Why Bitcoin's Rally Is Just Getting Started

On Bitcoin

Guest Tom Lee · not counted as Anthony Pompliano's view.

Views

• Next months (next 2–6 months): Expects up: the chances of Bitcoin having a huge fourth quarter are really high. ▶ 37:23
• This cycle (next 6–18 months): Leans up: I mean, I can see that in 5 years for Bitcoin. So, I think ▶ 36:18

If this, then that

• If gold settles at 5,000 and Bitcoin matches gold's network value, then no target given (this cycle, by in 5 years): And so, let's say gold settles at 5,000. That puts fair value of Bitcoin, you know, like 1.6 to 2 million if it matches gold's network value. ▶ 35:51

Levels named

• 200k: Target (strong Q4 catalysts such as Fed easing and seasonality): I still think it's possible for Bitcoin to hit 200,000 by the end of the year. ▶ 37:31

Their own position: Not said.

On Ethereum

Guest Tom Lee · not counted as Anthony Pompliano's view.

Views

• This cycle (next 6–18 months): Leans up (timeframe is our reading): the price of Ethereum probably goes up a lot uh in the future because I mean, this is a simple mechanical measure. ▶ 53:10

If this, then that

• If Ethereum recovers its 2021 highs against Bitcoin, then 21k (this cycle): Ethereum could recover its Bitcoin Ethereum ratios 2021 highs. That would put Ethereum in around 21,000 per token. ▶ 49:02

Levels named

• 21k: Target (ETH/BTC ratio recovering its 2021 highs): Ethereum could recover its Bitcoin Ethereum ratios 2021 highs. That would put Ethereum in around 21,000 per token. ▶ 49:02

Their own position: Holding. Bitmain on Monday announced that we're at 3.23 million Ether.

Dates named

• Fed easing, undated: we have catalysts, the Fed's easing. We have a shutdown that's been risk off.