Ivan starts by noting that although Bitcoin is steady at $63k, altcoins are showing major movement, particularly small caps, some of which are up by 100%.
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He explains that this signals the start of an altcoin season, driven by boredom with Bitcoin’s sideways trend. As usual, capital flows first to Bitcoin, then to high-cap altcoins, and finally to smaller caps, which are now gaining the most.
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He stresses the importance of spotting early opportunities in these small-cap altcoins. However, Ivan cautions viewers about the risks, emphasizing the need to focus on secure projects to avoid scams.
Ivan then shifts to surprising news from Bhutan, which has quietly amassed nearly $1 billion in Bitcoin or about 30% of its GDP. This makes Bhutan a major Bitcoin holder, even surpassing El Salvador. He predicts that other countries will soon follow, causing Bitcoin’s value to skyrocket as more governments add it to their treasuries.
Looking ahead, Ivan believes Bitcoin could hit $90k in the next few weeks, driven by a shift in market momentum. He also sees Bitcoin dominance nearing a peak, after which altcoins will likely take over, potentially leading to the largest altcoin bull run of this cycle.
Ivan is confident that while the market seems quiet now, it’s on the verge of significant growth, especially for altcoins and NFTs, as the next bull market approaches.
