By coinnews 
00:00 Speaker A
I wonder in your assessment for Bitcoin, what are some of your targets that you’re tracking and and what will drive those moves?
00:12 Speaker B
Yeah, I think you’re absolutely right that a hundred is a big psychological barrier. Uh you saw when we burst through it uh earlier or late last year, uh then it ran all the way to all time highs of 108. Um I I just was recalling when I flew home from seeing you last month, we were posting our worst quarter in a few years. Uh and there was a lot of buying opportunities in those dips getting down sometimes into the 75-76 range. Uh and so that had some impacts on on buyer sentiment as well. Uh for me, I’m watching three to six months out. Where are we going to end the year is a good question. I’m getting that a lot. Uh from I have clients that are very ambitious and have extremely high numbers uh and goals. To you get to like Tom Lee has is called from Funstrat is called for about 250,000 uh Bitcoin at the end of this year. I think that with the monetary supply, uh the global M2 supply correlation, uh it’s not too crazy to see it somewhere between 150 to 180,000 uh as we close out this year uh in 2025 for the Bitcoin price.
02:02 Speaker A
What would be the core driver to get us there though?
02:08 Speaker B
Uh obviously, uh monetary supply, a liquid liquidity market where we’re pumping more fiat currency into the marketplace always helps uh these types of assets, risk bearing assets. Uh then secondarily, you have the impact of having uh it’s usually within 450 to 500 days where you start to really see that effect the effect of what happened last April. Uh and then you add in this institutional play. And for me, it’s the the delta, the that tale of two cities between traditional markets and and crypto markets. When folks are looking for, I wouldn’t call it hedges, but more diversification in this uh environment, uh Bitcoin is starting to show a little bit more of that shine and luster than it has over the last few months.
03:26 Speaker A
And so with that in mind, for investors out there that are trying to figure out if they’ve already missed the key opportunity to buy into Bitcoin, is is this still presenting opportunity? Are there more perhaps choppy signals on the other side of that ahead?
04:02 Speaker B
Well, volatility is part and parcel for Bitcoin overall. I’ve been about a decade into this. I had no gray hair when I started it, and that’s the volatility coming out. Uh but uh I think that the key to the question is, is it too late or too early? And the answer is, it’s never too late or too early to get into the cryptocurrency space. Uh one of my favorite memes I always see is the line of people that will buy Bitcoin at 110,000 is is a mile long, and the line for when it’s at 76 is short, and you hear, oh, I’m glad I didn’t buy it when it was down and oh, I missed out when it was up. And one of the things that any advisor will tell you in any traditional or a crypto asset is dollar cost average. It takes the emotion out of it. And when they when you’re living in a volatile market space, whether it’s in traditional equities or in cryptocurrency, dollar cost averaging really makes it very simple for you to have an investment strategy that you don’t go all in or freak out uh as you start entering into this space.