Unchained Udi Wertheimer on Why Bitcoin Could Reach $400,000 by Year's End - Ep. 872
22 snips
Jul 22, 2025 Udi Wertheimer, a long-time Bitcoin advocate and customer support intern at Taproot Wizards, shares his compelling thesis on Bitcoin's potential surge to $400,000. He discusses the shift from old holders to institutional buyers, impacting market dynamics significantly. Udi argues that many in the crypto community misunderstand the current trends and suggests that altcoins, including Ethereum, may falter in this cycle. He emphasizes the role of 'forced buyers' and predicts an imminent price rise, shaking up traditional investment strategies.
AI Snips
Chapters
Transcript
Episode notes
Old Bitcoin Holders Selling Out
- Most old Bitcoin holders who wanted to sell around 100K already have.
- Current inflows from new buyers, including institutions, sustain price hikes without acceleration.
Dogecoin's Surge Mirrors Bitcoin
- Dogecoin's 2021 surge mirrors potential Bitcoin moves today due to a new class of investors.
- Crypto natives sold early while retail TikTok users accumulated Dogecoin unnoticed.
Bitcoin's Forced Buyers Explained
- Bitcoin treasury companies like MicroStrategy are 'forced buyers' with mandatory regular Bitcoin purchases.
- This introduces a new dynamic where buying is constant and insensitive to price levels.