Bitcoin Sets a New All Time High: What is Next?

"it's probably going to be either on May 22nd or May 23rd. It's going to be dependent on the price action. I don't know exactly when it's going to be. I was looking at it earlier, and it very well could just be May 23rd. Um, depending on how high Bitcoin goes, I guess, between now and then. possible for it to happen on May 22nd, but by the 23rd at the latest, we should in fact have a golden cross."

"I'm just suggesting that if there is a pullback after this golden cross, it would be a fairly normal pullback... If it just stops there at like 109.8, a 10% drop would get Bitcoin basically back to 100K, maybe a little bit lower. If it's a 15% drop like some of those other uh some of those other golden crosses we've seen, it would put Bitcoin back at around that 50-day and 200 day moving average, you know, probably around 95K."

"Bitcoin can go put in new highs. sort of the window for it to do so is late May to early June, right? Late May to early June."

"I think that there is a high likelihood high likelihood that there will be some d-risking in the third quarter of the year. Sort of the July to September time frame. That's what I I think is the most likely outcome."

"If Bitcoin does get a pullback off of these new all-time highs within say like a week or so, I don't think yet that that pullback would be reflective of concerns about what may or may not may or may or may not happen in the third quarter of the year. I think it would just be sort of your typical golden cross pullback."

"If we get a golden cross dump and then we get a go and then we get sort of a a rally after that and then we still struggle to really durably break above 110 and it's mid June then you probably would see the market start to price in some of that Q3 weakness at that point."

"If Bitcoin can break above these current levels then that Q3 weakness might just come back down to prior resistance, right? Maybe we turn prior resistance into support."

"I don't really think the market would even look towards that de-risking until about mid to late June."

"the S&P I kind of expect some weakness in the third quarter as well."

"Bitcoin will likely continue to outperform most everything else."

"If Bitcoin breaks out and goes to even higher prices, maybe maybe if it can break out above 110K, then I would guess you're going to see dominance continue to go higher."

"If it plays out like say 2023 or 2024 where it just kind of fades back down into the third quarter of the year and then we try again in Q4, then you're still likely going to see Bitcoin dominance go higher."

"I think at this point we're likely going to see it hit 5% before too long."