Part 5/8:
Delving deeper into the market’s psychology, Matt discusses potential catalysts for Bitcoin's continued ascent. The impending change in SEC leadership is highlighted as a significant factor that could usher in new regulations and potentially stimulate the market. He believes this is an optimistic time for Bitcoin, particularly as it approaches a combined market cap of around $2 to $2.5 trillion.
Looking ahead, he identifies the next major psychological milestone for Bitcoin as $250,000 within the upcoming calendar year—a target he deems plausible given current trends and market sentiments.