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Crypto

BITCOIN, BE PREPARED FOR THE NEXT SURPRISE !!!

11/28/24
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English

The Federal Reserve's plan to increase the US money supply by 18% to $27 trillion by 2025 is expected to drive Bitcoin's price to $132,000 or potentially higher, as investors seek stores of value like Bitcoin. The speaker also predicts that Bitcoin could reach $160,000, potentially even $300,000, by the end of 2025, if certain indicators remain strong, and advises viewers to focus on the long-term outlook for Bitcoin.

Bitcoin Price Prediction

00:00:32 The speaker predicts that Bitcoin's price will reach $132,000 by 2025 due to increased money printing by the Federal Reserve and other central banks globally. This will likely lead to higher inflation and a greater demand for Bitcoin as a store of value, potentially pushing the price even higher than $132,000.

DD Bam Token

00:04:17 DD Bam, a token with a utility and educational course program on Bitcoin, blockchain, and crypto, achieved an all-time high of 60 cents in a week. It has a market cap of $11.4 million, and the speaker believes it is gaining popularity because of its utility and the community it provides, suggesting that it's more than just a meme coin.

Bitcoin Charts Analysis

00:05:47 Various Bitcoin charts are discussed, including 4-hour and weekly charts, showing potential bullish trends. The speaker analyses the charts to identify potential support and resistance levels, suggesting that a 100K before Christmas is possible, with a strong possibility of a continued bullish trend throughout 2025.

P Cycle and RSI Analysis

00:09:37 The speaker utilizes charts based on the P Cycle and RSI, forecasting that the bull market top for Bitcoin will occur in late 2025, possibly around $250,000, but potentially even $300,000. The speaker explains that this prediction is based on historical patterns and indicator analyses and cautions that it is simply a projection of the future.

Bitcoin Bull Market Top

00:11:19 The speaker analyzes a chart that combines Plan B's work with the Relative Strength Index (RSI) to predict Bitcoin's future bull market top. He notes that the prior bull market in 2021 did not reach the expected RSI level due to various factors. If the RSI remains strong and reaches a certain level, a 3x price increase from current levels could be possible, potentially resulting in a Bitcoin price of $300,000 by 2025.