The Milk Road Show Bitcoin $200k Target Explained, Solana ETF Day 1 & July Crypto Outlook w/ Kelly Kellam
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Jul 3, 2025 Join Kelly Kellam, Director of BitLab Academy, as he dives into the bullish future of Bitcoin, aiming for a $200,000 target. They discuss how institutional investments and ETF trends are shaping the market. Solana's new ETF launch promises staking rewards, adding excitement across altcoins. With macroeconomic factors in play, July is set to be a pivotal month in crypto. Kellam emphasizes the transformative potential of digital assets while keeping a cautious approach to investments. It's a whirlwind update on the fast-moving crypto landscape!
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Bitcoin's New Phase Starting Now
- Bitcoin has entered a new phase where its $109,000 price is considered the starting point, signaling lower risk than before.
- This shift is driven by US government support, transforming Bitcoin into an asymmetric bet of a millennium.
Macro Tailwinds for Bitcoin
- Macroeconomic conditions are aligning with more money printing and deficits, setting a perfect stage for Bitcoin and risk assets to rise.
- Bitcoin plays a dual role as a safe haven and a risk-on asset, benefiting from money printing to boost prices.
Bitcoin Cycle Misunderstood
- The Bitcoin four-year price cycle is misunderstood due to its prior risk asset nature but has shifted with corporate stacking and institutional support.
- 40% dips feel catastrophic, but historically they represent opportunity zones during this new accumulation phase.