The Bitcoin Bulls Are Back | New Highs Incoming

CryptosRUs

Introduction to CryptoZaras

The host, George, welcomes viewers back to CryptoZaras, expressing excitement for the last day of the week, which is looking bullish for Bitcoin.

Bitcoin Price Movement

  • Current Price: Around $1026, nearing the previous high of $108.
  • Prediction: George predicts Bitcoin will shatter its previous high before the inauguration on the 20th.
  • Reasoning: Institutions are buying Bitcoin, and rumors suggest Trump may put an executive order in place to make crypto great again, including placing Bitcoin into a strategic reserve.
  • Historical Context: This would be a first for the U.S. government, similar to how gold is treated, and could lead to other countries following suit.

Market and Crypto Updates

  • Altcoins: Many altcoins are following Bitcoin's lead, showing positive movements.
  • Micro Strategy and Coinbase: Starting the day with significant gains, up 5%.
  • Rumors and Expectations: Trump meeting with crypto project heads suggests a pro-crypto stance, potentially leading to deregulation and increased investment.
  • Regulatory Changes: The incoming pro-crypto chair, Paul Atkins, could lead to positive changes for the crypto market.

XRP and Other Cryptos

  • XRP: Celebrating a breakout and potentially heading towards new highs, with predictions as high as $15.
  • Other Cryptos: Solana, Avalanche, and Link are mentioned as having potential or already showing significant gains.

Q&A and viewer interactions

  • Investment Advice: George advises against selling Soul for Tesla, suggesting Soul has more potential for growth.
  • Cyber Truck Discussions: George shares his experience and thoughts on the Cyber Truck, considering modifications.
  • Crypto Predictions: Discussions on potential price movements for various cryptocurrencies, including Cardano and Ripple.

Conclusion

  • Market Outlook: The FOMO (Fear of Missing Out) train is expected to continue, potentially pushing Bitcoin to new highs, including the possibility of reaching $105 or $110.
  • Upcoming Events: The inauguration and potential regulatory changes are highlighted as significant events that could impact the crypto market.
  • Final Thoughts: George ends the stream by thanking viewers, encouraging them to stay strong, and hints at potentially streaming again if Bitcoin breaks new highs.