We're On to Next Leg of Bitcoin Rally, Morehead Says

The video discusses the current state of the cryptocurrency market, focusing on open interest and perpetual swap contracts. It analyzes past bear market cycles, suggesting a transition to a bull market. The speaker forecasts Bitcoin's growth, noting its historical average increase and the emergence of diverse crypto projects beyond Bitcoin and Ethereum.

What is the speaker's standard forecast for Bitcoin's growth rate?

What does the speaker imply about the importance of projects other than Bitcoin and Ethereum?