The price of Bitcoin tends to follow cyclical patterns - in this video we bring Bob Loukas back onto the show to discuss his outlook on the current market conditions. Is Bitcoin on track to put in new highs this market cycle? Where will the price of Bitcoin be headed over the next 6-12 months? In this video, Bob gives us his outlook on the market, as well as a more theoretical discussion on what to expect in the coming decades. TA Video by Benjamin Cowen.
0:00 - INTRO
1:05 - Bitcoin, What’s Up?
3:19 - Reaccumulating Social Metrics
6:00 - Intertwined Cycles: Part 1
10:15 - Bull Trap Concern
12:40 - Downtrend Reversal Confirmation
13:37 - Tops and Bottoms
14:53 - Shakeout
16:44 - HODL
19:50 - Peak Possibilities
21:55 - Bitcoin vs. Gold
22:43 - Bitcoin vs. Ethereum
23:57 - Intertwined Cycles: Part 2
25:21 - When Peak?
27:25 - Journey to a Million Dollar Bitcoin
30:55 - Fair Market Value
31:34 - Market Cap, Supply and Demand
34:50 - The Law of Diminishing Returns
37:20 - Leaps, Bounds and Open Doors
39:21 - A Wick Below
41:25 - Final Thoughts
