Ivan discusses Bitcoin's current market situation and potential future price movements. He notes that Bitcoin is consolidating between $60,000 and $70,000, with a target of around $90,000 to $100,000 for the next upward impulse. Ivan emphasizes that this is the longest consolidation Bitcoin has ever experienced at a prior all-time high, lasting about five months.


Key Highlights:
  • According to Ivan, the longer the consolidation, the stronger the potential upward movement. He compares the current situation to previous cycles, suggesting that the biggest gains typically come several months after the halving event. Ivan believes that the cycle hasn't truly started yet, and the significant gains are still to come.

  • Ivan references predictions from various sources, including the van Eck model, which projects Bitcoin prices ranging from $130,000 in a bear case scenario to $52 million in a bull case scenario. He emphasizes that these projections are based on different assumptions about Bitcoin's adoption in international trade and global GDP.

  • Regarding the current market cycle, Ivan suggests that 2025 could be a critical year, potentially marking the peak of the cycle. He advises caution during this period, as the last few weeks of each cycle often see the most significant price increases.

  • Ivan also discusses the growing adoption of Bitcoin by corporations and governments, citing examples like MicroStrategy and Jersey City's pension fund allocation. He believes this trend will continue as more entities recognize Bitcoin's potential as a reserve asset.


Overall, Ivan maintains a highly bullish outlook on Bitcoin, suggesting that the current prices and even the $100,000 target are relatively modest compared to the long-term potential he sees for the cryptocurrency.