Bitcoin is predicted to retrace in the short term due to being overvalued and overextended, leading to significant downside.
"In the short term at least, Bitcoin is incredibly overvalued and overextended... But if Bitcoin were to start to retrace, as it often does, there's huge downside potential..."
Bitcoin is predicted to potentially reach $120,000 or $150,000.
"people want to talk about, oh, it could go to 120K, maybe 150K and sure I, you know, openly speaking, yeah, I I think that's all possible. ... So, yes, it could go to 120K..."
A potential market downturn is expected if more tariffs are announced or other red flags (rising bond yields, US debt) trigger a broader market pullback, which would also affect crypto.
"If they do [more tariffs], we can expect a potential downturn. ... So once one trigger or one domino begins to fall, it'd be very interesting to see if all markets begin to pull back. And if markets begin to pull on back, then so will crypto."
