Part 4/8:
The speaker dives into the behavior of Bitcoin's price movements based on historical data, suggesting there are strong indications that Bitcoin might continue to rise beyond the current 100k threshold. By drawing parallels between current prices and previous price actions during the last major bullish run, he suggests that Bitcoin has not yet reached its peak, estimating that a move towards 140k is plausible.
Furthermore, the dynamics between Bitcoin and altcoin markets are underscored, particularly that altcoins historically lag behind Bitcoin’s movements. Once Bitcoin establishes a solid base, it paves the way for altcoins, like Ethereum, to follow suit shortly after.