have you readjusted your kind of forecasting where do you where do you see the price of Bitcoin the value of Bitcoin going in the next year i think if you look at the news flow there's a lot of positive improvements in regulations in financial institutions making announcements and presumably a number of things going on behind the scenes Bitcoin insider Adam Bach just updated his 2025 Bitcoin price prediction I think $100,000 is way too cheap Destroy the like button Make sure you watch today's whole video Currently Adam Back is the CEO of Bitcoin company Blockstream However
many people suspect that Adam Back is really secretly Satoshi Nakamoto Adam Back is an insider in the Bitcoin space He does have his ear to the ground and he just updated his opinion on where the price goes By the end of 2025 he thinks price goes a lot higher Is Adam back Satoshi while he was one of the first two people ever to receive an email from Satoshi Nakamoto he was also one of the select few people cited in Satoshi's Bitcoin white paper because he invented hash which is a key technology still used today in
the Bitcoin mining process Is Adam back Satoshi that remains to be seen The point is he is an insider and when Adam Back speaks people lean in and listen So Bitcoin is 95,000 right now Yet Adam is claiming that we're still only in the early stages of a massive Bitcoin bull market Remember in 2025 there is very little supply out there of Bitcoin compared to Bitcoin's 15-year history but never before seen demand in 2025 with ETFs with Wall Street corporate treasury strategic reserve sovereign wealth fund general adoption Before we get to his price prediction understand
where his price prediction is coming from here Adam Back lays out his bull case thesis for Bitcoin this cycle I get very bullish listening to this Lean in listen tell me what you think I think we're certainly in the early stages of a bull market at this point You know typically the bull market cycle lasts for certain period after the h havinging And so we're still in the earn innings I think there's very stiff uh inflows from ETFs buying about two times the Bitcoin mines per day Micro Strategy and the other Bitcoin treasury companies buying
another two times and the retail buyers and dollar cost average investors So really there's a lot of inflow I think you know temporarily there's some consolidation because some earlier investors sort of mid-term investors profit taking but you know that overlay would set us up for you know a price where you start to see Bitcoin competing with gold perhaps pulling money out of gold ETFs into Bitcoin ETFs And then of course if the treasuries come in like the sovereign treasuries the bitcoin reserves uh that would be something where you'd see sovereign competition as soon as one
of the bigger countries jumps in I think the others will feel forced to follow suit So that would you know all bets will be off if that happens Now of course institutional adoption I think the family offices are faster more agile but the institutions are in play You can see that the ETF 13F filings which shows you the institutions that have bought Bitcoin via the ETFs is about 30% institutional I think there's a lot more capital in the institutional space of pension funds and mutual funds So there's a lot of room for capital to come
in you know in this cycle and into the next cycle So this is some of the data that Adam Bach has shared Data shows that new Bitcoin whales are going parabolic The dip is being bought aggressively In fact and that's exactly what most people in the world don't know Adam back knows this The altcoin daily audience knows this See the thing is we call him an insider because he has devoted his whole life to studying Bitcoin improving Bitcoin understanding the chart where Bitcoin's going And according to him this dip will soon be over This dip
is being bought up and will soon be over because smart money is buying up a very limited supply right now Have you readjusted your kind of forecasting where do you where do you see the price of Bitcoin the value of Bitcoin going in the next year yeah I mean I think it's we're still in a bull market You know there are always corrections in a bull market Typically there I mean like half a dozen 30% drops in a bull market So I think that's probably where we are now And um I think as again if
you look at the news flow there's a lot of positive improvements in regulations in financial institutions making announcements and presumably a number of things going on behind the scenes where they're not talking about what they're doing like the sovereign wealth funds So now is probably an opportunity and I think some of it's happening that the managed funds are buying the dip as it were So just just bear that in mind if you get get the idea to sell because Bitcoin is you know under 100,000 you are selling you know to other users other investors via
ETFs and they're hoovering up you know the Bitcoin as it as it outflow you know what would have outflowed from ETFs ends up being bought in some cases by the managed funds So how high can Bitcoin go this cycle obviously we're all long-term bullish 10 million eventually right but this cycle is what we care about So by end of this year or maybe beginning of 2026 at what price will Bitcoin top out i was amazed at Adam Bach's price prediction here He has a lot of reputation to lose if he's wrong on this You tell
me does he understand something that we don't that is partly because of the COVID and the supply chains and the money printing and the economic effects of that Right I think the last h havinging was kind of cut short by that a bit and you know the fact that we had an end of epoch new alltime high 73 and a half just before the hovering it's kind of I viewed as a kind of confirmation that you know it it would have gone higher if not for all of those headwinds and so you know I think
it's probably incorrect to draw too many inferences from the last cycle And so you know if you take the L I think that there's a lot of positive news that you know $100,000 is way too cheap I expect we'll end the year much higher and you know we get between 500,000 and a minimum and and a million during this cycle So we'll see if that transpires I mean we are on the precipice of many global banks adopting Bitcoin Obviously the news in the US is what we're all aware of but what happens in the US
will happen around the world The US capital markets are a leader in this regard and we're already seeing other countries around the world discussing what the US is pioneering Here economist LM urges the Swiss central bank to start acquiring Bitcoin immediately stating that the focus should be on how much Bitcoin to hold not whether or not they should do it or if they should have it This is the presentation the Swiss central bank just got In such times society needs resilient institutions Institutions like the Swiss National Bank And here I want to point out the
fundamental difference to other speakers The Green activists want you to support their agenda They distract the Swiss National Bank from its mission The Bitcoin initiative in contrast seeks to support the national bank by providing it with a monetary tool for the digital age How is that bitcoin is a special asset I have to admit it might not be worth much in scenarios that most of you consider normal However Bitcoin can be worth a lot in a specific scenario of a multipolar world order with fading trust in government debt The high price of gold and Bitcoin
is the market signal to tell us that this scenario is not unlikely In economic terms Bitcoin resembles an Aeros security named after the Nobel Prize prize winner Kenneet Arrow And as anyone with a formal education in portfolio theory knows the question is not whether to hold the narrow security it's how much should be held I leave it to the competent employees at the Swiss National Bank to figure out the right amount but I'm pretty sure that it is higher than the 1,000 Bitcoin you already hold indirectly through shares of companies that have bitcoins If you
want our help with these considerations we stand at your disposal So banks Wall Street financial institutions countries are now realizing what we have known for a while Anybody who has zero Bitcoin is really missing the most asymmetric bet that we have ever seen Larry Leard articulates this here One other thing I will say about Bitcoin that I think people don't understand and this is part of the innovation that's really important Bitcoin is a commodity right the SEC said it's a commodity It is a commodity One coin is the same as the next Okay fine Every
commodity in the world if you increase its price the supply goes up If if gold went to 10,000 tomorrow we'd buy more gold If corn went up if oil went to $300 a barrel we'd drill for more oil You would get more Higher price you would get more No matter where the price of Bitcoin goes the issuance schedule is set There's not going to be any more Every block is 6.25 coins right now Soon to be half of that So that's unique And and as a result of that the world has never seen anything that
really kind of looks like this which is why you know I mean Ronnie Stoley had a great chart on the show I mean Bitcoin from inception has grown at 145% compound annually and it's got a lower sharp ratio than any other asset out I mean this is an amazing beast It really is And so so I you know look but it's but it's volatile and to some it's scary And I get all of that but you know I've long contended that anybody who has zero of this is really really missing the most asymmetric bet that
I've ever seen in 40 plus years of of making trying to make asymmetric bets There's just so much going on in this space and it's amazing to see people who you never think would be talking about Bitcoin and crypto talking about Bitcoin and crypto I'll leave you with this clip Very insightful thoughts on Bitcoin from comedian and actor TJ Miller You never sell your Bitcoin unless it's going to change your life Make sure you subscribe and you tell me in the comments what this purchase is for you You never sell Bitcoin unless it's going to
change your life And that change can be I can finally own a car instead of lease it I can buy this thing for my mother I now it's going to be possible to have kids That is the only time you should sell Bitcoin because that's what Bitcoin is for Right you can say it's digital capital You can say it's generational wealth You can say all those things and I'm not going to disagree Okay but for me Bitcoin is hope also means Bitcoin can change right and it can change your life And that's when you should
think about spending it If you don't if you're not in that moment in your life then do everything I've had so many conversations with my business managers where I'm like "What can I do to not sell Bitcoin this year?" And you can feel that he doesn't own any Bitcoin And so you can feel that when he's like "Well I mean yeah of course that's the focus but uh you know we might it might be something that has to happen." I'm like "You don't get it If you got it then you would be saying to me
I know I feel the same way I don't want to sell any of my Bitcoin." So all this is to say I'm bullish in a way that I say "Do not," and it's not just the 100K It's not just we've been proven Did I cry when we got to the new all-time high yes of course because my parents thought I was a loser for a good two years Exactly Right Mike knows it Back to front and front to back That was a big big moment But I think all it's done is remind all of us
that like yes we were right but the philosophy not the numbers drives the bullish
