InvestAnswers eyes BTC at $112K by December on new bullish cross signal

Bitcoin setup: a bullish cross and talk of $112K by December

The host opens by noting "very very little ugly news this week," pointing instead to Michael Burry's reported capitulation on a Lulu position near 52-week lows while Nvidia, his biggest short, hit a record high. He frames this as evidence against betting against the AI trade, saying Burry "went long yoga pants and short AI in the age of AGI."

On Bitcoin, the host says ETF inflows are tapering after a record inflow day and a strong September, with Solana and Ethereum ETFs also slowing. Fear and greed sits at 73, "two points away from extreme greed," with Bitcoin quoted at $86,370 and the $82K level now treated as support. He cites a seasonal pattern: three green months plus a green September giving roughly a "70% chance" October ends green, with average October gains of 13.2% and November averaging 36% (skewed by 2013).

The headline figure comes from a chart shared by someone the host credits as "Archie": a 100-day/200-day bullish cross that, extrapolated historically, could put Bitcoin near $112,000 by mid-December. The host is skeptical of the timing, saying "I think that's way too high way too soon," while noting he previously called for $90K in October based on ETF flows, contingent on another $3 billion of inflows. He also flags a Bitcoin power-law "bear case" target for 2028 of $112,000 and an "expected case" of $316,000, though he says he doesn't personally rely on the power law, preferring money-flow analysis, and calls the 2028 range ($100K to $1 million) too wide to be useful.

Altcoins, Solana institutional push, and stablecoin revenue

The host reports "alt season" at 55, down slightly from 57 last week, with altcoins still outperforming Bitcoin over 90 days. Monthly gains cited: Bitcoin 7%, Ethereum 9%, BNB 2%, XRP 6%, Solana over 17%, Zcash over 30%, and Hype 6%, with the host noting unverified "rumors" of insider whale selling on Hype.

Digital asset treasury company Defi Dev is said to have added 26,23 SOL, taking its holdings to 2.56 million SOL. On DEX volume, the host says Solana is doing "more than 4x" Ethereum's volume and represents 50% of all DEX volume. He also cites a report that Solana Foundation has worked with JPMorgan and other institutions on large payment settlement using an "open-source DVP launch," naming BlackRock, Western Union, Fidelity and Citibank as users of the chain.

On stablecoin and app revenue, the host lists weekly figures: Hyperliquid at $14.6 million, Pump.fun at "17.96 $18 million," Circle at $50 million, and Tether at $121.77 million, attributing Tether's higher take to running on Tron.

AI stocks breaking out and a sharp shift in Fed rate odds

The host turns to equities, citing a strong week: AMD up 6.5%, Broadcom up 6%, Nvidia up 4% (a new all-time high), Amazon up 3.5%, Tesla up over 6.2%, Google up 1%, Microsoft up 1%. He cites a claim from "SMR" that "he who controls the compute controls universe," tying this to SpaceX's plans for AI space-based data centers he says are expected "next year."

Marvell's CEO is cited projecting a "$400 billion AI market by 2030," described as 4x his previous projection, plus a claim that Google's six-year, $120 billion deal could add $18 billion a year. The host notes Marvell is up 280% over a year and AMD up 311%, also referencing a TSMC-Terrafab partnership rumor he says "has been confirmed," and SpaceX securing five gas turbines from South Korea, each generating about 400 megawatts and costing "60 or 70 maybe $80 million."

"There is zero slowdown in this age of AGI. Zero." — the host

On macro, the host says Fed hike odds for October flipped from an 80% chance of a hike two weeks ago to a 20% chance now, which he attributes to a weaker-than-expected job market, calling it "the fastest moves."