1. Bitcoin Still Bullish – But Watch October
Ivan believes Bitcoin is heading toward $150K, possibly by October. The market remains bullish overall, but he warns that October could be a key turning point.
2. The M2 Money Supply Warning
Bitcoin’s price has been closely tracking the global M2 money supply (basically, how much money exists worldwide).
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If M2 keeps dropping in October, the bull cycle may peak or slow down.
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If Bitcoin hits $150K fast and M2 stays weak, Ivan says that could signal the top of the cycle.
3. Two Scenarios to Watch
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Scenario 1: Bitcoin hits $150K and then cools off for months (not a crash, but a slow bleed).
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Scenario 2: Bitcoin breaks above $150K, creating a massive blow-off top – followed by a sharper correction.
4. Market Still Healthy
Right now, sentiment is neutral, not greedy. Ivan thinks the pullback to $115K was healthy, resetting emotions and preparing for the next move up.
5. October = Historically Bullish
October has been a strong month for Bitcoin historically. Ivan expects a rally, but warns to stay cautious after mid-month if M2 doesn’t rebound.