Bitcoin to $250K by Year End?

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2:52and you know i'm still bullish on bitcoin in the fourth quarter seasonally bitcoin strong but now we have the fed flipping dovish after being essentially hawkish all year that's a tailwind for bitcoin so i think bitcoin gets to 200 to 250 000 by the end of the year and that aligns with mark newton's technical targets okay tom lee um shout out to tom lee if you're not familiar who tom lee is bitcoin bull somebody that's been um he's always bullish on bitcoin um but a very intelligent person he he says that he sees bitcoin get into 250 000 by year in so there's only two months time in the year um bitcoin is currently at 110 000 so that would be over a hundred percent increase in 75 days he also said an unrelated well and later on in that conversation that um he sees ethereum not now but now it's getting to 60 000 um wow but he's always been a bull like i said tom lee's always been he's he's been a bitcoin bull for years so 250 000 in the next 75 days is that something that

4:16troy you you know what yeah i'll say this that is very lofty um so i'll use the historical data right based on bitcoin's having cycles the the the first year after a habit cycle is usually the best year, right? So 2012, first having cycle, 2013 being the next year, Bitcoin was up 7 ,000%. Right? 7 - Run a business and not thinking about podcasting? Think again. More Americans listen to podcasts than ad-supported streaming music from Spotify and Pandora. And as the number one podcaster, iHeart's twice as large as the next two combined. So whatever your customers listen to, they'll hear your message.

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6:18New year, new goals, and in this economy, a better money plan is more necessary than ever. I am Matt. And I'm Joel. We are from the How to Money podcast. And every week we help you to spend smarter, save more, and make sense of what's going on out there. If you want 2026 to be the year you finally feel in control of your money, we're here to give you the tools and advice to help you make it happen. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This season on Dear Chelsea with me, Chelsea Handler, we've got some incredible guests like Kumail Nanjiani.

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7:29Are you a boy or a girl? Oh my God. All the time. That's so funny. I know. So I'm always like, hi. I try to butch it up for kids, you know, so they're not confused. Yeah, but you're butching it up. It's basically like Doris Day. No, I turn into Bea Arthur. Listen to these episodes of Dear Chelsea on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Thousand percent. 2016, so this is every four years, right? So we went from 2012 to 2016. In 2017, Bitcoin was up 291%. 2020, right? That's the next cycle. 2021, the year after, Bitcoin was up 541%, right? So these are huge jumps.

8:112024, we had halving last April. So this year, we are now up 44 % this year. Now, if we pay the law of averages, if we get up to maybe 90 to 100%, that would take us to about$147 ,000 to$150 ,000 for Bitcoin. If the law of averages play out at about 100 % return. So when we looked at our price points, and we've kind of been given this predictive number of$140 ,000. I know, Ian, you had$150 ,000. We were in the same range,$150 ,000,$140 ,000. I can see it there. I can see it there. Based on how it's performed historically after the year of having, we've seen a great gain. I see it in that landscape.

9:01250, I'm just not sure how we calculate that. Now, I know he said that the Fed was hawkish, right? There was supposed to be maybe no rate changes. We got one already. And now they're saying there's two more. I mean, there's only three months left in the year, right? Well, two months left in the year. We got one September. We'll see what happens here in October. So November, December, only two months left. I just, I don't know how we get to that level. I just don't, I can't see it. But Tom Lee is, he's been right, not just in Bitcoin. He's been right about the S &P. He's been right about the Dow.

9:35He's been right about the NASDAQ. He is super bullish in the market. I don't see it. yeah i like timely a lot um great lesson is in assets that are determined to go up it's better to be bullish in it than bearish um with that being said i don't see 250 i 154

9:58490 i can see um but you don't have to take my word for it i want you to go on a llm gpt or clawed or perplexity, act as a world-class investor, tell me the 10 scenarios in which Bitcoin will go from where it is now at 110 to 250 and what geopolitical events would have to happen in order for the market to run that high. That's the thought exercise I want you guys to do tonight. Also too, it's November, client money is coming in. So if you say, I think Ethereum Ethereum is going to 10K while having a fund based around Ethereum. You got to sell a big picture going back to is the media selling you what you want to hear or is it selling you fear?

10:43So you can sell extreme optimism or like the other side is Robert Kiyosaki every other week saying the market is going to crash and it keeps going up, right? You have to be mindful. I love time a lot. 250 for Bitcoin by end of year? No. Can they see 250 next year? Yes. Also, if they were not moving in pace with the market when it was actually detached before the institutions came in and had a mass adoption phase and took it over, I could see a run up of that nature. But unless China, our government, and all hedge funds go risk on more so than they are already, it's going to be tough to get to$250 by Christmas.

11:28It's going to be really tough. Impossible. Next year, I can see it though. Earners, what's up? You ever walk into a small business and everything just works? Like the checkout is fast, the receipts are digital, tipping is a breeze, and you're out the door before the line even builds. Odds are they're using Square. We love supporting businesses that run on Square because it just feels seamless, whether it's a local coffee shop, a vendor at a pop-up market, or even one of our merch partners. Square makes it easy for them to take payments, manage inventory, and run their business with confidence, all from one simple system.

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13:23Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

14:14Listen to Broken Play with Nav Green from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You know Roald Dahl. He thought up Willy Wonka and the BFG. But did you know he was a spy? In the new podcast, The Secret World of Roald Dahl, I'll tell you that story and much, much more. What? You probably won't believe it either. Was this before he wrote his stories? It must have been. Okay, I don't think that's true. I'm telling you. I was a spy. Listen to The Secret World of Roald Dahl on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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