You Will NEVER Guess What Just Happened It Looks Like This Might Happen Sooner Than We Thought

Added: 2026-05-11

[00:00:01]Just based off of time and logic, we could currently be at the point where we begin to witness the actual fireworks, if you will, begin to take off in the cryptocurrency space.

[00:00:15]A lot of the news that we've received in the last few weeks, especially, at least from my vantage point, seem to be indicating that things are about to happen. And I say that because you you cannot you cannot get the same kind of news just about every single day all pointing to the exact same thing without something amazing actually taking place. It just logically would not make sense.

[00:00:48]As we move forward with this glorious idea of the Clarity Act breaking open all the barriers for the cryptocurrency market. As we continue to hear how many companies are buying up large amounts of Bitcoin, as we get more and more news every single day of just how high Bitcoin, Ethereum, and XRP are going to go in price by the end of this year, I present to you, of course, another layer to that gigantic digital onion regarding just how insane and amazing this year is going to be.

[00:01:34]>> [snorts] >> Welcome back to the channel where we talk about stuff. I just hit my leg again. Don't forget to follow me on Twitter. There's a link in the description below the video.

[00:01:51]We heard recently from Cathie Wood and ARK Invest. We heard recently from Fidelity. We heard recently from Tom Lee. I think there was also something from uh PlanB as well, like like the mega Bitcoin guy.

[00:02:08]There was something from I can't remember all these people's names and I and I that's not even half of a joke.

[00:02:14]It's just like a lot of people. And the companies keep releasing information.

[00:02:20]There's like on-chain data companies, if you haven't seen them in the last couple of weeks, who've been like, "Yeah, Bitcoin's primed to go back up."

[00:02:31]The discussion is that apparently prices have bottomed. Why do we keep hearing that? Because apparently prices have bottomed. They apparently won't go any lower, so sayeth the analysts on the internet.

[00:02:48]The idea was that Bitcoin would have at the beginning of 2026 would have slid all the way down and potentially would have gone to 10, 14, 18,000 dollars per coin, and then we would have to wait multiple years for a recovery.

[00:03:08]Apparently, that's not happening as we are no longer in the 4-year cycle, and every single analytical company has been more than happy to share this information with us every single day of the week, as we are now getting projections even further, if you haven't seen the new thing now is 2026 price predictions up to 2030.

[00:03:34]2030 is like the the grand barrier. I don't know what it is. Everyone's talking about 2030 and where prices are going to go. They're, of course, insanely much higher than the even the projections at the end of 2026.

[00:03:48]So, in today's news, Grayscale, one of the largest holders of Bitcoin on the planet, has announced that Bitcoin has signaled that its price has bottomed as buyers return to break-even levels. One of the major things that many people tend to look for is basically if you bought Bitcoin at 50,000 and Bitcoin falls down to 35,000, you typically would not see larger investors sell off their positions in many cases, what have you.

[00:04:26]I know there are variables, got it.

[00:04:28]In many cases, they would kind of wait to it to reclaim that level so that they could actually leave the market or say, "Cool, we broke even."

[00:04:37]If Bitcoin price goes above 50,000, it goes to 51, 52,000, and these people still haven't sold, it usually indicates they have no sentiment to actually sell. They're holding on for a longer period of time cuz they're expecting prices to go a lot higher. This is what it usually signifies. So, if Bitcoin's price has gone down, hit a level, and continues to move up from there, that would mean that this level right here was the price bottom. The price looks like it could continue to go higher, and that's why you've seen the last couple of weeks, everyone's like, "100,000 dollar Bitcoin, 125,000 dollar Bitcoin, etc., etc., etc." It says, "The market shows a cost basis alignment, reinforcing a more stable Bitcoin structure." Grayscale's head of research says, "Further gains in Bitcoin's price would only reconfirm that we are in the early stages of a brand new bull cycle, which would then essentially last 4 years."

[00:05:43]There are people, however, who think that with the 4-year cycle being over you know, well, we're guessing.

[00:05:50]You need to understand what that actually means. It would literally mean that Bitcoin would probably not even dip as far as it normally would. That was the prediction at the beginning of this year, if you weren't here for it. The analysts were predicting Bitcoin's going to dip, but it's not going to be that crazy, and prices will begin to recover, and that's what we've kind of been seeing. The markets used to an 80, 90% drop in price. If the 4-year cycles are over, it would basically mean that Bitcoin is far more stable than it's ever been. If you have a thousand institutions who are all fighting for a piece of the Bitcoin pie, if they sell, they're going to buy. No one wants to let their position go because they know that there are wolves out there waiting to devour anything that they throw onto the market. That's why you also saw around March, we had a lot of news about um like, "Oh my gosh, like Bitcoin's so stable." It isn't it amazing? If you weren't here, it's because Bitcoin's price was quite stable, even if we had like bad global geo-economic news, Bitcoin's price was dipping by 2%, and then we'll kind of go back up. Normally, Bitcoin would fall by like 14%, but that hasn't been occurring, and it's mainly because of institutional weight uh behind it.

[00:07:15]Um yeah, so the firm added, "Bitcoin rallied more than 20% since February.

[00:07:20]These remarks align with market behavior as Bitcoin recovered from earlier weakness and approached the average cost basis of recent participants, reducing unrealized losses and easing potential sell pressure." Norm The idea for those of you who haven't kept up, the idea is that people think that think that from now Bitcoin is uh going to start aiming towards a million dollars per coin. You might have seen What's this guy's name? I almost said uh Zack Snyder. What's this guy's name?

[00:07:52]Oh, I'm not going to get it. Oh, boy.

[00:07:55]Uh the guy who was talking about Bitcoin um omega candles.

[00:08:00]He also was recently in the news and was like, "Yeah, they're about to start happening." For those of you who don't know, those are like 10,000 price movements at a time. The general idea is once Bitcoin's well over 100,000, gets over 200,000, we're no longer then talking about movements of a thousand dollars per day. People will realize, "Oh, snaps, I should have bought before." And the price ends up like going up really high over the course of multiple days and multiple weeks. So, >> [sighs] >> Grayscale's head of research and their data are also reinforcing what we've been told as well in recent weeks.

[00:08:40]Bitcoin's price has bottomed. It looks like the rally is going to continue.

[00:08:45]Prices are expected to go higher. As I said before, June June makes a lot of sense.

[00:08:53]Uh for once again, you know, we're supposed to we're supposed to we're supposed to we're supposed to have a bunch of amazing, cool, awesome things happening in May.

[00:09:03]That means over the course of June, I would expect prices, you know, we would get some kind of basic information. I think many many cryptocurrency investors, me, I was anticipating a slower market. It's the the you know, the year after the year after the halving.

[00:09:23]It's always a slow market. It is a recovery period. Prices go back up, and then shaboom!

[00:09:29]But everyone's expecting that to happen this year. So, if the market kind of stays where it is, if you are an accumulator of crypto, then it's a great time for you to be in the market.

[00:09:43]If prices do 3x, 4x, 5x, 7x, or 10x in Ethereum's case, then we're all going to have a great Christmas.

[00:09:57]Either way, the market will do just fine.

[00:10:00]It's literally are we waiting 6 months for prices to go crazy or are we waiting a year and a half?

[00:10:09]You get to accumulate a lot more crypto that you wanted or you get rich quicker.

[00:10:14]That's kind of the way that I'm thinking about the market now. It's lovely to once again to see everyone talking about these gargantuan prices that we're going to experience in a very short period of time.

[00:10:25]I kind of told myself, I don't know if I mentioned this before, I must have another video.

[00:10:30]I kind of told myself like I'm just expecting what's happened before. I'm expecting a slow movement in the market.

[00:10:38]Maybe another little dip down in price for a couple of months, another re-accumulation period.

[00:10:44]If if cryptocurrencies are going to do a 5 10 15 20 X in price from now to 2030, I don't mind slowly accumulating some more. That that wouldn't that wouldn't be bad.

[00:11:04]If we are seeing that the prices have bottomed and Bitcoin does a 3X, Ethereum does a 10X, XRP does a 9X in price, also okay with that as well. But the news is Grayscale has has joined the discussion.

[00:11:23]It's It's You know this is weird, right?

[00:11:28]Like you know that this is inherently weird that every single cryptocurrency company is saying the exact same thing.

[00:11:36]We haven't had one deviation for those of you who who The only person who said anything negative has been um >> [snorts] >> I think it's Peter Schiff, the gold guy.

[00:11:46]And I say that because there's like nine Peters. If you haven't realized, there's like a lot of guys named Peter in the cryptocurrency space. So I was like, is that is that the right Peter? I think it's Peter Schiff. He's the only He's not even in crypto, but people still talk about him cuz I think they think that negative news sells about crypto.

[00:12:01]Blah blah blah.

[00:12:02]The other like negative thing that we heard was um Oh gosh, what's this guy's name?

[00:12:10]Pa pa pa pa pa pa pa da. Tim Sham Sham night Shamal. What's this guy's name?

[00:12:18]Arthur Hayes. Is that it? Is it I think that I think that's it. He said something like he was expecting Bitcoin to go to like 100 190 as a as opposed to $250,000.

[00:12:32]That was like as negative as as it's actually been.

[00:12:36]So, as we continue on this seemingly never-ending train of cryptocurrency price predictions and talks about crypto markets bottoming and prices going a lot higher, as it's been before in the past many other years, we'll find out. I said that in 2021. I was like, "Listen, there's a lot going on in the world right now.

[00:13:00]If the market doesn't go up, it makes sense." And then the prices ended up going up and people made money and you know, not as much money as we thought, but you understand like let's see where the market takes us.

[00:13:12]Yeah, that's Grayscale now entering This is everyday, dude. This is >> [laughter] >> so weird.

[00:13:17]Every single company's chart is saying the exact same thing.

[00:13:22]>> [groaning] >> I do hope that you've all enjoyed.

[00:13:28]Hope that you're all doing well. Hope you're all remembering to invest.

[00:13:33]Don't forget it. You're early in the market. Don't forget to invest in general. You don't want to be broke when you're older. Didn't mean to say it that way, but you understand what I mean. You want to make sure you have money and you have assets.

[00:13:45]Thank you all once again for watching, listening, liking, commenting, and supporting.

[00:13:50]And I will most certainly be talking to you all soon.

[00:13:57]See you.