Transcription
A lot of people think we're going to hit $200,000 Bitcoin by the end of the year, at least. Now, I have some semi-bad news for those people. If it's one of you guys, just relax. I'm going to give some reality doses for you, okay? But I'm also going to provide some really bullish news in case we don't. Okay, so here we go.
This is from Joe Kalisari on Twitter. We are about $80,000 away from $200,000. Okay, that's a lot. Okay, that's a really lot, especially with the market cap that we have now. It's going to be really hard with so much new fresh capital to go into the market to make another $80,000 worth of Bitcoin. Okay, there are about six or 90 days left in the year, roughly 60 when the CME is open. Bitcoin would need to average on a daily move of $850 with virtually no pullbacks or periods of consolidation, which is really unlikely. And you, if you've been a if you're a veteran in this space, you know that like, guys, rarely does that ever happen. And usually we do have a massive consolidation during bull markets. And I'm talking like consolidations in the 30, 40, 50% consolidation.
Now, do I think that's going to happen with the price action right now? Probably not. You know, like right now, bears are gone. I don't even know why anybody would even consider being a bear, especially with the news that I have after this. So, stick around. Hold on. So, uh, okay. Bitcoin rarely sustains that pace of appreciation over a three-month period, even in the strongest bull runs. Only a couple examples pre-2018. Yes, we did have some freaking crazy bull markets back then. Um, this one isn't as fun in my opinion. Back then it was a lot more fun, a lot more money to be made, but now it's a bit more selective, especially in alts and stuff because people are like, "Oh, there's no alt season, whatever." Well, some alts are up crazy amounts. I mean, look no further than like Hyperloot or whatever. So yeah, just, but this is right now we're focusing on Bitcoin. Okay.
So as price increases, market cap becomes exponentially harder, requiring billions of fresh new capital, uh, to double it or to put on another $80,000. So with that said, here are some, uh, price predictions from some of the major banks. And you can kind of see like they're kind of in the right, you know, I would say they're in the ballpark range. Okay. Citygroup, $133,000 by the end of the year. JPMorgan, $165,000 by the end of the year. And Standard Chartered, $200,000 by the end of the year. We'll see what happens. Um, if it's if it doesn't hit $200,000, if we don't add another $80,000 to the price of Bitcoin by the end of the year, is anybody going to be disappointed? Probably not. And if you are, you're a very short-term minded person and you got to start learning how to invest correctly because right now you're a gambler. So don't be a gambler. Be a long-term investor. That's pretty much the only way to make money in this space unless you're willing to bet like a lottery ticket or something like that because most people are going to make money over the long run that are short-term minded. Okay.
So now, President Trump says he is considering $1,000 to $2,000 stimulus checks for all taxpayers using tariff revenues. What happened last time that happened? Oh my gosh, that bull market in 2020, 2021 was fantastic and a lot of it was retail coming in buying with their stimulus checks. That's what happened. So, do I expect the same thing? I mean, I would definitely expect the same thing. I'm going to cover why that is, but first off, people are hurting in the United States. I'm just covering the US because the US has the global reserve currency status. Okay? People in the US are really hurting. Like, don't listen to politicians. They're all liars. These central banks, they're all liars. There's no 2% inflation. Your economy is not doing good. Your economy is in absolute shambles. And I'm going to prove that to you as I do every single video that I do. Here we go.
So, right now we have rate cuts in the 2.9% core PCE inflation for the first time in 30 years. Yes. And now you have a rapidly deteriorating US labor market outlook. Why is that? Manufacturing, jobs, AI. I mean, it's finished. Like there's no recovering from what is about to happen. That is why stimulus checks are going to be the norm. It's why Heidi was talking about a couple days ago about universal basic income. That is what most people are going to be on, unfortunately. And so this is just your government getting you used to that stuff and that is going to be a normal thing. And what's going to happen with that? Just going to print, print, print more currency and that's going to cause ridiculous amounts of inflation pushing up the price of Bitcoin and other inflation hedges. Okay.
So now we have, uh, deficit spending running at over $2 trillion per year. That number is nothing. That number is going to continue to rise no matter what you vote for or what you do in life. You better get yourself some inflation hedges like Bitcoin. Share this video, too. Like, share it to as many people that you know to educate them on inflation. Okay.
So let's go over actually number five here. Two more Fed rate cuts in 2025. Uh, so what is that going to do? It's going to put pressure on the United States dollar, which is going to push Bitcoin up even further. It makes me wonder like, why are there bears out there anymore? Like these guys are screwed. Okay.
So you also have a hundred billion dollars per quarter in AI capital expenditure by the magnificent seven. What does that mean? AI is just going to take over, guys. AI is going to absolutely obliterate the labor market and other markets as well. So there's going to be a lot of job losses. And like here we go. You have to understand this. If you have friends or family that are actually in these fields, you're going to have to tell them, "Hey, listen. Your job could be absolutely irrelevant due to, um, AI."
Okay, so here's some job categories that I just did a simple Google search. Here we go. Administrative support, customer service, sales and marketing, translation and writing, finance and accounting, office assistants, payroll clerks, call centers, representatives, I mean translators, content writers, bookkeepers, financial analysts, the list keeps going, guys. Like coders as well, like your jobs, sorry, like they're going to be gone.
So, what do you need to do here? Uh, so that you're not forced to be on universal basic income, you need to be buying Bitcoin. All right. So, that's it. Like, there's no ifs, ands, or buts about it. You can't vote your way out of this. And there's no point of being a leader about it and complaining about it because it's just going to run you over. So, you need to actually step out of the way and start preparing yourself for impact. And that is buying Bitcoin, essentially. Okay.
So now also and gold, you know, if you're really into gold or whatever, gold is almost just over doubled since 2011, whereas Bitcoin is up 24,000% since 2011. So you can choose your, choose your inflation hedge. You know what I want? So let's go on to Tracy Shoe Chart. Okay.
US auto loan just had their biggest monthly loss since 2020. So, not only is the job market going to be absolutely obliterated due to not only the tariffs, but you know, manufacturing is going to be done by AI and by robots, but also AI is going to take over all these other jobs. And lastly, we also have the US dollar 14-year support now or never, guys. It's never like, okay, so you have the United States dollar index or the DXY. It's kind of meaningless because all currencies are falling, every one of them. The US dollar has lost 98% of its value since 1971 since Nixon took the US dollar off the gold standard. So, you know, guys, it's finished. You can't rely on fiat anymore. If your savings are on fiat, if your family has savings in fiat, tell them, show them, show them this video. Like, give them do them a favor if you love them, you know? Like this is really serious.
All right, so anyways, check out learningcrypto.com if you do want to see what we are doing with our crypto, how we are preparing for the next bear market because there's going to be another bear market. Regardless, things don't go up in a straight line. I showed you so much bullish news, but things still don't go up in a straight line. They go like this. They go in little, little waves. Okay, so that's what you need to understand. Yeah, I'm just talking about this bull market right here. We're going to have a nasty bear market and then the next bull market is going to be absolutely amazing as well. Check us out.