Sorry, But The Crypto Bull Market Is Not Over

Summary

The video discusses the current state and future of the cryptocurrency market, emphasizing that despite recent downturns, the best days are ahead. The presenter argues that the market is in a mid-cycle phase and points to factors like M2 money supply, Bitcoin dominance, and upcoming events such as the Bitcoin strategic reserve bill and potential ETF launches as indicators of continued growth. With macroeconomic trends favoring risk assets, the presenter suggests that 2025 could see significant bullish momentum, while advising caution and consistent profit-taking to succeed in the volatile crypto landscape.

Takeaways

• 😀 The best days of the cryptocurrency market are still ahead, with 2025 likely being an exciting year for crypto.
• 😀 Despite recent downturns, the market cycle is far from over, and the next phase could be very profitable for investors.
• 😀 The current market cycle has parallels to previous cycles, suggesting there’s still significant room for growth.
• 😀 The M2 money supply, which is expected to rise through 2025, is a key factor supporting the growth of risk assets like cryptocurrencies.
• 😀 Bitcoin dominance is still high, which indicates that altcoins have not yet reached their peak in this cycle.
• 😀 Bitcoin’s four-year cycle suggests that the next peak could occur around October 2025, although other indicators show a potential local top in 2025.
• 😀 Despite recent volatility, the crypto market is following predictable cycles, and the best opportunities are yet to come.
• 😀 The market is still in its 'early stage' with major institutional players and global media attention focusing on Bitcoin, making it a promising time ahead.
• 😀 Global factors like China's potential shift on cryptocurrency, and other nations’ evolving policies, could further fuel crypto market growth.
• 😀 Consistently taking profits, especially from altcoins, is crucial for long-term success in the crypto market, as the bear market will inevitably arrive.

Q & A

Why does the speaker believe the top for Bitcoin and altcoins has not been reached yet?

The speaker argues that unless a major global economic event occurs, the cryptocurrency market is likely moving toward an exciting 2025. They emphasize that although the market may seem to be in a downturn, key indicators suggest that the best days of the cycle are still ahead.

What is the significance of Bitcoin dominance in this cycle?

The speaker points out that Bitcoin dominance is currently high, which typically indicates that the market hasn't yet reached its peak. Historically, Bitcoin dominance tends to fall toward the end of a cycle as more people move into altcoins, signaling the top of the market.

How does the speaker view the 2021 cycle?

The speaker disagrees with the notion that the 2021 cycle was 'easy.' They highlight the challenges of the cycle, including the COVID crash, massive sell-offs, and the volatility in both Bitcoin and altcoins, which made the market difficult despite the opportunities.

What role does the M2 money supply play in the cryptocurrency market?

The M2 money supply is considered a key indicator for the strength of market cycles. The speaker mentions that the M2 money supply could continue to rise through 2025, which is generally good for risk assets like cryptocurrency.

How does the M2 money supply relate to the market cycle?

The speaker suggests that if the M2 money supply continues to rise through 2025, it could help propel the cryptocurrency market until at least Q2 2026. The rise in money supply usually boosts risk assets, including crypto.

What does the speaker say about the upcoming Bitcoin Strategic Reserve bill?

The speaker speculates that the Bitcoin Strategic Reserve bill, potentially being voted on around September to November 2025, could mark the top of the market, similar to major events like the Coinbase IPO or Bitcoin’s adoption in El Salvador.

How does the speaker view the potential for China unbanning crypto?

The speaker suggests that China may reverse its stance on crypto, especially in response to other nations like Russia and the United States embracing cryptocurrencies. If China unbans crypto, it could significantly impact the market.

What does the speaker think about the influence of Donald Trump on the cryptocurrency market?

The speaker believes that Trump's policies and rhetoric around cryptocurrency could create both positive and negative market movements. His stance, including efforts to make America the crypto capital, is seen as likely to influence the market significantly.

What is the Pi Cycle Top Indicator, and how does it relate to the 2025 market cycle?

The Pi Cycle Top Indicator suggests that the top of the market will likely occur in late 2025, which is consistent with other indicators the speaker mentions, such as the Bitcoin Strategic Reserve bill vote and the halving cycle.

What is the speaker’s advice regarding taking profits in the cryptocurrency market?

The speaker advises traders to take profits consistently during market pumps to avoid losing gains when the bear market arrives. They emphasize the importance of selling altcoins and not holding onto them through a market downturn.