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MOST Bullish Bitcoin Week Confirms You Don’t Have Enough! | Bitcoin Simply · Simply Bitcoin

• 0:00
  Sailor says that in 21 years, you're going to wish that you
• 0:03
  bought more Bitcoin. I mean, have we ever had a
• 0:05
  president say that an asset is a great thing for our country?
• 0:09
  It's become amazing. I mean, it's the jobs that it
• 0:11
  produces. And I notice more and more
• 0:13
  you're paying Bitcoin. I mean, people are saying it
• 0:16
  takes a lot of pressure off the dollar and it's a great thing
• 0:19
  for our country. We've got financial advisors
• 0:22
  saying that you should have between 10 to 40% of your
• 0:24
  portfolio and Bitcoin in crypto, and doctor Jeff Ross believes
• 0:29
  that we could be heading into a massive bull run in the
• 0:31
  second-half of the year. Liquidity continues to increase.
• 0:34
  Bitcoin has pulled back a little bit because of the Iran scare.
• 0:38
  I think from here on out, from where we are today at about
• 0:41
  1:03, I think we're going to get to 1214150 and, and, and
• 0:45
  probably in that range, maybe even a little bit higher by the
• 0:48
  end of the summer like July, August time frame.
• 0:50
  Not bullish enough for you? Don't worry, we've got more.
• 0:53
  This is Dante Coke with Bitcoin. Simply, let's go.
• 1:03
  Today I'm saying 40%. That's astonishing, right?
• 1:07
  Nobody ever, anywhere has said such a thing as what I'm saying
• 1:09
  now. Why the shift?
• 1:11
  It's because of the massive change in the evolution of
• 1:14
  crypto that we've enjoyed in the past four years.
• 1:17
  Four years ago, we didn't know if governments were going to ban
• 1:20
  Bitcoin. We didn't know if the technology
• 1:22
  would become obsolete. We didn't know if consumers
• 1:24
  might not want to adopt it. We didn't know if there'd be any
• 1:27
  institutional engagement. Today, all those questions are
• 1:30
  resolved in the Trump administration.
• 1:32
  In the new Congress, there is massive support for crypto.
• 1:36
  Every member of the president's cabinet personally owns Bitcoin,
• 1:39
  every major economic appointee of the president, the
• 1:41
  Secretaries of Treasury, Commerce, Department of Labor,
• 1:45
  the heads of the SEC, CFTC, OCC, FDIC, all of them huge
• 1:49
  supporters of crypto. There's no longer a question as
• 1:52
  to whether the government likes this or not and is going to
• 1:54
  support the development. We also now see institutional
• 1:57
  investors engaging in ways never seen before.
• 2:00
  Banks are now permitted for the very first time, along with
• 2:02
  brokerage firms, to trade and custody crypto, which they could
• 2:05
  never do before. Stable coins are now a, Goldman
• 2:09
  calls it the killer app of crypto.
• 2:12
  We now have a huge array going in.
• 2:15
  And in fact, the first legislation out of Congress is
• 2:17
  crypto legislation, the Genius Act.
• 2:19
  So it has radically changed. It is now a mainstream asset.
• 2:22
  And we look at the adoption rate, it's still incredibly low.
• 2:26
  It's only about 5% of the global population that own crypto at
• 2:30
  this stage. As more and more get involved,
• 2:33
  learn about it, discover it and invest in it, we're going to see
• 2:37
  massive asset inflows. And because then certainly in
• 2:40
  the case of Bitcoin, it's a fixed supply asset, the more
• 2:43
  people who buy it, the higher the price is going to rise.
• 2:45
  This clip comes from Rick Edelman, an OG in the advising
• 2:48
  space who's always been known to be sort of on the bleeding edge
• 2:52
  of his recommendations. But think about this.
• 2:54
  He just recommended a 10 to 40% allocation to Bitcoin when last
• 2:58
  year he was saying that 1% was aggressive.
• 3:00
  And that's because he sees all of these different tailwinds.
• 3:03
  He sees it being recommended by the president of the United
• 3:06
  States. He sees that all of his cabinet
• 3:08
  is recommending it in his policies.
• 3:10
  He sees that there's a weakening dollar.
• 3:12
  He's talking about institutional adoption and he talks about
• 3:15
  easing government regulation. An example, Bill Pulte, the head
• 3:18
  of the Housing Authority, saying that Bitcoin should be allowed
• 3:21
  to be used to look at a person's finance in order to qualify for
• 3:24
  a mortgage to make the American dream affordable for everybody.
• 3:28
  Or Rick Adelman could just be reading between the tea leans of
• 3:31
  what Donald Trump just put out saying don't worry about cutting
• 3:34
  spending or our debt problem. We can't fix that.
• 3:36
  Let's grow at all cost. Scott Besson and Donald Trump
• 3:39
  have been very clear about what their plan is and and if the
• 3:42
  four points from this beautiful bill growth plan get
• 3:44
  implemented, well, Sky's the limit this.
• 3:47
  Bill has all of our national priorities in it.
• 3:50
  So we are going to make the 2017 tax cuts permanent.
• 3:56
  So we will never hear them called a tax cut again.
• 4:00
  It is going to be the law of the land and that's going to be the
• 4:03
  baseline. We are for businesses.
• 4:07
  We are going to bring back 100% expensing and we have added that
• 4:13
  for factories and farm structures and I'm a farmer that
• 4:19
  and I didn't put it in the bill though that those for five years
• 4:23
  are going to be 100%. You can depreciate 100% in the
• 4:27
  first year. It it's going to include all the
• 4:32
  president's priorities from the campaign.
• 4:35
  No tax on tips, no tax on overtime, they bringing down the
• 4:39
  tax procedures and Social Security.
• 4:42
  And just like probably Ralph, when you and I bought our first
• 4:44
  cars, you can deduct the interest on an auto loan for an
• 4:49
  American made car. So it's going to include all
• 4:52
  four of those, the president's priorities, and then it's also
• 4:56
  going to include funding for the border.
• 4:59
  Yeah. That Christy gnome, Tom Homan,
• 5:02
  can they finish off the good work they've started?
• 5:06
  It is going to include money. We have an antiquated the FAA
• 5:12
  that's just been patched and overlooked.
• 5:15
  And it is going to include, you know, for all of you who flew
• 5:19
  here today probably was not the the highlight of your year thus
• 5:22
  far. But look, we, we, we, we can
• 5:25
  make air travel even safer and we can have more flights and
• 5:31
  more supply. And so it has some of
• 5:35
  everything. But when you hear all of these
• 5:37
  things, you have to wonder, why hasn't Bitcoin's price exploded
• 5:41
  yet already? And this analyst has some ideas.
• 5:44
  How could conditions get any more bullish than they have been
• 5:46
  the past couple of months with the new administration and
• 5:48
  everything else? OK.
• 5:50
  So on the demand side, you have billions of dollars being raised
• 5:54
  through Bitcoin Treasury products.
• 5:55
  Those have been announced more recently.
• 5:56
  And so Anthony Pompliano's at Pro Cap, David Billy Nakamoto,
• 6:00
  Cantor Fitzgerald, Tether and SoftBank with 21 capital that's
• 6:03
  creating huge demand. The ETF inflows have been
• 6:06
  enormous, I think 4 billion in June alone.
• 6:08
  So where is it all going? Why is Bitcoin not mooning?
• 6:12
  So the supply side are a few different things.
• 6:14
  I think one, there's been a bit of risk replacement.
• 6:17
  So you have some of these major public companies becoming
• 6:19
  proxies for where crypto can go. And so there's people replacing
• 6:23
  Bitcoin spot risk with Circle or Coinbase or Treasury companies.
• 6:28
  But I don't think this provides a good explanation.
• 6:30
  This is too much of A micro explanation.
• 6:32
  Here's a good adage. Always take your investing cues
• 6:35
  from macro and have that inform your micro thesis.
• 6:38
  He's talking about individual things, individual investors
• 6:41
  moving to other types of investments, but he's neglecting
• 6:45
  the large themes that are happening.
• 6:47
  And so I take my thesis and my cues from someone like Doctor
• 6:50
  Jeff Ross, who lays out exactly what it's going to take for
• 6:53
  Bitcoin to go to the moon in this upcoming cycle.
• 6:56
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• 7:38
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• 7:40
  something that you actually own. But you can only do that if you
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  Bitcoin. There's lots of reasons that go
• 8:01
  into why this cycle has been different.
• 8:03
  One, when Donald Trump was elected, we got into a tariff
• 8:06
  war, not to mention the actual war that was ongoing with Russia
• 8:10
  and Ukraine in the war that's happening right now between Iran
• 8:13
  and Israel. You also have to think about the
• 8:15
  debt restructuring. You also have to think about a
• 8:17
  failed attempt at DOGE, but that still doesn't impact the long
• 8:20
  term thesis of what's actually driving Bitcoin in the
• 8:23
  confidence in the markets. There's three things on the
• 8:25
  horizon that we should be looking at.
• 8:27
  Liquidity, a strong economy, and the excess capital from people
• 8:31
  having a strong economy to flow into assets like Bitcoin.
• 8:34
  Doctor Jeff Ross lays out more of this thesis in a recent
• 8:36
  conversation he had with Danny on what Bitcoin did.
• 8:39
  Liquidity continues to increase. Bitcoin has pulled back a little
• 8:42
  bit because of the Iran scare. I think from here on out, from
• 8:46
  where we are today at about one O 3, I think we're going to get
• 8:49
  to 1214150 and, and, and probably in that range maybe
• 8:53
  even a little bit higher by the end of the summer like July,
• 8:56
  August time frame. But last time we're on the show,
• 8:57
  you said 475, so that was by the end of this like bull market.
• 9:01
  What kind of time are you still thinking?
• 9:02
  I think you said sort of quarter Q2Q3 next year.
• 9:05
  So what I was so I'm a patterns guy and until the pattern
• 9:10
  changes I go with what the patterns show.
• 9:12
  So I was assuming we were going to have another typical four
• 9:15
  year cycle based on the stuff I did and based on prior cycles.
• 9:19
  We should see, you know, the four year peak roughly around
• 9:23
  Halloween of 2025 S October of 2025, what I've been targeting.
• 9:28
  And I had a four 75,000 price target for October 2025.
• 9:32
  If we get that exponential RIP higher at the end, that's about
• 9:35
  where I would see it topping out.
• 9:37
  Things have changed since Trump because of the, you know, the
• 9:41
  austerity measures that then failed.
• 9:43
  It's pushed everything and I'll I'll get into this a little bit.
• 9:47
  I think that it's pushing the psych.
• 9:48
  So we we're either going to have a a really fast response where
• 9:51
  we do get that for your cycle and it does crescendo into that
• 9:54
  peak into the fourth quarter. But I think what's getting
• 9:57
  increasingly more likely is it does extend into the first half
• 10:00
  of 2026. Here's the main thing that's
• 10:02
  holding back the price of Bitcoin.
• 10:03
  I hear a lot of people talking about manipulation, which I
• 10:06
  don't actually think is true. Me neither.
• 10:07
  I think of liquidity. I think of the Bitcoin price is
• 10:10
  like a big kettle of soup. OK, sitting on a stove and you
• 10:13
  got 3 burners underneath. The first burner that now almost
• 10:16
  everybody knows about is Global liquidity, Global M2.
• 10:19
  That has been increasing at a pretty like a modest rate.
• 10:23
  It's been solid but not incredible, but it's also not
• 10:26
  decreasing, which is. So that's a good thing.
• 10:28
  The second thing is the economy. So the economy in the US has
• 10:31
  been muddling along. It's been OK, but not great.
• 10:34
  And it's definitely not accelerating like we should be
• 10:36
  seeing right now at this point in the cycle.
• 10:39
  That's why I believe that the Bitcoin price hasn't started to
• 10:43
  take off into that final parabolic move that everybody
• 10:46
  kind of anticipates. We need to have burner #1 global
• 10:49
  liquidity rising while the economy is getting red hot.
• 10:52
  And when the economy starts to really do very well, that means
• 10:55
  that people have jobs, they're getting paid well, they're with
• 10:59
  cash relatively, they have money in their savings account and
• 11:02
  they have money to speculate with or to invest in.
• 11:04
  That's burner #3 is leverage. So, so once you get these two
• 11:08
  burners going and things start heating up, people start gaining
• 11:11
  confidence. You get your animal spirits
• 11:13
  going, burner #3 turns on and people are like, we can't lose.
• 11:16
  I just, you know, I put, you know, 100 bucks into fartcoin
• 11:19
  and now it's up to 1000. I can't lose.
• 11:22
  And so now I'm going to do it with 10X leverage or 50X
• 11:25
  leverage. And they start adding leverage.
• 11:26
  That's what you see. That's the blow off top that
• 11:28
  part. So we're nowhere near that point
• 11:30
  right now. We still need the burner #2 to
• 11:32
  turn on, which is the economy and, and, and coming full circle
• 11:36
  based on the metrics. I look at forward-looking
• 11:38
  indicators. I think that in the second-half
• 11:41
  of 2025, the economy is finally going to wake up and it's going
• 11:44
  to start revving up here in the US and probably around the world
• 11:47
  as well. So I'm bullish from that
• 11:49
  perspective. There's certainly lots of boxes
• 11:51
  being checked right now and if Trump truly implements his
• 11:54
  growth plan, well, the Sky's the limit for assets like Bitcoin
• 11:57
  that not only benefit from the collapse of an existing system
• 12:00
  or a debt problem, but benefit from the growth of a strong
• 12:04
  economy and people investing excess capital into this fixed
• 12:08
  finite supply asset with 21 million coins.
• 12:11
  Like Sailor said in the tweet over the week, you're going to
• 12:13
  look back and wish you'd bought more Bitcoin.
• 12:15
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  This is Dante Cook with Bitcoin. Simply happy stacking.