In your research you also write the 12-month outlook for Bitcoin is one of The most bullish you've seen Bitcoin is Setting up for an incredibly bullish Next 12 months but before we get here First let's talk about here before we Get to the longterm we need to survive The short term and Bitcoin is dropping Hard how low can Bitcoin go comment how Low do you think Bitcoin can go because Bitcoin dipped below $60,000 this scares a lot of investors This scared a lot of Bitcoin holders and I'll just give you my thoughts here I'll Be real with you I'm fully prepared and I think it's very possible that Bitcoin Hits $554,000 again this would put us in the Bottom of this range that we've been Trading at for 6 months we've hit this Bottom range 1 2 3 four big times so far Over the last 6 months so if we hit this Area again it would not surprise me it Would be par for the course a buying Opportunity and anytime we see blood in The streets like this because it's Happened a lot throughout bitcoin's History anytime we see blood on the Streets like this try to orient yourself And think about it like bit wise's Senior investment strategist thinks About it a buying opportunity listen to This he's buying bitwise is buying Bitwise is telling their clients buy you
Put out a note a couple of weeks ago Arguing that history suggests to buy Bitcoin when there is blood on the Streets I decided to look at every Instance during the past 10 years when The S&P 500 dropped by 2% or more in a Day and then I compared it to the Performance of both Bitcoin and gold Over the following year and what I found Was that on average gold returned 8% Over those next 12 months while Bitcoin Returned 190% so my takeaway for investors is That history tells you that the next Time the stock market sells off you're Better off buying Bitcoin as a long-term Portfolio hedge instead of gold and Guess what we could go lower than this It's very possible we go lower and if we Go lower to me that would be a major Buying opportunity and I wouldn't think We'd stay there for long because Eventually in my opinion we never touch This area again and that's happened a Lot throughout bitcoin's history if You're a Believer like me I I I drank The Kool-Aid I'm a Believer in this Asset class and there's a lot of reason To think that in the next 12 months Specifically things are going to get Insanely bullish you realize this right If you don't here bit wise's senior Investment strategist takes us through Every single reason he expects bitcoin's
Price to rise and he actually gives a Price prediction at the end most people Will ignore this you don't listen to Everything he says here gold is a mature Asset as a result of that doesn't have That much long-term appreciation whereas Bitcoin is still a nent asset in its Early adoption phase of institutional And Global wider consumer adoption and So it has uh strong store value Properties limited Supply and decreasing New issuance of Bitcoin and so over the Long term it should perform as a great Store of value and I think that coupled With its Growth Properties because an Early adopted asset that is growing in Acceptance around the world I think Those two characteristics are really Powerful and make it a great long-term Store of value for your wealth so Obviously Bitcoin is going to go up in The future I think we're all believers With this many people have been asking Me though about altcoins guys we are Approaching one of the biggest altcoin Cycles that you will ever see even Analyst Ben Cowan admitted this to me in Our interview the other day if you Haven't watched our interview with Ben Cowen yet it's really good watch it I'm Going to play you just a clip here Ben And I talk about what to expect with Altcoins going forward I think we're Getting to the final part of where
Bitcoin outperforms and I think next Year you'll actually see altcoins Outperform Bitcoin wow so it sounds like You're saying sometime in the next maybe Four to six months is the best time ever To buy altcoins Well in a more uh trying to think about How how to in a more uh risk averse way To say it I guess you know normally what Happens with look I I think that and I've said this before right I think that Eth Bitcoin is sort of the uh the Harbinger for the altcoin market right It tells you how healthy the altcoin Market is how healthy or unhealthy it is And what I'm looking at right now as it Relates to ethereum because I mean There's no there's no doubt about it That ethereum has really under performed Bitcoin for the last you know two and a Half years but what I want to draw your Attention to and I I think this is it's Important to understand the altcoin Market by looking at this metric eth has Gone through the same pattern with Bitcoin two times before where it it Sets a low and after setting that low it Bounces to a double top and then comes Back down and eventually breaks below That low and you can see that it broke Below it in November 2016 and then it Broke below it in July of 2019 and then e Bitcoin then bottomed Out within one to two months right so in
2016 it bottomed out one month later in 2019 it bottomed out two months later And you know altcoin is really rallying Hard that makes sense to me I mean um in 2025 after Bitcoin clearly breaks over Its all-time highs Arthur Hayes from Bitmex said recently that he thinks only After Bitcoin clears 70k and ethereum Reclaims 4K we're going to see a massive Al season and you know I think we see That almost every cycle where Bitcoin Breaks alltime highs people who have Been in the market for a while feel this Wealth effect where it's like well I'm Not getting the returns uh that I used To be getting with the higher caps I'm Going to put some of that money into Lower Caps Plus new people coming to the Market or thinking oh I missed out on Bitcoin or ethereum I need to like put It in the more D gen plays and you just Get this like massive alt Cycle yeah I mean look it's honestly It's pretty clear right I mean your your Two last all season were in the post Having year right this is so this is the Bitcoin dominance yearly candles right So if you're wanting all season you want To see Bitcoin dominance go down right The last time you had a big yearly Candle where dominance went down was the Post having year of 2021 the time before That was the post having year of 2017 so Look three green three year basically
What happens is that you're right I mean You basically said it I don't I don't Really think I could say it any better Essentially what happens is that people That were riding the Bitcoin train During Tighter and titer monetary policy They know they know what's up with with The crypto markets but then when you get To the post having year and you get to Looser monetary policy and all that all That good stuff altcoins outperform so Then you get a lot of new retail Investors that come into the market Right you get a lot of new retail Investors and then those investors only Ever see Bitcoin dominance go down 2017 And 2021 so then when you get out to you Know 2026 and 2027 those people are Likely going to think that Bitcoin Dominance will keep going down but in Reality you're likely just going to see The same thing repeat now is the time to Get serious about your crypto awareness And crypto education so make sure you're Subscribed to our Channel we drop one Video every day keeping you informed Giving you an edge in the cryptocurrency Market so if you're interested in making Money make sure you subscribe this is a Continuing Story guys so much has Happened this year so much is going to Happen in the next 6 months and the next 12 months 2025 you can always engage With us more personally at Roundtable
The Roundtable app we're posting in There regularly and chatting with you Many people are posting on this app so Feel free to download it it's free and Start chatting with us I'm incredibly Excited about the future of this space See you tomorrow my friends
