Suze Orman’s Take on Bitcoin

Suze Orman, the renowned financial advisor and host of the “Women & Money” podcast, has been vocal about her views on Bitcoin. Although she has previously expressed skepticism about cryptocurrencies, Orman now acknowledges Bitcoin’s potential.

In a recent interview with CNBC Make It, Orman discussed the importance of including Bitcoin in one’s investment portfolio. She stated, “Everybody should absolutely have exposure to Bitcoin. But in case I’m wrong — and I’ve been wrong — you gotta be OK with losing that money. So put as much money in there as you’re OK losing.”

Orman’s advice underscores a critical aspect of investing in Bitcoin: the inherent volatility and risk. Despite her cautious stance, she recognizes the growing interest among younger investors who could drive Bitcoin’s value higher in the future.

Bitcoin and the Next Generation

Orman believes that as younger investors gain wealth and mature financially, Bitcoin could become a more prominent investment choice. She noted, “As younger people make more money and mature, Bitcoin will be one of their investments of choice, and that will cause it to go up.”

Despite her views that Bitcoin may never become a conventional currency or a stable store of value, Orman acknowledges that the enthusiasm and interest among younger demographics could lead to significant price increases. This sentiment aligns with recent findings from Triple. A, which revealed that over 560 million people globally own cryptocurrencies. Notably, 34% of these owners are between the ages of 25 and 34, a demographic that is expected to drive future growth in cryptocurrency markets.

Indicators Point to Potential Bull Run

Despite Bitcoin’s recent price challenges, several technical indicators suggest that the cryptocurrency could be gearing up for a bull run. One such indicator is the widening of Bitcoin’s Bollinger Bands. This technical tool, which measures market volatility, is currently showing increased price fluctuations.

Although Bitcoin is currently near the lower Bollinger Band, a pattern observed a month ago preceded a significant price surge to $65,000. This historical precedent raises the possibility of a similar bullish breakout in the near future.

Historical Patterns and Market Sentiment

Vivek, the founder of Bitgrow Lab, has drawn comparisons between Bitcoin’s current price patterns and those from previous bullish cycles. He suggests that Bitcoin’s behavior from 2022 to 2025 mirrors the trends observed from 2014 to 2017, indicating a potential for substantial gains.

AMBCrypto’s analysis of market sentiment, based on data from IntoTheBlock, also supports a positive outlook. The sentiment analysis shows 13 bullish signals versus 12 bearish signals, suggesting that overall market sentiment is skewed towards optimism.

Resistance Levels and Potential Breakout

For Bitcoin to confirm a bullish trend, it must break through the key resistance level at $59,993. This price point is crucial as it could signal the start of a new bull run if surpassed. As Bitcoin approaches this resistance, traders and investors are closely watching for any signs of a breakout.

Conclusion: A Cautious but Optimistic View

Suze Orman’s cautious optimism about Bitcoin reflects a broader trend of increasing confidence in the cryptocurrency, tempered by an awareness of its risks. While Bitcoin has faced challenges in breaking through the $60,000 barrier, various indicators and historical patterns suggest that a significant price increase could be on the horizon.

As always, potential investors should approach Bitcoin with a clear understanding of the risks involved and be prepared for volatility. Orman’s advice to invest only what one can afford to lose remains a prudent approach for those considering adding Bitcoin to their portfolios.

With growing interest from younger investors, widening Bollinger Bands, and positive market sentiment, Bitcoin might very well catch fire in the near future. However, as with any investment, caution and due diligence are essential.