Global markets are navigating a high stakes tug of war today. Following an address to the nation where President Trump signaled harder strikes against Iran, reports have surfaced that Iran and Oman are drafting a protocol to monitor traffic through the Strait of Hormuz. While oil prices have retreated from their session highs, the crypto sector remains under stress, with Bitcoin trading at $66-67K dollars.
Joining Jeremy Szafron to break down this volatility is Michael Terpin, founder and CEO of Transform Ventures and author of Bitcoin Supercycle. A digital asset pioneer since 2012, Terpin explains why he believes we are currently in the “Fall Phase” of the cycle, a period characterized by retail panic and a potential capitulation event coming this October.
In this deep dive, Terpin reveals his price targets for the current correction, the behavior of Satoshi era whales, and why Michael Saylor is on a path to owning 2.1 million Bitcoin. We also explore the macro “debasement trade” where gold typically leads the market before Bitcoin follows, and how the convergence of AI, robotics, and crypto will fundamentally change the global economy.
Recorded April 2 2026
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Timestamps:
00:00 Market Shock Overview: Trump, Iran, and the Oman protocol.
00:57 Meet Michael Terpin: Intro to the founder of Transform Ventures.
02:05 Bitcoin Seasons Framework: Understanding fear and greed in the market cycle.
04:00 Buy Signals and Price Targets: Why Terpin is eyeing the 40,000 to 55,000 range.
05:26 ETFs and Treasury Buyers: Analysis of retail outflows and Michael Saylor’s strategy.
09:47 Sovereigns and Venture Sentiment: Strategic reserves and the age of the voter.
11:24 Supply Shock and Next Bull Run: When to expect the “Rocket Ship” summer.
12:50 Where Venture Is Heading: Stablecoin plays and the barbell investment strategy.
15:38 Midterm Crashes and Deleveraging: How the Satoshi program impacts cycle timing.
18:06 Quantum Computing Risk: Responding to Google’s latest AI cryptography reports.
19:35 Debt Cycles and CBDCs: Why the debasement trade favors gold first.
23:21 Stablecoins as Global Money: From liquidity tools to third world savings accounts.
25:09 AI Disruption and Supercycle: A preview of Pandora’s Blocks and AI agent commerce.
28:45 Final Advice and Wrap Up
#Bitcoin #Macro #KitcoNews #MichaelTerpin #Gold #Trump #Iran #MarketCycle #BitcoinPrice #Investing #Finance #MichaelSaylor
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25 Comments
Michael Terpin says Bitcoin may still have downside ahead, with a possible move into the 40K to 55K range before the next major leg higher.
Do you agree?
Is this just another brutal shakeout before a new cycle high, or is the market telling us something more serious?
And one more question for our gold bugs: if gold moves first in a debasement trade and Bitcoin follows later, which asset do you trust more right here, right now?
where you day go
We're having an energy crisis so hows that cryoto ponzy still alive?
Do they literally have to kill the internet to prove its a ponzy 😅
a million subs?!? Vaca wooh!!
The market is reaching new highs. Means no expensive wars, No inflation, no unemployment, No recession, A great economy. I guess I am reading the wrong news??
Super Computers will steal the crypto 😮 in
Just wondering why there haven’t been new episodes of this for several days?
Bitcoin = toilet. we are heading into a major energy crisis, do you seriously think the so called elite are going to allow an energy eating asset like bitcoin to carry on using up tons of energy to farm worthless bitcoins, lines of code with no tangible or functional value to anyone. This is the prefect time for them to kill switch any undesired crypto currencies. The bitcoin winners are the ones who bought it 15 years ago, todays bitcoiners are holding the bag. Gold is the true asset
Okay….so Micheal Saylor is structuring himself to hold BTC forever and eventually hold most of all BTC. Obviously you still have a few others in this space; however, if they all hold it for “the store of value” and don’t sell it’s worth nothing. You can’t treat it like currency on one hand and say it’s a store of value, but on the other hand never trade it. Makes absolutely no sense. Why store even fiat in something that you’re never going to use? Idiocracy here we come!
There are so many reasons why people try to convince themselves not to own BTC instead to studying it and figuring out for themselves is this something you think has value you cant answer this question if you have not done at least 100 hours studying it. For this reason many people will get left behind by not scaling the hurdle rate.
Tether USDT was created after Obama started Operation Chokepoint to cancel Bitcoiners bank accounts. Now you don't need the banks.
In every debt‑driven cycle, gold reacts to the crisis and Bitcoin reacts to the policy — that’s why one moves first and the other moves further
Bitcoin 10% in 5 years… One of the biggest bullshit stories ever told…Along with another story. LMAO.
Here is a simple scenario…. I want to cash in on my bitcoin when the banks fail and the Shit hits the fan.
Tell me how you are going to cash in and how you are going to buy Food and shelter. Convince me in the comments!
Presenters with crappy routers are hard to listen to.
Is this guy using a strobe light for a microphone?
BitCON = digital air
Audio sucked but good stuff
The halving is useless
95% is mined
Only 1.5 million left for next 124 years 😂😂😂😂😂
Your gonna miss btc buddy
Manufacturing hit 52
Last time this happened 3 times the btc was at lows
And Iran didn’t crash it
It’s the low
no one ever mentions capital gains from long term btc holdings are 15 percent and gold is 30 percent,let that sink in
AI Crypto 😂😂😂😂😂😂😂😂
I appreciate your unique reporting.
This is gross 🤮
Bs
Audio sucks