over the period catching many off guard as investor sentiment flip bearish. The bitcoin liquidation heat map showed the price eating away liquidity at around 112 with more than 400 million bit orders between 1115 and 110. Now I don't know about you but Obviously I'm an 80s baby. I grew up in the 90s, you know, listening a lot of music and I just remember112 signed by BAD boy. No diddy, but just saying Shout out 112. They had a lot of good music back in the day. This suggests that bitcoin's price might drop further, sweeping liquidity like a dragon tail for martial law. And Tekken 3. Just saying shout out Bruce Lee. The Fed's interest rate cut last week one viewed as a vital bullish catalyst for the bitty, failed to push the markets higher, implying that the bitcoin bull cycle may run its course. That's blasphemous. I'm just saying Bitcoin's already showing signs of cycle exhaustion and very few are seeing it. Several onchain signals warn bitcoin's rally may have run out of steam. Bitcoin's spent output profit ratio metric the measures the overall profitability of all the spent bitcoin transactions on the blockchain showed fading profitability raising chances of a deeper correction. The sharp ratio was weaker than in last year meaning risk vers, return and profit potential were lower. This won't attract as many institutions as most people believe. Well it already has attracted an insane level of institutions this year. I just got to point out the obvious. Even if bitcoin hits new all time highs, profitability will remain low and the real focus will be on the altcoins. I beg to differ. I mean, I mean we already discussed the bitcoin dominance climbing as a result of these alts getting wrecked. But hey, tis what it is. Bitcoin's take or buy sell ratio cross the exchanges. The metric gauging market sentiment was 0.79 according to data from crypto Kwan I should say negative 0.79. Yeah and when the metric dips below a 1 it indicates the bears are in control of the market. And when the metrics above A1 it shows the bulls are back in control. So we're going to keep an eye out on the latest there. I also wanted to point out as here in the headlines Vivic Ramani strive will acquire bitcoin company similar scientific one of the larger bitcoin holders around the world than an all stock transaction. So the takeover will not be televised apparently the takeover.
- [09:08]
Elena (Tech Segment Host)
Let's analyze this week's tech innovations and startup moves.
- [09:14]
Will (Guest, T-Mobile User)
Honestly Elena, I didn't track the updates but I did switch to T Mobile with their new Family Freedom offer.
- [09:22]
Elena (Tech Segment Host)
That's not the disruption we're covering.
- [09:25]
Will (Guest, T-Mobile User)
Well, I'm pivoting from AT&T and scaling up with T Mobile. They paid off my family's four phones up to $3200 and gave us four.
- [09:37]
Elena (Tech Segment Host)
New phones on the house unicorn status.
- [09:41]
T-Mobile Advertiser
Introducing Family Freedom Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800.
- [09:55]
T-Mobile Terms & Conditions Announcer
Per line via virtual prepaid card typically takes 15 days free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 802999 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact.
- [10:06]
Mint Mobile Promoter
T Mobile mint is still $15 a month for premium wireless and if you haven't made the switch yet, here are 15 reasons why you should.
- [10:14]
JV (Host, Crypto Analyst)
1.
- [10:15]
Mint Mobile Promoter
It's $15 a month.
- [10:16]
JV (Host, Crypto Analyst)
2.
- [10:17]
Mint Mobile Promoter
Seriously, it's $15 a month. 3. No big contracts.
- [10:21]
JV (Host, Crypto Analyst)
4.
- [10:21]
Mint Mobile Promoter
I use it. 5. My mom uses it. Are you. Are you playing me off? That's what's happening, right? Okay, give it a try. @mintmobile.com Switch upfront payment of $45 for.
- [10:31]
Mint Mobile Terms & Conditions Announcer
Three month plan $15 per month equivalent required. New customer offer first three months only then full price plan options available, taxes and fees extra. See mintmobile.com is here.
- [10:38]
JV (Host, Crypto Analyst)
And now let's pull up some of the live charts. We'll do a little live chart action. Jackson, Bo Jackson. Tony Braxton. Dedicated to the baddies and as you can see on the one hour it's not looking so pretty. Four hours of cascading red candles. No particular bull signals in sight and we're way underneath the moving averages which you can see on your screen. But hopefully it gets a little better when we zoom out. Let's see four hour. We do have a couple of bulls here. Bull targets that is falling wedgie. 123, 150 Again on the four hour we got a 123150 which would take us right on the cusp of reclaiming price discovery. We also have an inverted head and shoulders, knees and toes. Knees and toes. 119. 5 await on the 4 hour again. 1195 inverted head and shoulders in play. But you can see we had a big ass red candle a little early on this morning or late last night when we were sleeping and hence why we're all the way down the 112 territory right now and zooming it out, checking out the daily. Yesterday we did have that 146 target. It's still in play here on the daily. So yeah, 146four in play. Bull flag all day, full send it. And taking a step further, checking out the weekly. We did get a weekly candle close just yesterday and you can see we had a couple of continuous green candles on the weekly but unfortunately we did close in the red. We were like tinkering on the border of green yesterday when we did the show and then it must have continued the correction and unfortunately that means the bears may be in control this week. However, silver lining as well. Whenever there is a dip and we're in a bull market in which we are and especially approaching the fourth quarter, the most historically bullish season of the year, I mean the dips are very short lived and we recover sometimes within 2448 hours. But there's no telling. We could have a very bearish week here considering what the market is witnessing. But time will tell so you guys got to let me know. But there is a rising wedge and I mean hopefully we can continue this bullish momentum as we all prophesize already leading into the fourth quarter. Right around the Kona and taking one step back. We'll check out the monthly the monthly chart. Here's silver lining. We are still in the green for the month of September. Now historically September is known as the most bearish month of the year in crypto and this month has been an outlier. We're still in the green. However, if we continue this correction we could reverse those gains. But I pray we can continue with the green momentum and get a strong close and then lead into the fourth quarter ripping like the new Scotty Pippen. But you guys got to let me know your thoughts. Where do you feel the prelo biddy likely take us next? No Diddy and I'll read some of your comments out loud. Next story Fam UAE signs agreement for the automatic exchange of Crypto tax data hold up, wait. That's right. The United Arab Emirates took a step towards aligning his digital asset policies when the international tax standards by signing a multilateral competent authority agreement on the automatic exchange of information under the Crypto Asset Reporting Framework. Try to say that fast three times as fast as you can. Good luck. The UAE Ministry of Finance announced the agreement on Saturday. Sat stacking Saturday, formalizing the UAE's commitment to implementing the organization of the Economic Cooperation of the Vel global regime for the digital asset reporting sounds so official. The CARF creates a mechanism for the automatic exchange tax related info on crypto asset activities between participating jurisdictions. So it seems like they're going to report taxes on crypto automatically. You ain't got to do nothing. That's how much they trust you. This strengthens international cooperation and transparency and tax compliance. I just want to say the obvious. Taxation is theft. Just saying. The MOF announced that the UAE will roll out the framework in 2027 with the initial information exchange expected to start 2028 year. The next having by that time Bitcoin already be 10 billion per coin. Just saying. Coin Telegraph reached out to the UAE Ministry of Finance for more info and did not receive a response. Unacceptable. Now to prepare for the implementation, the UAE launched a public consultation to gather feedback from the industry stakeholders including exchanges, custodians, traders, advisory firms. Consultation open September 15th and will close November 8th. The UAE joined 50 other jurisdictions that have committed to implementing the CARF in the coming years, setting the stage for a global approach to the crypto tax takeover, as I call it. And on June 6, Switzerland also moved forward with plans to automatically share crypto related tax data with 74 partner countries. The Swiss government adopted a bill that would enable the automatic exchange of info sharing data with most G20 countries. So it looks like taxation by force. Just in case you forget to report. On September 2, South Korean media outlet NATE reported the country had already NATE agreement implement the CARF to share crypto tax data. The country's national tax service will be collaborating with the local crypto exchanges and international organizations. Automatically share your tax info. Yay. Apart from participation in the global information exchange framework, the country also cracked down on tax delinquents crypto assets. South Korea's Jeju City is freezing and seizing crypto assets of users believed to be dodging their tax requirements. And that's all the more reason to stop leaving your crypto on the exchanges. Did you guys even know in the state of California, if you don't log in to the exchange, let's say you're hypothetically the exchange is Coinbase, the largest in the United States. And let's say you're storing your hard earned Bitcoin there because you're too lazy to learn how to properly self custody your Bitcoin. And let's just hypothetically say you don't log in for three years. Well, the state has the right to confiscate all of your crypto on that exchange for failure to log in within three years. So another reason it's really stupid to keep crypton in exchange and treat the exchange as your storage. It should only be on the exchange. In my opinion, if you're actively trading it, there's no other logical reason or advantage to do that. You got to keep in mind not your keys, nacho cheese, nacho keys, nacho coins, and that you don't actually own the private keys, you're just borrowing it via the the exchange. So not only can they report your tax information to authorities and automatically do all these strange things, they can also seize and confiscate your crypto. Now, this is specific to California, but if it could happen in California, what's to say it can't happen in Florida and the rest of the United States? You know, I mean, so yeah, be careful on those exchanges, yo. Be very careful, I dare say. Next story fam Headline here reads crypto funds see 1.9 billion of inflows as the Bitcoin ETFs extend the streak. That's right. Crypto funds recorded a second consecutive week of inflows last week, extending the 3.3 billion in gains recorded the week prior. ETFs logged in 1.9 billion of inflows last week, according to Coin Shares. Bitcoin and Ether led the way with inflows of 977 million and 772 million, while Solana and XRP saw strong demand with 127 million 69 milli. And with the new gains, the total assets under management and global crypto ETBs are so a new high of 40.4 billion year to date. And that ain't no rookie numbers there, yo. However, it is kind of rookie numbers because these ETFs just went live in 2024. So just saying.
- [18:29]
Elena (Tech Segment Host)
Let's analyze this week's tech innovations and startup moves.
- [18:34]
Will (Guest, T-Mobile User)
Honestly, Elena, I didn't track the updates, but I did switch to T Mobile with their new Family Freedom offer.
- [18:42]
Elena (Tech Segment Host)
That's not the disruption we're covering.
- [18:45]
Will (Guest, T-Mobile User)
Well, I'm pivoting from AT&T and scaling up with T Mobile. They paid off my family's four phones up to $3200 and gave us four.
- [18:57]
Elena (Tech Segment Host)
New phones on the house unicorn status.
- [19:01]
T-Mobile Advertiser
Introducing Family Freedom. Our lowest cost to switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800.
- [19:15]
T-Mobile Terms & Conditions Announcer
Per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone16128 gigabyte 802999 eligible trade in eg iPhone11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile mint is still.
- [19:28]
Mint Mobile Promoter
$15 a month for premium wireless and if you haven't made the switch yet, here are 15 reasons why you should 1. It's $15 a month 2. Seriously, it's $15 a month 3. No big contracts 4. I use it. 5. My mom uses it. Are you. Are you playing me off? That's what's happening, right? Okay, give it a try@mintmobile.com Switch upfront.
- [19:50]
Mint Mobile Terms & Conditions Announcer
Payment of $45 for three month plan $15 per month equivalent required New customer offer first three months only, then full price plan options available, taxes and fees extra.
- [19:56]
JV (Host, Crypto Analyst)
See mintmobile.com Ironic Bitcoin funds maintained momentum last week, attracting the largest share of inflows after topping the gains with 2.4 billion worth of the inflows the previous week. The latest inflows mark the fourth straight week of gains for Bitcoin ETFs bringing the four week total to 3.9 billion. In contrast, short Bitcoin exchange traded products continue to struggle with three and a half billion in outflows and total assets under management drop into a multi year low of 83 million. Ether ATPs also saw strong investor demand last week with the fresh inflows pushing year to date totals to a record 12.6 billion according to Coin Share. The fresh inflows and crypto funds came amid the US Fed slashing the key US interest rate by 25 basis points which is a quarter percent marking its first cut of the year. And experts are predicting there'll be two more quarter point cuts. You let me know if you agree. After months of split speculation, the US Fed cut interest rates last week. Although investors initially reacted cautiously to the so called hawkish cut. Inflows resumed later in the week and following the Fed rate cut, spot crypto prices saw slight volatility. I'd say a little more than slight volatility, but that's to be expected with bitcoin price edging up to multi week highs. In fact we almost touched 118. We're only a few bucks short and here we are a few days later 112. Hence the extreme volatility. Yo. Ether also briefly surged above 46. In fact we tap 48 and now today it's like 4, 000 after the correction of today. Despite strong inflows and rising prices the investor sentiment remain cautious as we already discussed in the Crypto Greed and Fear Index. And if you don't know, you better ask somebody and figure that out. We'll continue. Here's the latest from the Gigachad Michael Sailor. You can call me mystic jv. I predict these things. But we knew yesterday Sailor was going to drop an announcement because he did share the infamous Sailor tracker. And like clockwork, today's headline Michael Sailor strategy acquires 100 million of the Biddy amid the Fed Rate Cut. That's right, Michael Sailor Strategy, the world's largest corporate Bitcoin holder, added more bitcoin. What else is new to the balance sheet? Last week as the US Fed cut interest rates for the first time in 2025, Strategy acquired 850 Bitcoin for 99.7 million, which is one of their smaller buys by the way. Do the week ending on Sunday. According to their new Filing with the SEC, the purchase was made at an average price of 117,000 per coin as Bitcoin briefly surged to multi week highs above 117 on Thursday. Not just any Thursday, that was a thirsty throwback Thursday. How sweet bitty. Following the Fed's 25 basis point interest rate cut and here's the warning emergency alert on my phone National Weather Service flash flood warning. Thanks Captain Obvious. But yeah, the acquisition brought Strategies total Bitcoin holdings to 639835 BTC purchase for about 47.3 billion at an average price of just shy of 74, 000 per biddy. Strategy's latest Bitcoin purchase continued a trend of modest acquisitions, highlighting a slowdown compared with the large buy seen earlier in the year so far. In September, Strategy acquired 3,330 bitcoins, a sharp decline from the 7,714 of the biddies bought the previous month in August itself down 75 from July's 31. 466. So when sailor wants to do the monster stacking, that's precisely what he does. Monster stacking. Now check it. Sailor, who's known for his commitment to buy more the biddy at the higher prices and he did verbally say I will be buying the top forever. Laura has made some remarks on the limited volatility of the biddy. Observe that the past months amid the growing institutional adoption, quoting them here, the conundrum is well, if the mega institutions are going to enter, if the volatility decreases, it is going to be boring for a while. And because it's boring for a while, people's adrenaline rush is going to drop. Hey, nothing boring about the bitty. And I have 24. 7 Adrenaline. Even while I'm sleeping, I'm thinking about bitcoin. I'm sure you guys can relate. Now, while strategies bitcoin purchases may have slowed down over the past couple of months, don't get her twisted. Other companies such as Meta Planet have been aggressively adding to their holdings and actually that's going to be our next story. We will be discussing Meta Planet's latest acquisition. It was like 633 million but you can see on Bitcoin treasuries.net strategy now has almost 640000 Bitcoin and in second place, not even close, Mara holdings with 52, 000 of the BTC strategy's latest Bitcoin buy came amid Sailor preparing to attend the US Government hosted roundtable in which he did with his orange tie and originally introduced referring to the genius act for the Bitcoin reserve bill. It was introduced by Lummis early July of 2024, the Bitcoin act proposing the US government buying 200,000 Bitcoin over the course of five years with an average of 200,000 per year until they have a total of 1 million BTC for the Bitcoin Strategic Reserve for the United States of America. All right fam. Now for our next story of the day. Meta planet becomes the fifth largest corporate Bitcoin treasury with 633 million by making sailors recent acquisition look like a motherfucking peanut. Just saying. Rest in peace Peanut the Squirrel. Japan's Meta Planet expanded his Bitcoin treasury of 5,419 of the bitties, making it the fifth largest corporate holder of crypto globally. Well, specifically Bitcoin. The company said Monday it acquired 5,419 BTC at an average price of 17,281 Japanese yen. I'm sorry 17 million Japanese yen which is roughly 117,000 per Bitcoin. With its latest 633 million purchase, the company's holdings reached 25,555, 555 Bitcoin making it the fifth largest corporate Bitcoin treasury according to Bitcoin Treasuries. The on NET Ironic that is 25, 55 and they're in the fifth position as the largest bitcoin treasury company in the world. I mean the chart don't lie Meta Planet ultimately the Japanese Konichiwa version of strategy. The purchase price of the latest trench of the bitty just short of 117 put the investment at a loss of almost 4% with a current market price of 112,500 pre low bitty been correcting as you can see with the purchase, metaplan's Bitcoin yield, the percentage change in the ratio of the total of the bitcoin fully diluted share reached a whopping 10.3% from July 1 to September 22. Hence a lot of talk to Samson. Now Meta Planet's current Bitcoin holdings were almost 3 billion, significantly higher than the 2.1 billion they were worth just a month ago. Still, the firm stock has not seen the same growth over the same period. Now shares of the meta planet rose 3.8% Monday but remained under pressure. Now they say diamonds are made under pressure, don't they? The stock has fallen more than 30 in the past month according to Google Finance. I mean, numbers don't lie. Check the scoreboard chart right here on your screen. Let's roll nerds. Metaplanis stock is up nearly 78% this year despite trading well below its all time high of 15.35 which was in May. May 21. Meta Planet faces mounting pressure as it share price tumbles, threatening fundraising models which it have used to build a Bitcoin treasury. Still, the company appears to be betting on continued aggressive growth and the expansion of its Bitcoin holdings. Earlier in the month, Meta Planet announced the establishment of the Meta Planet Income Corp. A wholly owned US subsidiary based in Miami with an initial capital of 15 million. The company also unveiled the Bitcoin Japan Inc. To strengthen its domestic Bitcoin related operations. Kinitiwa. Also this month, Meta Planet announced it'll issue 385 million new shares, a span in the Bitcoin holdings and related businesses. The initiative sees the company issuing new shares at a discount of almost 10%, raising an estimated 1.44 billion. Let's map out this week's amazing destinations and travel tips.
- [28:02]
Elena (Tech Segment Host)
Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [28:10]
JV (Host, Crypto Analyst)
That's not the itinerary we're following.
- [28:12]
Elena (Tech Segment Host)
Well, I'm departing from AT and T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [28:25]
Mint Mobile Promoter
Bon voyage.
- [28:27]
T-Mobile Advertiser
Introducing Family Freedom. Our lowest cost. To switch our biggest family savings all On America's largest 5G network, visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800 per line.
- [28:42]
T-Mobile Terms & Conditions Announcer
Via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone16128 gigabyte 802999 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile mint is.
- [28:53]
Mint Mobile Promoter
Still $15 a month for premium wireless. And if you haven't made the switch yet, here are 15 reasons why you should. 1. It's $15 a month.
- [29:02]
JV (Host, Crypto Analyst)
2.
- [29:03]
Mint Mobile Promoter
Seriously, it's $15 a month.
- [29:05]
JV (Host, Crypto Analyst)
3.
- [29:06]
Mint Mobile Promoter
No big contracts.
- [29:07]
JV (Host, Crypto Analyst)
4.
- [29:07]
Mint Mobile Promoter
I use it. 5. My mom uses it. Are you. Are you playing me off? That's what's happening, right? Okay, give it a try@mintmobile.com Switch upfront.
- [29:16]
Mint Mobile Terms & Conditions Announcer
Payment of 45 for 3 month plan $15 per month equivalent required. New customer offer first 3 months only then full price plan options available, taxes and fees extra.
- [29:22]
JV (Host, Crypto Analyst)
See mintmobile.com dollars and there's the latest from the Meta planet. All right fam. Now for our future story of the day. What bitcoin price needs to make it to $350,000. And before we dive deeper into this particular article which was just published, I want to point out some honorable mentions here. This first post from the Bitcoin therapist he wrote Gold's market cap is nearly $24 trillion. That's right. With the new all time high, Bitcoin's market cap is only 2.4 trillion. Gold is being valued at over 10 times more. That's a fact Jack. Now if Bitcoin is revalued in the next year to even think 30% of gold's value, we're looking at approximately $350,000 per Bitcoin. Let me know if you agree disagree and also here's another post. This one's by rich dad Robert Kiyosaki. Time stamped all the way back 12-27-2024. So end of last year I dare say was that two days after Christmas and this got over a million views. So let's go into our what is it called? Called when we travel back in time Time Machine. Thank you JV Larry Fink dumping Bitcoin Vivek Warn Larry Fink of Black Rock is a Marxist Vivic Warren Fink and Black Rock are shareholder capitalists, not stakeholder capitalists. Shareholder capitalists are Marxists like Claus Schwab who state someday you'll own nothing and you'll be happy. That's right. I love bitcoin in My own wallet says Rich Dad. I would not trust Bitcoin and black rocks ETF. Wow. I mean I agree 100 with rich dad. Blackrock suppressing bitcoin price of the whales can buy bitcoin at under a hundred thousand. Precisely what the manipulators on whales do. I will keep buying more bitcoin because bitcoin is going higher. Can I get a name in? He also said I Predict Bitcoin to hit 350000 in 2025. Now obviously we still have an entire fourth quarter amongst us. October, November, December. Will 350 come into play? You got to let me know your thoughts. And if Rich dad nails that target, I will absolutely give him all the credit he deserves on nailing that. But now let's dive a little deeper into our story. Check this out. The Bitcoin therapist highlighted the important comparison between gold and bitcoin. Gold had a market cap nearly 24 trillion, virtually 10x that of Bitcoin's market cap as of today. In contrast, the bitcoin market cap stood at 2.4 trillion. This means gold was valid at more than 10 times the worth of bitcoin. So easy numbers. The post suggested that Bitcoin were to be revalued to just 30% of Go's market value. The price could have reached approximately 350,000 per coin then safe to say if we are on par with the 24 trillion market cap, well no brainer we'd be at a million dollars per coin. Can 3x that target, can we not? He also argued that even a conservative adjustment could have justified Bitcoin rising to 350 or more. Agreed. Meanwhile, Bit Pulse took a historic angle. He noted the gold had thousands of years to build its reputation as a store of value. That's true. However, he emphasized the Bitcoin as a superior digital version of gold. Fact could have been on the verge of its own historic breakout. And just recently, gold price did reach a new all time high this week, surpassing 3,500 per ounce. I even heard estimates of 3,700. If someone can clarify and verify that for me in the chat, I appreciate it. Meanwhile, bitcoin, which has often traded in sync with gold, did climb actually to 118 earlier in the week after the Fed cut the interest rates by a quarter point and we were 118 and then we just dumped today to 112. So lots of volatility in the market. Bitcoin, which has a history of rallying after goals, setting fresh highs and if the Pattern holds true. Bitcoin can see an even stronger movement in the next year and I think it's going to be a pretty lit fourth quarter. Let me know if you agree with that. Previous gold all time highs have shown a clear pattern for the biddy. At first biddy tends to lag behind. However over 6 to 12 month period it often outperforms. For example August of 2011 goal reached $1921 per ounce. One year later Bitcoin had risen like Lazarus from the dead by 145%. The same pattern appeared in August of 2020 when gold peaked near $2,070. Three months later Bitcoin gained 68%. Can't complain and after six months it was up 286% by 12 months climbed back 315%. Pretty little bitty going up forever. Laura prove me otherwise. Near the end of the year Rich dad, well known author Rich Dad, Poor dad made the bold prediction like I mentioned earlier. Ready read that to you. 350,000 per coin. And he made that prediction back in December of last year. Let me know if you think we're likely hit that particular target. And speaking of bullish price projections, now here's a little Nip Anator indicator prediction for you. Nip Anator indicator suggests that Bitcoin's going to hit a minimal still of 222,000 this year this cycle. And he also predicts 420 is the base case which would more than likely go into the extended cycle theory into 2026 versus peaking out this year. Also Nipinator indicators bull scenario is 1.1 million per coin. Now clearly we need some form of a super cycle but anything is possible with a constipated Janet yelling ban. So you guys got to let me know if you agree disagree and I'll read some more of those comments out loud. Mike McCoy for Clive Mayor. Oh thank you for that. Yeah, for some reason articles are always off. You got to always question your sources. So thank you Mike. So Gold did top out at 3780 as the all time high. The article had it at 35 as the top. It didn't seem right with me. I knew it was higher and my intuitions proved correct. So thank you Mike. I appreciate that. 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 and A. And I look forward to seeing you on tomorrow's episode Hoddle.