Bitcoin’s price is currently undervalued by ~50%, similar to past buying opportunities in January 2020, September 2020, and January 2019.
A weak US dollar increases foreign demand for Bitcoin, potentially leading to significant new investment as it becomes more affordable for international investors.
Bitcoin typically trends lower from May to September and begins to trend higher starting in October, according to its seasonal patterns.
The Federal Reserve’s continued rate cuts are likely to lead to a weaker US dollar, which could push Bitcoin’s price up exponentially.
While Bitcoin’s current undervaluation presents a potential successful trade opportunity, the video does not anticipate a massive bull run at this time.