Top Crypto Analyst Unveils Strategy To ‘Make Millions’ By March 2025
October 22 2024 - 8:00AM
NEWSBTC
Crypto analyst Miles Deutscher, boasting 550,000 followers on X,
has released a new video titled “My Plan To Make Millions In Crypto
By March 2025! [Fool Proof Strategy].” In this analysis, Deutscher
outlines his strategic approach to navigating the current crypto
bull run. The Start Of The Bitcoin Bull Run First, Deutscher
highlights the bullish outlook for Bitcoin, particularly on the
monthly chart. “We have been consolidating above the high that we
made in 2021 in February for a matter of eight months now,” he
notes. “On the higher time frames, Bitcoin looks really, really
good. It honestly looks primed for expansion for another leg
potentially to take us to that $100,000 zone.” He attributes this
bullish consolidation to significant inflows into Bitcoin ETFs,
signaling increased interest from traditional finance investors.
“Over $2 billion worth of inflows into the Bitcoin ETFs last week,”
Deutscher reports. “We also saw, to end the week, another
additional $273 million flowing into the Bitcoin ETF. The landscape
is very strong here for Bitcoin from a TradFi perspective.” Despite
this momentum, Bitcoin is lagging behind gold, which has surged 30%
above its yearly high to $2,700 per ounce. “Bitcoin is still
sitting 10% below its yearly high,” Deutscher points out. “If
Bitcoin were to catch up to the current price performance of gold
this year, that would indicate a Bitcoin price of $96,400, which
would be absolutely insane.” Related Reading: Crypto Craze:
Investor Nets A 3,360% Gain, Turning $86,000 Into $3.75 Million
Deutscher also discusses the potential impact of macroeconomic
factors and political events on Bitcoin’s trajectory. He observes a
correlation between Bitcoin’s price performance and the election
odds of former President Donald Trump. “It is quite interesting
that Bitcoin is behaving very similarly to the Trump election odds
based on Polymarket,” he remarks. While he acknowledges this could
be coincidental, he suggests that “the market is anticipating a
Trump win to be bullish for Bitcoin.” He also references the
transition from quantitative tightening to quantitative easing and
its potential effect on the crypto market. Citing a tweet, he poses
the question: “What do you think happens when you leave a seven,
actually eight-month trading range off a low historical volatility
into an election with a transition from quantitative tightening to
quantitative easing and at the end phase of an 18.6-year real
estate cycle?” His answer: “Explosion.” Strategy How To “Make
Millions” Turning his focus to altcoins, Deutscher provides a
strategy for capitalizing on emerging market trends to potentially
“make millions by March 2025.” He emphasizes the importance of
strategic accumulation during market dips and highlights the
significance of current uptrends. “Alts are now uptrending. We have
started to break above the range. Bitcoin is uptrending. We are
starting to break above key levels and make higher highs,” he
explains. Deutscher advises against attempting to time market
rotations between Bitcoin and altcoins. “You can play the game of
timing the Bitcoin dominance rotation,” he acknowledges, but
cautions that it requires precise timing. Instead, he recommends
positioning for the “end game” by holding altcoins that are poised
to outperform Bitcoin in the latter stages of its move. “Although
that means I’m going to have to hold throughout periods of altcoin
underperformance […] by the end of the cycle, I’m going to make
more money playing that game,” he asserts. He stresses the
importance of focusing on strong narratives and being selective
with investments. Quoting Warren Buffett, he notes,
“Diversification is a protection against ignorance. It makes very
little sense for those who know what they’re doing.” Deutscher
elaborates: “I think you should be selective. You don’t want to be
over-diversified to the point where you hold six AI coins, six RWA
coins, eight meme coins, five Layer-1s, three Layer-2s. This is a
market where you’re better off to have maybe two plays from each
narrative and just go higher conviction into those coins.” Key
Narratives and Top Altcoin Picks Deutscher identifies several hot
crypto narratives and specific altcoins that he believes have the
potential to yield significant profits. In the memecoin sector,
Deutscher highlights the emergence of AI-driven meme coins, where
AI agents create and promote tokens. His leading play in this space
is GOAT. “This narrative either goes to billions and really takes
off and GOAT could be a one-billion-plus coin, or it goes to zero,”
he admits, acknowledging the high risk involved. Besides AI
memecoins, Deutscher recommends looking at the memecoin list by
Murad Mahmudov. “I do think SPX6900 is a decent play. I also like
GIGA, but probably not as much as SPX. I also like MOG. I like
pretty much all of these but I think, you just gotta pick two or
three that you resonate with the most.” Related Reading: Crypto
Investment Products See Record $2.2 Billion Inflows—Is The Bull Run
Here? Beyond meme coins, Deutscher is heavily investing in AI
projects. He has taken positions in tokens like Bittensor and Near
Protocol. “I’m meeting two to three AI founders a day. I’m really
digging deep into AI research because it’s one of the verticals
that I’m most interested in right now,” he shares. Deutscher also
revealed his investments in projects that tokenize real-world
assets, such as Mantra (OM), Ondo Finance (ONDO), and Pendle. While
he has started taking profits from these investments due to
significant gains, he is reallocating into projects like Clearpool
(CPOOL), which he believes can “push up into that top-five echelon
of RWA protocols.” He hints at another RWA project he’s bullish on
but hasn’t publicly disclosed yet. Deutscher emphasizes the
importance of accumulating crypto positions during market dips,
especially in sectors poised for growth. He notes that the current
market phase rewards dip buyers. “We’re in this new paradigm where
we are getting higher lows. The market is actually rewarding those
that buy these dips and take advantage of the dips,” he observes.
He underscores the need for adaptability and disciplined risk
management to maximize profits and potentially make millions. “You
need to be evolving in the market in order to be profitable, and
you need to be condensing positions that maybe aren’t so great or
sexy or attractive for this next run into positions that are
attractive,” he advises. Deutscher also cautions against fixating
on arbitrary price targets or portfolio milestones. “Price targets
are stupid,” he asserts. “The number one way that people wreck
themselves last cycle was attaching themselves to arbitrary numbers
like, ‘Oh, when I hit a million dollars, then I’ll cash out,’ or
‘Oh, when Bitcoin hits 100K, then I’ll cash out.'” Instead, he
recommends implementing an incremental profit-taking system. “For
each coin that you buy, have a plan to shift out set percentages at
certain multiples,” he suggests. “This approach allows investors to
secure gains progressively and adjust to market conditions without
the need to predict exact peaks.” At press time, Bitcoin traded at
$67,347. Featured image from Shutterstock, chart from
TradingView.com
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