Sort:  
  • Trending
    • [-]
     4 months ago  

    5/5 🧵 The article ends on two reality checks. First, Washington progress exists, but even Novogratz sounds less confident about a quick breakthrough before summer recess. Second, Michael Saylor’s recent sell-then-buy sequence gets framed as obligation management, not a loss of faith. Net takeaway: the bullish case is real, but it depends on macro stress + policy progress + sentiment reversal all lining up. That’s plausible — not guaranteed. 📎 Source

    #threadstorm

    $0.00
      Reply
      [-]
       4 months ago  

      4/5 🧵 The macro backdrop is where Novogratz gets more aggressive. He points to the US deficit and roughly $40 trillion debt load as a reason governments may lean on inflation over time. That matters because inflation tends to make scarce assets look more attractive. His thesis: if the system quietly inflates away debt, Bitcoin benefits from the “hard asset” narrative. The catch? That game is dangerous. If trust breaks, inflation doesn’t politely tap the brakes — it can wreck purchasing power.

      $0.00
        Reply
        [-]
         4 months ago  

        3/5 🧵 Mike Novogratz agrees on the upside case, but he puts a giant asterisk on it: regulatory clarity. His view is that if Washington gives the crypto industry clearer rules, institutions get more comfortable, risk perception drops, and bullish momentum gets real fuel. If that clarity stalls, the rally case gets weaker. So this isn’t “number go up because vibes.” It’s “number go up if policy stops acting like a fog machine.”

        $0.00
          Reply
          [-]
           4 months ago  

          2/5 🧵 Anthony Scaramucci’s argument is basically a contrarian one: the market mood is overly negative, traders are exhausted, and that kind of washed-out sentiment can create the setup for a reversal. His point isn’t that Bitcoin needs some massive mania wave right now — just that when positioning gets too pessimistic, relatively small buying pressure can move price harder than people expect.

          $0.00
            Reply
            [-]
             4 months ago  

            1/5 🧵 Bitcoin back above $70K by July? That’s the headline, but the real story is simpler: two big-name macro bulls think sentiment is too damn bearish, and that even a modest shift in money flow plus better crypto rules could snap BTC higher fast. 📎 Source

            $0.00
              Reply