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

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

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

The European Central Bank (ECB) is asking the public to advocate for laws against Bitcoin (BTC), claiming that every time the crypto king rallies, it financially drains the rest of society.

In a new research paper, the ECB says that the top crypto asset by market cap has strayed away from the original vision of Satoshi Nakamoto, its mysterious pseudonymous creator, which was to give the world a superior way of making digital payments.

“The original promise of Nakamoto (2008) to provide the world with a better global means of payment has not materialized. Instead, the focus has increasingly shifted to Bitcoin as an investment asset promising high capital gains.

Since Bitcoin does not increase the productive potential of the economy, the consequences of the assumed continued increase in value are essentially redistributive, i.e. the wealth effects on consumption of early Bitcoin holders can only come at the expense of consumption of the rest of society.

If the price of Bitcoin rises for good, the existence of Bitcoin impoverishes both non-holders and latecomers.”

The authors of the ECB paper argue that Bitcoin exists to extract value from latecomers and non-holders. For this reason, the ECB urges the general public to convince politicians to pass legislation that forces BTC to “disappear.”

“In any case, current non-holders should realize that they have compelling reasons to oppose Bitcoin and advocate for legislation against it, aiming to prevent Bitcoin prices from rising or to see Bitcoin disappear altogether. Latecomers and non-holders and their political representatives should emphasize that the idea of Bitcoin as an investment relies on redistribution at their expense.” 

Bitcoin is trading for $69,200 at time of writing, up over 1% during the last 24 hours.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3