BLACK SWAN Crypto Event!! [MY GAMEPLAN]

Introduction to the Current Market Situation

The speaker discusses the current market situation, with Bitcoin at $98,700 and Nvidia down 11%. They express concern about the potential impact of a new AI technology called DeepSeek, which could disrupt the market.

What is DeepSeek?

DeepSeek is a new AI technology launched by a Chinese company, which is similar to Chat GPT. The company claims it can be developed at a significantly lower cost ($5.5 million in two months) compared to American counterparts.

Potential Impact on the Market

The speaker believes that this technology could potentially disrupt the market, especially for companies like Nvidia, which has a high valuation due to its dominance in the AI chip market. If DeepSeek is successful, it could lead to a decrease in demand for Nvidia's chips, causing a significant drop in its stock price.

Short-term and Long-term Effects

In the short term, the market may panic, leading to a significant drop in stock prices. However, in the long term, the speaker believes that this technology could be beneficial for the market, making AI more accessible and cheaper to develop.

Crypto Market Analysis

The speaker analyzes the crypto market, discussing the potential impact of the DeepSeek technology on Bitcoin and altcoins. They believe that Bitcoin may experience a short-term drop but will eventually recover and reach new highs.

Bitcoin Price Prediction

The speaker predicts that Bitcoin may drop to $83,000 in the worst-case scenario but will eventually reach $130,000 or higher.

Altcoin Season

The speaker discusses the potential for an altcoin season, where altcoins will experience a significant price increase. They believe that this will happen when Bitcoin breaks its all-time high and altcoins start to follow.

Conclusion

The speaker concludes that the current market situation is volatile, but they remain bullish on the long-term prospects of the crypto market. They advise investors to be cautious and to have a long-term perspective, as the market will eventually recover and reach new highs.