beginning of the bear market or the setup for new highs?
i make the case that bitcoin is the only liquidity smoke alarm the US has left and is telling us there arent enough dollars sloshing around the filthy fiat financial system. team red has to print a lot of money, and we will look back at this time as a buy the dip opportunity dressed as "4-year cycles".
going live in 10 minutes 🫡
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I like the format, and I also like the longer format. Your podcast is one of the highest signal in the Bitcoin/macro sphere. You do you.
Yeah, I was also thinking about how the S&P500 will go down a bit because of the AI bubble, so maybe something like 20% in total (and Bitcoin maybe 10% more), and then they'll both (S&P500 and Bitcoin) keep growing again.
Why? Because real estate will be demonetizing too. And cash/bonds is going to be degrading YOY so capital will flow slowly.
S&P500 is the savings technology of the mainstream, Bitcoin will grow with that and eventually also demonetize that, in my view.
Very much worth a listen to get a better idea of the current Bitcoin price action and market sentiment 👌🏼
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How much of this sell off is being driven by the yen carry trade?
