The Road To $150,000 - Why Bitcoin’s Next Crash Will Launch The Ultimate Bull Run
Bitcoin's path to $150,000 looks clearer than ever - and the coming crash might just be the rocket fuel it needs.
The Beautiful Destruction
Market cycles don't play by Wall Street rules. Every major correction in Bitcoin's history has set the stage for explosive growth. The pattern repeats: panic sells, weak hands fold, then institutional money floods in at discount prices.
Liquidity Firestorm
When retail investors run for the hills, whales accumulate. They're not scared of volatility - they create it. The coming crash will flush out leverage, reset expectations, and clear the path for the real money to move in.
Traditional Finance Still Doesn't Get It
Meanwhile, legacy institutions keep trying to fit decentralized assets into their centralized boxes - like teaching a shark to ride a bicycle. Their risk models can't comprehend an asset that thrives on chaos.
So when the charts turn red and the headlines scream doom, remember: in crypto, sometimes you need to break things to build something better. The road to $150,000 runs straight through the valley of fear.
Alphabet valuation climbs beyond historic norms
Alphabet now trades at 25 times forward earnings, a level it hasn’t touched since 2021 and way above its 10‑year average of about 20 times. Stutland said the multiple used to sit lower because investors worried regulators might break the company apart.
He said Alphabet is shifting into a “new way of using AI technology” and showing it could even be the leader, which he believes places the stock on a new path.
Even with the climb, Alphabet is still technically cheaper than the Bloomberg Magnificent Seven Index, which trades at 30 times forward earnings.
Only Meta and Amazon have lower multiples. Alphabet is priced roughly in line with the Nasdaq 100, which is surprising because Alphabet is one of the 15 best performers in the index this year.
Earlier this year, Alphabet suffered from doubts about Google Search as ChatGPT gained traction. Eric Gerster, chief investment officer at AlphaCore Wealth Advisory, said those fears faded as Gemini improved.
He said that by mid‑year, people were taking a harder look at Gemini and saw “a very strong large language model” with strong output. He added that Alphabet looked better positioned in AI than many believed last year.
Alphabet expands across AI, autonomous driving, and YouTube
Gerster said the market warmed up again once confidence returned that Google WOULD stay dominant in search. He added, “The jury’s still out on that, but that’s where the market is today.”Alphabet’s rally also got support from other parts of its business.
Waymo said this week that it will introduce autonomous driving in five more U.S. cities: Miami, Dallas, Houston, San Antonio, and Orlando. That expands the list of cities where it is testing or preparing ride‑hailing services.
YouTube also crossed two billion monthly active users, giving Alphabet a massive reach. Bloomberg Intelligence analyst Mandeep Singh said that kind of scale gives the platform an advantage that other players can’t easily match.
Investors are still cautious with the stock NEAR an all-time high multiple. But Alphabet is a growth story, meaning the real bet is on future delivery, not today’s price.
Gerster summed it up clearly: “Like a lot of these Big Tech stocks, valuation is probably not where you’re going to get upside going forward. It’s going to have to come more from proof in the delivery, in particular of AI.”
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