CRYPTO ALERT: THIS IS SERIOUS

MoneyZG

Market Update

The Bitcoin price has been trading at around $99,000, which may seem stable, but the market is actually uncertain and volatile due to geopolitical tensions.

Current Market Structure

Despite the volatility, the market structure has held, with Bitcoin selling off and then bouncing back to the $100K level. The RSI is currently looking weak due to the tariff news.

Outlook

The speaker remains bullish on Bitcoin, believing that it will go higher in the long term. They argue that there is nothing else to own other than Bitcoin, as it is the best asset to preserve purchasing power over time.

Currency Debasement

The speaker believes that currencies around the world will be debased, which will push up asset prices. They point to inflation rates and GDP growth as evidence that countries need to debase their currencies.

Bitcoin's Value

The speaker argues that Bitcoin is buying more goods and services over time, such as gold, NASDAQ stocks, and oil. They believe that Bitcoin is the most desirable asset and that its volatility is a great opportunity to buy.

Investment Strategy

The speaker recommends consistently buying Bitcoin over time, as it has made around 40% per year. They also suggest that investors should be prepared for volatility and not get scared out of their assets.

Conclusion

The speaker believes that Bitcoin is the world's best asset and that investors should get exposure to it. They argue that even countries that issue fiat currency know it's rubbish and are putting it into assets like Bitcoin.