The Wolf Of All Streets

Bitcoin Headed To $200K-$315K, June Will Be Explosive | Mike Alfred

May 21, 2025
Mike Alfred, a Bitcoin guru known for his market insights, and Chris Inks, a seasoned trader from Texas West Capital, dive into the thrilling future of Bitcoin. They discuss ambitious price predictions, with targets soaring up to $300,000. The duo unpacks institutional interests boosting Bitcoin's value and the risks companies face when adopting it in their treasuries. They also explore the evolving crypto landscape, promising trades in both Bitcoin and altcoins, and share strategies for navigating market dynamics effectively.
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INSIGHT

Institutional Cycle Dominates Bitcoin

  • Bitcoin's current cycle is driven almost entirely by institutional investors rather than retail FOMO.
  • This results in a slower buildup and longer consolidation phases before major price breakouts.
ADVICE

DCA and Hold Bitcoin Forever

  • Use a long-term dollar cost averaging (DCA) strategy to buy Bitcoin relentlessly during drawdowns.
  • Hold your Bitcoin forever without trying to trade or seek yield to avoid losses and maximize gains.
INSIGHT

Corporate BTC Treasury Adoption Implications

  • Increasing corporate Bitcoin treasury buy-ins via convertible debt could increase volatility but the market limits aggregate convertible issuance.
  • Bitcoin treasury adoption is inevitable and backed by macro tailwinds reducing downside risk overall.
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