InvestAnswers: Bitcoin ETF inflows point to $90K, no "Rektember" this year

Bonds and oil spike, but AI and crypto "do not give a toss"

The host opens by noting Bitcoin rose 12% over the past week, Solana 19%, ETH 11.5% and Hyperliquid 20%, alongside gains in Nvidia, AMD, Micron and Tesla. He attributes market stress to the US 10-year yield, which he says has risen roughly 30% since March, and to Brent crude, which climbed from $70 in July back toward $103 after briefly dipping under $100. He links this to US debt levels he cites as $40.1 trillion current and over $120 trillion in future obligations, and to global diesel shortages.

Despite this, he says

"AI and crypto do not give a toss, which is fascinating"

— the host, pointing to the Nasdaq (QQQ) and S&P 500, the latter within 1% of a new all-time high. He also notes the VIX mean-reverted from 18 back to 15 as he expected the prior week.

Bitcoin's ETF-driven math and the "dip for ants"

The host says Bitcoin broke above his flagged $82K resistance and rallied toward $90K before pulling back, calling the recent pullback a "dip for ants." He reiterates a model from three weeks earlier predicting $90K in October if ETF flows cooperate, saying

"I can explain 80% of the Bitcoin moves now with the ETF flows"

— the host. He flags $873 as near-term resistance and $82K as new support that could still be revisited.

On Bitcoin versus gold, he says the pair had deviated from his long-standing green trendline for about a month starting mid-August but has since snapped back in line with his projected 12-24 month trajectory favoring Bitcoin over gold.

ETH, Solana and Bitcoin proxies

He notes ETH ran from a "$1,500 killbox" in late June to nearly $2,700, though a sell flag has since appeared. He also mentions Vitalik's plan to cut finality from 17 minutes to 32 seconds over five years, saying flatly

"that plan is not going to fly"

— the host. Solana, he says, hit resistance near 119 before pulling back to 114, with 112 as new support and 148 as a next target he expects could take one to two months to reach.

On MicroStrategy, he flags a proxy gap between $153 and $164 that may or may not fill depending on Bitcoin's path, and notes Michael Saylor did two ATM raises. STRC, he says, fell as low as 74 before recovering toward 99, a period he admits made him "nervous as hell."

Tech and AI stocks: hits, misses and price targets

The host reviews a long list of names. He says Nvidia hit his called top of 231 before pulling back to 225, with a breakout above 230 potentially opening the way to a new all-time high near 240-250. SK Hynix, trading at what he says is a P/E of 4, could rally 60% to new highs by year-end or Q1, in his view. He admits missing both AMD and Micron breakouts, and Palantir's run to 192, which he says has "no quit," noting the stock's P/E of 157 against earnings that doubled year over year from 21 to 41 cents per share.

He also flags Marvell as a "trillion dollar company in the making," implying roughly 4.5x upside from its current market cap, and cites a one-year Broadcom target of $520, about 46% higher. Tesla, he says, remains in an upward channel toward $400, with $380 as a key level to reclaim, while SpaceX faces a token unlock that could push shares briefly lower from around $148.

Smaller names and viewer questions

Answering audience questions, the host discusses GameStop, saying he would not buy at current levels near $24.78 but might consider shorting near $32. He calls Neptune Digital Assets interesting, noting it trades at what he describes as a discount to net asset value, with a portfolio he says is about 54% Bitcoin plus Solana and SpaceX shares. On Oracle, he says he regrets not shorting it near $330, citing what he calls $169 billion in debt as a concern despite 97% compute utilization. He describes Circle as headed toward $107 near-term and a one-year target of $130, tied to USDC minting activity he says occurs on Solana.