Attributing the insights shared by Crypto Jebb, the CoinSpeech team has gathered the most important takeaways from his recent appearance. Discover why Bitcoin is predicted to skyrocket to $150,000 and find Crypto Jebb’s new video below.
Massive Inflows into Bitcoin ETFs
Crypto Jebb highlights the staggering $2 billion in inflows into Bitcoin ETFs this month alone, emphasizing the significance of such trends. “Grayscale saw $29 million flow out of its fund, but iShares and Fidelity, the two biggest Bitcoin ETFs, saw collectively almost $1.7 billion of inflows into their assets under management this week alone,” notes Jebb.
A Look at Historical Bull Markets
Bitcoin’s history is marked by three notable bull markets, each with unique behavior. According to Jebb, “In the history of Bitcoin, there have been three full bull markets… The third bull market happened here after the COVID-19 pandemic during 2021 and 2022.” Jebb believes that the current market exhibits patterns resonant of earlier bull cycles. Currently, Bitcoin is trading sideways, and he chalks it up to necessary consolidation periods that were typical in previous markets.
Impact of Market Corrections
Recent corrections—like Bitcoin dropping 5% in just eight hours on Friday—can feel unsettling but are part of a healthy market cycle. “Late last week on Friday, Bitcoin went through a flash crash where it dropped over 5% in less than 8 hours… But it won’t last long,” assures Jebb, underscoring that such corrections set the stage for fierce rebounds.
Indicators for Future Performance
Several key indicators point to a major breakout. Jebb explains, “What we are doing is we are building one massive cup and handle formation… If we simply draw a price target from that, it points us all the way up towards $120,000.” He also mentions the impact of the upcoming FOMC meeting and the CPI report, predicting volatility that will further bolster Bitcoin’s trajectory.
Strategic Investment Plans
For those looking to capitalize on Bitcoin’s potential surge, Jebb advocates for a systematic investment plan. “Every Friday at 2 p.m., we will invest $100 into Bitcoin on crypto.com, whatever it may be, that’s how you succeed,” he recommends. Regular, consistent investments combined with patience can yield impressive returns as Bitcoin approaches and surpasses key milestones.
Crypto.com: A Gateway to Profits
Today’s video is sponsored by Crypto.com, which offers numerous opportunities to grow investments. “You can actually start doing your recurring purchases here on Crypto.com, which is the perfect place to get your feet wet,” Jebb suggests. Moreover, Crypto.com’s ‘Crypto Earn’ program allows users to earn interest on their holdings, adding another layer of profits.
If you haven’t already, make sure to watch Crypto Jebb’s full video below: