CRYPTO ALERT: IT'S ALL HERE NOW!!
MoneyZG
Market Update for 2025
The speaker provides a market update, focusing on the next 6-12 months. They believe that with a few positive news and good inflation figures, the market will go higher.
Key Points
- The Bitcoin chart shows a resistance level that has been tested and rejected multiple times, but is now turning into support.
- The Ethereum chart looks positive, with higher highs and higher lows.
- The speaker remains bullish, citing good metrics and the potential for a credit cycle impulse.
- The US strategic Bitcoin reserve is still uncertain, but the speaker believes it will be positive for the industry.
- Institutional investment is moving into the crypto space, with BlackRock planning to tokenize assets on Ethereum.
Economic Outlook
- The speaker believes that the US will try to grow its GDP through private investment, rather than cutting spending.
- This will lead to an expansionary credit cycle, which is positive for risk assets.
- The euro area needs a massive credit impulse to stimulate its economy.
Conclusion
- The speaker remains positive for the rest of the year, despite potential volatility.
- They believe that the credit cycle has not peaked yet, and that Bitcoin and high-yield credit will continue to move together.
- The speaker recommends taking advantage of a deposit bonus on ByBit and using their decentralized exchange, Apex.