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1963: “Here’s Why Bitcoin Is Definitely Going to $1,000,000” - CZ

10 snips
Apr 15, 2025
CZ predicts Bitcoin will soar to $1 million, with countries racing to accumulate it. The discussion highlights key advancements and price predictions in the crypto sector. A digital asset firm makes a massive Bitcoin purchase amid market uncertainty, pointing to broader financial influences. The contrasting states of DeFi and CeFi lending are examined following major failures, while the positive outlook for Bitcoin emphasizes the importance of patience in this volatile market.
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INSIGHT

Bitcoin's Bullish Breakout Signs

  • Bitcoin price has recently held above $84K, signaling potential for a bullish breakout.
  • Weekly closes above key downtrend lines show breakout confirmation is underway.
ANECDOTE

Michael Saylor’s Huge Bitcoin Buy

  • Michael Saylor’s firm purchased 3,459 Bitcoin for $285 million at an average price of $82,000.
  • The firm holds over $531,000 BTC with a 25% unrealized profit amid market uncertainty.
INSIGHT

Crypto Outflows Wipe 2025 Gains

  • Crypto investment products had $7.2 billion outflows nearly wiping out 2025 gains.
  • Market uncertainty from trade tariffs caused large outflows despite Bitcoin's relative stability.
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