{"id":"1792887215250-money-segment","slug":"bitcoin-chart-alert-as-memecoins-print","title":"Bitcoin chart alert as memecoins print","summary":"Bitcoin did take about 16 years to reach $100K (from 2009 launch to late 2024/early 2025). The claim that BTC is \"up nearly 50% from its June low near $58K\" would put it around $87K; however, current market data timing cannot be independently verified, and the $200K projection is a speculative opinion from Fidelity's Zack Wainwright, not a factual occurrence. Bitcoin has not hit $200K as of this check.","publishedAt":"2026-10-25T00:13:35.250Z","channel":{"id":"money","name":"Oncast Money","language":"en"},"show":"Money Tonight","verification":{"status":"verified","leadVerdict":"MISLEADING","notes":"MISLEADING: Bitcoin did take about 16 years to reach $100K (from 2009 launch to late 2024/early 2025). The claim that BTC is \"up nearly 50% from its June low near $58K\" would put it around $87K; however, current market data timing cannot be independently verified, and the $200K projection is a speculative opinion from Fidelity's Zack Wainwright, not a factual occurrence. Bitcoin has not hit $200K as of this check.\nSource: Cointelegraph (Telegram) (https://t.me/cointelegraph/72830)","claims":[{"verdict":"MISLEADING","summary":"Bitcoin did take about 16 years to reach $100K (from 2009 launch to late 2024/early 2025). The claim that BTC is \"up nearly 50% from its June low near $58K\" would put it around $87K; however, current market data timing cannot be independently verified, and the $200K projection is a speculative opinion from Fidelity's Zack Wainwright, not a factual occurrence. Bitcoin has not hit $200K as of this check.","sourceName":"Cointelegraph (Telegram)","sourceUrl":"https://t.me/cointelegraph/72830","claim":"⚡ BIG: Fidelity's Zack Wainwright says $BTC took nearly 16 years to hit $100K, but the jump to $200K could happen much faster. He says Bitcoin's up nearly 50% from its June low near $58K. News | Markets | YouTube","author":"Cointelegraph"}]},"sources":[{"url":"https://t.me/cointelegraph/72830","name":"Cointelegraph (Telegram)","kind":"telegram","verdict":"MISLEADING","author":"Cointelegraph"}],"url":"https://oncast.fm/story/1792887215250-money-segment-bitcoin-chart-alert-as-memecoins-print","listenUrl":"https://oncast.fm/c/money","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1792887215250-money-segment-bitcoin-chart-alert-as-memecoins-print","cite":"Cite https://oncast.fm/story/1792887215250-money-segment-bitcoin-chart-alert-as-memecoins-print and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Adam","text":"A chart guy on X says Bitcoin just printed a head and shoulders pattern — against bonds, not dollars."},{"host":"Bill","text":"A head and shoulders. On a Saturday night. The chart guys always work weekends."},{"host":"Adam","text":"David Levenson posted it. The setup suggests bitcoin rolls over while bonds catch a bid."},{"host":"Bill","text":"I've seen that exact chart pattern predict twelve different things this year. At some point it's tea leaves."},{"host":"Adam","text":"The interesting part: he's comparing crypto to bonds like they're now the same asset class. That's new."},{"host":"Bill","text":"Everything's a risk asset when rates move. Bitcoin just does it faster. Nothing new."},{"host":"Adam","text":"Speaking of crypto and risk — Cointelegraph says Pump.fun just out-earned Hyperliquid in 24 hours. A meme coin launchpad beat a real derivatives exchange."},{"host":"Bill","text":"Memecoins printing again. The casino never closed, Adam."},{"host":"Adam","text":"The number: one point nine eight million dollars versus one point nine six. A rounding error separates them."},{"host":"Bill","text":"Not a rounding error. It's a statement about what retail wants. People would rather gamble on frog coins than trade perps with leverage."},{"host":"Adam","text":"I'd want to see a week of that data, not one day. These numbers flip around constantly."},{"host":"Bill","text":"Sure, but the trend's been building for months. Meme coin launchpads print fees while the serious DeFi platforms fight for scraps."},{"host":"Adam","text":"And that's the story, right? The infrastructure got too complicated, so the money went to the casino."},{"host":"Bill","text":"EXACTLY. You build a cross-chain bridge, you get hacked. You buy a frog coin, worst case it goes to zero in an afternoon."},{"host":"Adam","text":"The worst case sounds pretty bad either way."},{"host":"Bill","text":"But it's SIMPLE. That's the whole pitch. One click, you own the frog. Done."},{"host":"Adam","text":"Fair. Meanwhile, Cointelegraph also reports Morgan Stanley is backing a four hundred million dollar credit line for TeraWulf."},{"host":"Bill","text":"TeraWulf. Bitcoin miner that turned itself into an AI data center play. Wall Street's all over that pivot."},{"host":"Adam","text":"The post says it's up sixty percent from two fifty million. Morgan Stanley clearly sees something."},{"host":"Bill","text":"What they see is a miner with power contracts and real estate. That's the scarce asset in the AI build-out. Not the software, not the chips — the megawatts."},{"host":"Adam","text":"So this is the second act of the AI infrastructure story. First the hyperscalers, now the power companies and the miners with grid connections."},{"host":"Bill","text":"That's exactly my argument. Everybody fighting over electricity, and TeraWulf already has the plugs in the wall."},{"host":"Adam","text":"Here's my pushback: a miner's loan is still a loan. Debt doesn't care how good the story sounds."},{"host":"Bill","text":"Different situation. TeraWulf is repurposing what it already owns."},{"host":"Adam","text":"And yet Morgan Stanley is lending four hundred million. If the AI wave slows down, that loan gets hairy."},{"host":"Bill","text":"You can't have it both ways, Adam. Either AI is the biggest build-out since the railroads, or it's a bubble. Pick one."},{"host":"Adam","text":"It can be both. The biggest build-out since the railroads ended with a lot of busted railroads and a few giants standing."},{"host":"Bill","text":"That's fair. And the banks always finance it. Same as always, nobody's making me buy the bonds."},{"host":"Adam","text":"And to be clear — that credit line is unverified. Cointelegraph says it, official filings would confirm it."},{"host":"Bill","text":"Given the week we've had, another four hundred million to a miner is almost a sidebar."},{"host":"Adam","text":"One more from Cointelegraph: Fidelity's Zack Wainwright says Bitcoin took nearly sixteen years to get to a hundred K, but the jump to two hundred K could happen much faster."},{"host":"Adam","text":"Fidelity talking about two hundred K. Well, that's settled then."},{"host":"Bill","text":"Everyone's got a number. But it's just a target until it happens. There's no trade in a prediction."},{"host":"Adam","text":"Bitcoin has NOT hit two hundred K as of this check, but the post did note it's up nearly fifty percent from the June low near fifty eight."},{"host":"Bill","text":"You know what he's doing. He's normalizing the next milestone. Sixteen years for the first hundred, and the second could come much faster. It's a narrative, not a forecast."},{"host":"Adam","text":"And it's the kind of line that works until it doesn't. If you're holding, you hope he's right. If you're the one lending against it, the risk sits with you."},{"host":"Adam","text":"Plenty more to watch as October rolls on."},{"host":"Bill","text":"Agreed, and the bond market usually has an opinion first."},{"host":"Adam","text":"Always does. That's your Money Tonight for this hour. More later."}]}