The macro points to a recession. Interest rates are at an all time high (Since 2007). Bonds are fucked. Stocks are just barely bouncing back. And yet here we are. Crypto is pumping like recession is a myth.
Maybe retail is getting smart, or it's just the BlackRock ETF hype. Nevertheless this rally is a force to be reckoned with.
Now imagine if Papa Powell reduces rates, the ETF actually gets approved and Governments start loosening the noose.
Then 100k BTC will be a conservative estimate. Exciting times indeed.
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