In a recent deep-dive by Aaron & Austin Arnold, the CoinSpeech team collected the most important takeaways from their video. You can find the new video below.
Bitcoin’s Price Surge Post-Halving
The video highlights the intriguing price patterns of Bitcoin following its halving events, as explained by billionaire investor Chamath Palihapitiya. He details, “After a Bitcoin halving, the price tends to go up 1 month after, 3 months, 6 months, 9 months, 12 months, and 18 months after a halving.”
Historically, Bitcoin has experienced “crazy price appreciation cycles” 6 to 18 months after each halving. For example:
- 18 months after the first halving, Bitcoin price increased by 45x.
- After the second halving, the price surged by nearly 28x.
- Following the third halving, Bitcoin saw an 8x jump.
The Impact of ETFs on Bitcoin’s Future
The discussion touches on the introduction of Bitcoin ETFs and their potential impact. According to Austin, “These ETFs are really going to allow Bitcoin to cross the chasm and have its sort of Central Key moment.”
The presentation indicates that if Bitcoin follows the same price patterns as previous cycles, it could potentially reach up to $500,000 per coin by October 2025. Chamath Palihapitiya suggests that while these averages are not guarantees, they do highlight substantial appreciation potential.
Diminishing Returns and Realistic Expectations
A significant discussion point is the concept of diminishing returns. As assets grow larger, they become harder to move in price. Aaron notes, “A more realistic way to assess this information is not by taking the averages… A 3 to 4X may just be more realistic.”
Even a conservative estimate of a 2x increase from the last halving price could place Bitcoin at approximately $130,000 per coin by October 2025. This assessment suggests a more measured, albeit still optimistic, outlook.
Challenges in the Traditional Financial System
The video also covers cracks in the traditional financial system. Recent incidents like the New York Stock Exchange glitch and NASDAQ’s three-hour disruption highlight vulnerabilities that decentralized networks like Chainlink could address. As Aaron explains, “why pull data from one centralized Oracle… when Chainlink offers a decentralized Oracle Network solution?”
Ethereum and Alternative Crypto Investments
A notable update includes Arc Invest’s decision not to proceed with a spot Ethereum ETF for now, which leads to speculation about the influence of staking on this decision. Meanwhile, Aaron discusses his positive experiences with staking in the AIT protocol, earning significant rewards through this innovative AI data infrastructure.
Upcoming Events and Offers
Don’t miss out on the upcoming Bitcoin Nashville conference from July 25th to 27th. Aaron & Austin are offering 10% off tickets with the code altcoin daily, promising an epic gathering for crypto enthusiasts.