Today, Ivan dives into Bitcoin’s incredible rally, hitting $93K after breaking through $70K. Momentum is strong, and Bitcoin’s path to $100K could be quick, especially with potential catalysts from Washington. Dennis Porter, a key advocate, hints at an upcoming U.S. Bitcoin reserve announcement, which could add major momentum.
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Tether’s billion-dollar daily injections into the market further fuel bullish energy, with Ivan emphasizing that now is not the time to overthink - clear signals point to a strong bull market.
Ivan also highlights widespread misinformation that has kept many out of crypto, creating missed opportunities as Bitcoin adoption grows. With only 0.5% of the world’s population currently holding Bitcoin, he believes we’re still early in a historic wealth transfer phase, making this an ideal time for new investors.
In the altcoin space, Dogecoin has surged over 100% this week, partly driven by Elon Musk’s role in the new “Department of Government Efficiency,” where Dogecoin serves as a promotional symbol. Solana is also making strides, recently overtaking Ethereum in revenue - a significant milestone that underscores its growing ecosystem presence.
Ivan concludes by reinforcing Bitcoin’s strong parabolic potential, cautioning against selling too early in what he sees as a potentially transformative bull cycle ahead.