"The Most Bullish Market Structure In History For Bitcoin" | Carlasare, Ross, HODL

<p>Mentor Sessions Ep 101: Joe Carlasare, Dr. Jeff Ross, and American HODL break down why Bitcoin at $85K is poised to break $100K, the dead four year cycle, and AI&#39;s economic impact in 2026.</p><p><br></p><p>Nation states now hold more Bitcoin on a percentage basis than individuals do, and Joe Carlasare and Jeff argue that single fact rewrites the entire bull case heading into 2026. With Bitcoin sitting around $85,000, this conversation makes the case that $100K is the starting bell, not the ceiling.</p><p><br></p><p>You&#39;ll learn why Carlasare calls the recent sell-off a self-fulfilling prophecy, why both guests believe the traditional four year cycle is finally dead, and how the walk from $100K to $1 million could happen faster and easier than most holders expect. You&#39;ll hear why long-term hodlers above $100K are already gone, why the Cold Card capitulation felt like the real bottom, and how liquidity, manufacturing, and speculation (the &quot;three burners&quot;) tell the macro story right now. You&#39;ll also get a frank breakdown of AI&#39;s economic impact, the fight over compute governance, the IP and legal battles facing OpenAI and Anthropic, and the FinCEN rules on self-hosted wallets that were just rescinded.</p><p><br></p><p>⏱️ Timestamps:</p><p>0:00 - Intro</p><p>0:40 - Calling The Bottom At $58K And Where Bitcoin Sits Now</p><p>1:17 - P(Doom) Zero, P(BTC) 100</p><p>2:34 - Nation States Own More Bitcoin Than Individuals</p><p>3:23 - The Entire Sell-Off Was A Self-Fulfilling Prophecy</p><p>4:36 - Why Flipping Green In 2026 Breaks The Four Year Cycle</p><p>6:44 - The Cold Card Capitulation And The Double Bottom</p><p>8:19 - Covid Distorted Every Economic Cycle</p><p>11:03 - Bitcoin Trades On Macro Now, Not The Cycle</p><p>13:14 - Junk Bonds At 14% And Broken Correlations</p><p>14:25 - Only 2.5% From A Green Year, 20% From $100K</p><p>15:30 - Why $100K Unlocks $200K, $300K, $400K</p><p>16:17 - The Walk From $100K To $1 Million</p><p>24:01 - The Michael Saylor Prophecy And Follow-On Buyers</p><p>27:31 - James Check: There&#39;s No Narrative, Just Demand</p><p>30:08 - Strategy Survived The Stress Test</p><p>34:26 - Is The Equity Market Over Its Skis?</p><p>38:19 - Creative Destruction And The AI Economy</p><p>40:35 - HODL On The AI Red Capture And Robo-God Labs</p><p>45:25 - Effective Altruism, The Vatican, And Compute Governance</p><p>47:33 - The Coming AI False Flag</p><p>52:47 - Can You Make AI Labs Legally Liable?</p><p>55:41 - Do Lo