Bitcoin’s cycle gains averaged 900%; here’s next price target – Greg King

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Bitcoin is still in a rapid adoption phase, with the peak of the current cycle at $200,000, said Greg King, founder and CEO of Osprey Funds.

“I think we’re in a natural consolidation phase. Our view is that Bitcoin is in a bull run. It’s sort of in its fourth of fifth big bull leg of Bitcoin. If you look at it historically, as it’s gone through phases of adaptation, it puts in an all-time high that holds for at least 200 days, and once that happens, when that all-time high is pierced again, which we just had in November at $20,000, on average, the next bull run is a 900% return,” King said.

0:00 – Bitcoin price cycles
3:26 – Bitcoin as a currency
5:00 – Bitcoin’s intrinsic value
6:22 – Osprey Bitcoin Fund
12:22 – Bitcoin derivatives markets
15:38 – Bitcoin’s recent price action

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Jaap graankorrel says:

In 5 years bitcoin will be 99 times priced then now at 5 million usd

Tron says:

Wow, I truly admire these gentlemen and can listen to them all day. Incredible intelligence!

e. g. g. says:

Anyone know if the host holds any btc?

junibismalis says:

David posed a great question in regards to the crypto market being flooded with alts that have superior tech and use case and the possibility of claiming a huge chunk of that money influx. Like many bitcoin holders, Greg completely ignored the question about the alts. From an investment point of view it makes sense, once people stop seeing BTC as the end all be all of crypto, it will lose its position as wel as bagholders money. I hold BTC, but to think it can never be replaced is insane. There are so many major flaws with BTC that when institutional investors start researching, I am sure they will at the minimum diversify heavy, as should anyone inverting in crypto. That being said, crypto is far from maturing, the tech and its possibilities are still in its infancy.

Crazy prayingmantis says:

The value of Bitcoin is in the robustness of it's network and the trustless nature and fairness in which it functions.

eric hale says:

Where is the sweat equity in bitcoin?

Ricardo Daniel Rivera says:

Invite Charlie Lee please 🥺

Joisar Steel says:

Why previous post. Shows no longer available?? Who removed

Judith Moore says:

Stocks are good but i swapped and invested in forex and Cryptocurrency since then, I've been earning much more alot from it

sam beckingsale says:

Looking swank David

Cloudy Bits says:

Note how he didn't refute the assertion of the inherent value of bitcoin being zero with any actual facts.

Jonathan Weston says:

Altcoins are just trash testing grounds… Anything an alt like ETH can do Bitcoin can do better with its layer 2 and layer 3 networks,, best to keep the main blockchain as pure money.. Lighting network – Satoshi network

Jonathan Weston says:

NOBODY in the whole world wants a Bitcoin ETF,, buy and hold real Bitcoin not fake paper contracts you fools.

Jonathan Weston says:

I think $200,000 per BTC this bull run is reasonable then 10m+ by the 2030s


IT BEGS THE QUESTION: Will there ever be a better crypto alternative to Bitcoin? The Ford Model T car is now obsolete. In fact, the Ford Model A car made the Ford Model T car obsolete. Therefore, will Bitcoin become obsolete too?

millyionnnn says:

They doubted when it was $20, $150, $10000….. Paper Printing press non stop $1M Bitcoin inevitable

beeboobop says:

Great interview. Man, I remember not even a year ago KITCO was at 120k subscribers. Congratulations on the growth!

dogz70 says:

Fedcoin soon

GPH1134 says:

Gary Gensler, President Joe Biden’s pick to head the Securities and Exchange Commission (SEC), told Congress Tuesday that the “greater challenge” in bitcoin and cryptocurrencies is protecting investors. “Some markets have been really rife with fraud and scams,” UH OH, federal government intervention!!!

Matt Reyes says:

As the price of Cry|pto is currently trending in a slightly negative direction generally, don’t take anything away from Bit coin because corrections appear frequently in a bull mar|ket as a "reset" before continuation. This is organic and healthy and offers a good oppo rtunity for tradrs and investors to buy the dip. I have been in the cry|pto world for just over a year now and I have been able to make 31 βͲ↻ foIIowing the reasonable adv!se and tradn s!gnals from Lee Gerson, a pro anaIysis that is always one step ahead of other tradrs, he runs a program for serious minded investors/newbies who are curious to e arn from bit coin regardless of the current price chart. You can easily get to Lee on Եҽlҽցɾαต @ leegerson ահαԵsαթթ + 1 5 1 0 4 8 5 0 8 8 0

Global Intelligence says:

Dude, adoption means when the world as a whole adopts it. We haven’t even gotten started. Get real interviewer!

GPH1134 says:

Chinese bitcoin mining hub is shutting down its cryptocurrency operations. Too much power!!! Global Warming!!! Democratic Party will shut down American cryptocurrency too.

diceclay1000 says:

F2Pool are the ones dumping the price, please watch George on CryptosRUs, he exposes the whole thing. They dumped it today when it hit 50k.

Cath Wendy says:

Investing in crypto is the only big chance of making money

douglas says:

buy litcoin it's better than bitcoin, right now cost only $ 170 dollar , there is only 80 million litecoins for 21 million bitcoins ( LTC=$170, BTC=$50.000) so X10 is possible for March plus Litecoin transaction time is four times faster than Bitcoin's

Martin Olsen says:


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