1000x How High Can It Go?
26 snips
Jul 14, 2025 In this discussion, the hosts celebrate Bitcoin's impressive rise past $120k and ponder how high it can actually go. They dive into altcoin rotation strategies and the intriguing dynamics of treasury investments in crypto. The conversation highlights the potential for Bitcoin to flip gold as a preferred asset and examines its role as a store of value amidst changing economic trends. With insights on market psychology and trading metrics, they reflect on the evolving landscape of cryptocurrency, exploring both risks and opportunities.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin's Surge and Altcoin Doubts
- Bitcoin has surged to $120k with a strong rally after a period of stability around $109k.
- Altcoins are unlikely to rally broadly now due to weak fundamentals and selling pressure from holders.
Bitcoin Tracks Money Supply Growth
- Bitcoin's rally correlates closely with the increase in M2 money supply, reflecting an influx of liquidity.
- The money printing and inflation concerns are driving demand for Bitcoin as a hedge.
Dead Biotech Firms as Treasury Vehicles
- Dead biotech companies are being repurposed as treasury companies buying crypto assets.
- This trend drives market froth but may offer unique investment opportunities through these shells.