Winter is coming 🔥
Happy Friday everyone!
I’ll make today short and to the point.
Winter is coming.
Luckily, you don’t need to pull out your Dragonglass. It’s not White Walkers coming for us.
It’s the bitcoin rollercoaster.
And if you navigate it successfully, you could get rewarded with a lot more than another stint at the Night’s Watch.
You see, the price of bitcoin is largely tied to a 4-year cycle that brings with it a sharp decrease in supply.
This is an automatically programmed event. And every time it occurs, bitcoin soars in price over the following 12 to 18 months.
The last halving occurred on May 11, 2020 - 15 months ago.
As a result, we’re getting deeper into the end of the cycle.
Of course, no one can predict the future, and I won’t try to.
But we’re no closer to solving any of the problems bitcoin actually aims to address - like ridiculous monetary policies and exploding levels of debt.
As a result, bitcoin has moved from the shadows of online forums for geeks into the mainstream.
As of today,
there are over 100 million owners of bitcoin
there is an incredibly advanced infrastructure for trading
banks, corporations, hedge funds, sovereign wealth funds, and insurance funds all own bitcoin
bitcoin is legal tender in one country
an increasing number of politicians have publicly shown support for bitcoin
bitcoin legislation is being drafted left and right
My point is simple: this thing isn’t going away. And it’s just about to get really exciting.
Bitcoin supply halvings have happened before. And as we approach winter, the final legs of this market cycle could push bitcoin much, much higher.
Just look at where we are today compared to the 2013 cycle:
Could bitcoin hit $256,000 this year in December this year? I have no idea. It’s possible.
Could it hit $100,000? maybe.
Exactly where we’ll land is impossible to predict.
All I know is we’re likely in for a wild ride over the next few months.
Expect:
lots of media attention & dramatic headlines
“experts” telling you to quit your job and day-trade crypto
everyone and your cousin trying to convince you to invest in “the next bitcoin”
fear, uncertainty, and doubt
If you can ignore the noise - and hold Winterfell - it’s possible you could make a lot of money.
I’ll be there to guide you through it to the best of my abilities.
In the meantime - brace yourself.
Because winter is coming.
And it won’t be ❄️.
It’ll be 🔥.
Alex.