The Wolf Of All Streets

$1 Million Bitcoin Is Inevitable, April Will Be Explosive | Mike Alfred

Mar 26, 2025
Mike Alfred, a Bitcoin bull renowned for his audacious price predictions, shares his confidence that Bitcoin will soon reach $1 million. He delves into the current crypto landscape and discusses the significance of recent regulatory clarity. Chris Inks joins later to uncover lucrative trading opportunities, analyzing market trends and breakout dynamics. The duo even lightheartedly pacts to celebrate Bitcoin milestones with fine wine, blending investment aspirations with camaraderie. Insightful, entertaining, and filled with market insights!
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INSIGHT

M&A as a Market Indicator

  • M&A activity signals that it's not the end of a market cycle.
  • Regulatory clarity enables companies to confidently pursue deals, suggesting a mid-cycle phase.
ANECDOTE

Quant's Inaccurate Prediction

  • Mike Alfred's quant incorrectly predicted Bitcoin reaching 180,000 by March 21st.
  • He now uses a cheaper AI quant and emphasizes the unpredictability of short-term price action.
ADVICE

Long-Term Bitcoin Strategy

  • Avoid short-term, leveraged, or options trades based on short-term price predictions.
  • Focus on longer-term modeling and the fundamental scarcity of Bitcoin.
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