“The bitcoin bullrun starts now”: Norberto Giudice

Norberto Giudice, creator of content on financial education in cryptocurrencies also known as “CriptoNorber”, revealed to CriptoNoticias what he expects for the market.

Where is the price going to go? bitcoin (BTC)? Will there be an altseason in this cycle? When can it be convenient to sell to take profits?

We talked about that and much more in an interview with the Argentine influencer living in Miami, who has more than 200,000 followers between his two main social networks, Instagram and YouTube.

The conversation, which can be read below, took place on November 1 at the LABITCONF event. Precisely, it happened after a conference he gave on strategies and care in investing in crypto assets in the face of the expected bull run.

How do you think the market’s reaction will be to a possible victory of Trump or Harris?

Now we are very close and it seems that Trump is going to win. According to Polymarket, it is close to 60% probability. We have to see if it is true or not.

I said in previous conferences that, if Trump wins, he could enable a super cyclewhich is a more bullish cycle than normal. If Kamala won, we were still waiting for a bullrunhe bullrun common, thinking of a bitcoin above 100,000 dollars.

If Trump wins (that is on November 5), and on November 7 the Fed, which has the meeting, lowers the rate a quarter of a point, which is what is most likely to happen, then we could talk about this super cycle where bitcoin would even go close to $200,000.

Those are the two options. In both cases, I am a long-term bull.

If Kamala wins, there will be a fall and then it would rise, since bitcoin has to rise because the halving came. And in the case of Trump, I think the fall will be smaller, some “sell the news” of those that always happen, but then the rise will inevitably come and probably the super cycle.

When do you think the peak of this cycle will be?

For me, the bullrun start now. In fact, this week started with the break of the bearish channel that we had been dragging since March. This is the beginning.

Simply projecting, based on previous cycles, based on the duration of the bullruns previous ones, you know it’s going to end and we’re going to have a all time high (ATH) by the end of next year.

It doesn’t mean that I’m going to wait until the end of next year to sell because that could be very risky. What I’m going to do is sell more or less in the middle of next year in stages.

Many are saying that there will not be an altseason in this cycle. Others say yes. How do you see it?

Yes, there is a possibility, especially if this occurs. super cycle. He super cycle It has to do with lower rates, Trump winning and the ETFs they are pushing.

If the ETFs (BlackRock and those who are buying), get into the FOMO, which we ordinary human beings usually get, and they start to buy so aggressively and they get a little bit of ambition… if the funds with all the power that they have do that, they are going to push that one super cycle and you are going to see bitcoin rise very strongly.

What’s happening? There are only ETFs for bitcoin and Ethereum today, so it could happen that only bitcoin rises and drags down the rest, but the rest does not rise as much as bitcoin and we do not have altseason, but rather we have a very strong role in bitcoin in a super cycle.

And how do you see Ethereum in this whole panorama?

Unfortunately, Ethereum is not having as much success in ETFs as bitcoin is. I just told it today in the presentation. That’s why I remember the number by heart, not that I always know it: to date, 24 billion have been purchased in bitcoin ETFs (billionsin English) of dollars. Instead, Ethereum ETFs come negative [con 500 millones de dólares en salidas] because Grayscale sold more than the rest bought.

So, the impact for Ethereum ETFs was negative and for bitcoin ETFs it was very positive.

On the other hand, we have the Dencun upgrade, which happened in March-April of this year, which made Ethereum more inflationary, improved the technology, lowered the feesbecame more scalable. For technology it is great, but for the price of ether in particular it may not be so good because it is now cheaper.

It is cheaper to transact, but at the same time fewer ethers are burned, so many more ethers are being produced than are burned. It became inflationary and that is why the price is falling.

Between that and the fact that the Ethereum ETF is not being as successful as the bitcoin one, I sold part of my Ethereum position and bought more bitcoin and a little bit of Solana.

Also, other cryptocurrencies that are starting to compete with Ethereum, right?

Yes, the famous Ethereum killer. “Which one is going to look for the space?” he said today in the talk.

All cryptocurrencies are small Ponzi schemes until proven otherwise. In other words, bitcoin has already proven the opposite. Bitcoin is the store of value, it is where I put the savings for myself, for my family, for my inheritance.

Now, who is going to find the decentralized decentralization platform space where programmers are going to take shelter? Until now, Ethereum had been winning with Solidity and the largest developer community in the world. But there are these “Ethereum killers” (in quotes because no one is going to kill anyone, but somehow there are others who are trying to seek that position).

Solana is quite strong. At the time, there was Polkadot and Cardano. Well, there were several who were looking for that position…

That’s what I say “until proven otherwise.” You have to find the place where they add value. When they demonstrate that they add value as Bitcoin already did, they will stay there and look for that second position in market cap.

At a regulatory level here in Argentina, with this new implementation of the registry of virtual asset service providers (PSAV), how do you see it?

I think Argentina took a turn towards a freer path. That’s what we’re supposed to be seeing in the government.

In fact, this week at the Central Bank they had an exhibition on mining and bitcoin things, which was strange, so I love it. I think we are on a more deregulated and freer path of development. At least, that’s what the government seems to propose. But it’s missing… we have to see what happens.

We have to see how the government is doing. We have to see what regulations they really put into play. But, I am optimistic with the government, with the regulations and with Argentina as a country.