Who’s the captain now? Seriously, this question is crucial for us crypto heads as the bull market finally picks up steam after seven grueling months of consolidation. That stretch wrecked portfolios and left many investors in total disbelief. It wasn’t easy for me either, but somehow, I intuitively knew we’d pull through.
BTC is currently hovering just below $100,000, closer than ever to breaking that massive psychological barrier. That’s $0.1 million per coin—for anyone who stacked sats over the years, those hardcore geeks who mined it with their PCs, and everyone who believed Bitcoin could reach this level of adoption and valuation.
That said, we’re not just seeing Bitcoin appreciating in value but also witnessing fiat currencies devaluing like crazy. BTC is proving itself to be the new “sound money.” Honestly, I never imagined this cycle would bring so much adoption.
Despite all that, the market feels oddly bearish, much like it did back in late 2020. Back then, few could see an escape from the fake pandemic narrative, let alone envision BTC hitting $20,000. And in 2016, it spent most of the year under $1,000 before skyrocketing in 2017.
Shit’s happening, and it’s only going to get wilder as we dive deeper into the typical 500-day Bitcoin bull market. The parabolic phase usually lasts about 300 days, and we’re just 20 days into it. This means 2025 is shaping up to be insanely bullish.
At some point, when BTC crosses $100,000, retail investors will finally wake up to the reality of it—but instead of buying Bitcoin, they’ll flock to altcoins because BTC will seem “too expensive.” And just like that, a new altcoin season will kick off.
Meme coins are already the fiery trend of this bull market, and massive gains will come from these shitcoins. But one thing that’s not a meme is the Trump administration’s evolving relationship with Bitcoin. We’re 60 days away from Trump stepping into office, and the bullish news around Bitcoin just keeps rolling in.
With the President-elect set to introduce the White House’s first digital asset-focused role, Donald Trump’s crypto advisory council is reportedly expected to set up the nation’s first strategic Bitcoin reserve. Indeed, the returning US president is looking to formulate a council that would govern crypto-related policies, Reuters reports.
The development of the council has garnered interest from across the cryptocurrency industry. Coinbase CEO Brian Armstrong had met with Trump earlier this week. Moreover, Cardano (ADA) developer Charles Hoskinson gave his vote of confidence for Armstrong’s viability as part of such a council.
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VanEck has officially endorsed President-elect Trump’s plan to create a strategic Bitcoin reserve, while Michael Saylor is set to present to Microsoft’s Board next month on incorporating Bitcoin into their corporate treasury. While I’m not a huge fan of Saylor, let’s not forget he successfully orange-pilled Elon Musk back in 2020.
With all this happening, $100,000 per BTC no longer seems far-fetched. A U.S. Bitcoin strategic reserve would send BTC into the stratosphere. Even if it doesn’t happen right away, the coming year promises to be insane. Altcoins haven’t entered their parabolic phase yet, but they will soon...
Thanks for your attention,
Adrian