In this video, Austin discusses the current state of cryptocurrency while on vacation in London with his wife. He reflects on the ongoing “waiting game” in the crypto market, particularly regarding major currencies like Bitcoin and Ethereum. Historically, the months of June, July, and August are not favorable for crypto, and Austin emphasizes this pattern, reiterating his hope for a positive shift around September and October. He predicts that this timeframe will mark the beginning of a significant bull run for crypto, lasting until October 2025.
Austin acknowledges the bearish sentiment and uncertainty that have dominated the market since late 2021, while expressing optimism that this will change soon. He highlights the inherent volatility of crypto, which can lead to both substantial gains and losses, and encourages viewers to invest wisely by diversifying their portfolios. With only a couple of weeks until September, he believes the market will gradually improve, with October being even better. He foresees Bitcoin potentially soaring to between $150,000 and $200,000 during this expected bull run, along with gains for altcoins and meme coins. Austin wraps up by hinting at his plans for “high tea” before signing off.
