Kathy Wood says Bitcoin is going to hit A million dollars in this decade sounds Unbelievable right well today we're Going to show you a scenario that could Lead to the Bitcoin super cycle Everybody's been hoping and dreaming for Could lead to bitcoin hitting a million Bucks let's get it Hey guys welcome to bitboy crypto my Name is Ben today we're going to be Discussing the Bitcoin super cycle Everybody's been wanting and hoping and Dreaming for for the last 10 years will This be the cycle that will see it or Will we continue to see diminished Returns we're going to lay out a very Interesting scenario for you here now It's weird right everybody's been Talking about bear market and certainly It's been a bear Market they've been Talking about recession they've been Talking about Bitcoin to zero stock Markets are gonna plunge but yeah Bitcoin's been going up the stock market Has been kind of sideways and going down But recently it started to break out so Now we've even got market watch talking About are we in a new bull market for Stocks now if you watch my channel you Know I don't believe in correlation Between Bitcoin and the stock market Bitcoin for instance in this bear Market Has done what it's always done Regardless of what the stock market has
Been doing however The stock market is supercharging fuel For Bitcoin bull runs it helps it Supercharges it so if we're at the very Beginning of a new Bull Run in stocks Think about what that can mean for Bitcoin so let's go ahead here now and Check out what this guy Noah Blackenstein has to say about the Markets How are you feeling about things overall At this point you know I've been doing This for a long time Becky it's Typically near the end whether it was in 2002 or even in uh 2009 uh the start of A new bull market usually starts off With a significant rally uh and stuff That was beating up the most and that's Probably what we're seeing now this has Been really a a bear market led by Um inflation certainly but more recently Uh by uh fed policy uh and aggressive Rate hikes and so you know we're coming To the end of that we'll see the Damage Done to the economy I think the jobs Report should we be at some concern Anyway in the first half of this year That there's a recession coming now very Interesting here as he says at the end But there still could be a recession Coming well let's check out what the FED Is doing to stop that but first if you Want this cool Valentine's Day Bitcoin Shirt make sure to head on over to
Hitmerch.com I can't promise you it will Look as great on you as it looks on me But it looks pretty good and also guys You've seen Bitcoin going up it might be Time to get a girlfriend you might win Her over with one of our Bitcoin Valentine's Day charge look at this one Be mine see it's like mining like Bitcoin don't tell her that she'll think You're a nerd and also big shout out to D10 whiteboards they're the ones who Hooked us up with these great beautiful White boards so you guys can check out That link Down Below in the description As well I know you guys love these Videos check this out this is from February 4th now this whole idea of this Is the Fed threading the needle the fomc Voted unanimously to raise rates by 0.25 On Wednesday the lowest raise that we've Seen over the last year this hike Shouldn't have surprised anyone as the Market had reached an overwhelming Consensus that the FED would raise by This magnitude why are people thinking That well Jerome Powell said it that Might be why generally he is gone with Whatever he has said according to Caleb Here he says Powell's comments were Neither hawkish or nor dovish however We're unequivocally in the tail end of a Hiking cycle this doesn't seem to be the Popular narrative I told you I believe They would stop raising back in December
They have continued on with the raise But in December things dramatically Changed we did nail that one while there Is still more progress yet to be desired Paul and the federal likely pleased with The ongoing Direction and pace of Inflation Dynamics markets are growing Increasingly confident about the future Path of monetary policy even if that Simply means the FED is getting close to Keeping the federal funds rate stable AKA The Notorious pause now we have Janet Phelan Yellen saying you don't Have a recession when U.S employment is At a 53-year low now certainly they've Changed the definition of recession they Do it as they please to make their Numbers look better Joe Biden has done It as well but the fact is unemployment Isn't a 53-year low this is an outlier What does this mean this means that we Have achieved the soft Landing we've Already landed in my opinion we're not Trying to achieve it as they're saying Now does this mean we've seen the worst For maybe the housing market or earnings Reports or layoffs no it doesn't mean That this would actually kind of Indicate we will see more layoffs but it Doesn't mean it's going to translate Into recession we're going to talk about Why that is here in a few moments U.S Treasury secretary Janet Yellen on Monday said she saw a path for avoiding
A U.S recession with inflation coming Down significantly the economy remaining Strong given the strength of the U.S Labor market job growth accelerated Sharply in January with non-farm Payrolls at 517 thousand percent Unemployment driven to a 53 and a half Year low 3.4 percent now keep in mind Over that 53 years they've changed the Definition of unemployment there's all Kinds of things that doesn't include Strength and hiring which occurred Despite layoffs in the tech sector Reduce Market expectations that the U.S Federal reserve was close to pausing its Monetary policy tightening cycle all Right so here we go on the kryptonist And and this talks about Circle Continues to increase its reserves for Usdc I want to lay this out to you and Then I want to give you some support for What I believe we could see happening Now you guys know me I'm a traditional Four-year cycle fundamentalist so that Means that in general until we break the Current pattern of these Cycles we Probably won't see anything different But here's a scenario where we could of Course imagine this now that we're going To basically start slowing down the Hikes we're going to be pausing it at Some point my prediction is we turn on The money printer back by the end of This year 2024 we start reversing the
Rates what have we done We haven't felt Max Payne guys we've not Felt Max Payne in the overall Market That's why people are saying maybe we Won't get a recession we've been in pain We haven't been in Max Payne and we get A true reversal you have to have Max Payne for Bitcoin some people could Argue we did see Max Payne because the Price went down to fifteen thousand Dollars the number nobody last year Thought it would get to we told you in January it could get all the way below 20 people said we were crazy The fact is is that people lost funds Completely on these insolvent exchanges You will get a portion back at some Point that feels like Max Payne to me The crypto contagion feels like Max Payne of course if the Bitcoin price he Got up to 100K without FTX shorting it Then there's a strong chance 15K would Have been the floor anyways it up 85 Drop that we normally see So imagine this this cycle has been Totally normal while we've hit almost All the numbers we thought we would hit And now we're heading back towards a Bull market now it doesn't mean Bitcoin Will be at all time highs or even at Forty thousand dollars by the end of This year we're certainly going to see Some more dips including by the way uh We most likely are going to see a dip
Here this is the 2020 bull market okay Now what happened in this bull market is We got this scam Wick down here as you Guys can see from the pandemic but the More important thing to notice here is That the high in this market leading up To the having which occurred over here In May was 10 500 so what does that mean That means for us to go into a Bitcoin Super cycle scenario we need to see Bitcoin above about 52 percent of its Previous all-time high significantly This means we need to be looking at Bitcoin being around fifty thousand Dollars some sometime in the three Months before the having but we also Have this chart here this here is what We know is the CME chart now this can Tell you pretty much and predict where Bitcoin is going to go these gaps here Well they fill 96 percent of the time The Gap to watch here for a dip is here In between you can see the the low of This candle here was 20 460 the top of This Wick here was 1995. so somewhere between 1995 20 460 Dollars we're gonna get Bitcoin moved Down below this 19 995 dollars so you Should certainly be expecting a dip like I was talking about earlier doesn't mean We're off to the races but we've got to See Bitcoin get above those previous Numbers that's how we know we could be Heading towards a super cycle now it
Doesn't a hundred percent Define it Because of course in the last cycle we Are way ahead of the pace where Bitcoin Should have been and that sold up over The market but we have FTX had a lot to Do with shortening the market at the top This time and preventing it from going To a hundred thousand but we may make Those gains up on the next cycle now Bitcoin has always worked off of what we Call diminished returns which means Every cycle we've seen the Returns on Bitcoin to all-time highs from previous All-time highs get smaller and smaller And smaller will we see that reversal Now I want to lay out to you the million Dollar question I don't believe we'll See a million dollars no matter what in The next Bitcoin cycle even if it's a Super cycle we could see five to six Hundred thousand dollars potentially I'm Not telling you we're going to get there My guess for what we're going to see is Probably 120 000 that would be 105 to 120 000 for Bitcoin not a bad gain but That would be in line with the Diminished returns that would probably Be the bottom side of what we can expect But this here Circle Circle continues to increase reserves For usdc I believe that usdc will be the Cbdc for United States of America now Imagine three years from now we're Heading back towards the Bitcoin bear
Market the price peaked it's starting to Come down if it Peaks higher the pain is Going to be immense Along with Bitcoin what we'll see is the Stock market not be able to continue With the same clip either because we Didn't experience Max Payne we might get Three years of upside here followed by a Redo of what we just saw on the markets Then right when it's at its lowest point And Bitcoin is back in the bear Market Here we have Circle coming to rescue it Circle creating a cbdc which a lot of People will think at the time it will be Bearish as usdc becomes the digital Dollar what people fail to realize is This is going to increase the demand for The U.S dollar the US digital dollar Across the world where now usdc will be Able to be traded on stock exchanges Crypto exchanges any Fiat on and off Ramps you're no longer having to put in Physical money you're no longer having To use your debit card but your wallet That contains the cbdc the wallet that Contains usdc this will be the way that People around the world are now able to Buy into the dollar and start spending Money in the digital economy like never Before in a uniform way across the world And that bullishness well that could Lead us right into the next Bitcoin Cycle where we could see Bitcoin Potentially by 2030 hit a million bucks
Drop your comments down below let me Know what you think you think this can Happen do you think we're heading Towards a super cycle I've given you the Numbers and the mile markers to look at I want to know what you think has all Got be blessed good boy out Thank you
