The Wolf Of All Streets

Bitcoin To Hit $250,000 This Year, Even With Tariff Insanity

Apr 10, 2025
Peter Tchir, Head of Macro Strategy at Academy Securities, shares his insights on how Trump's tariffs could impact crypto prices and global markets. He discusses the potential for Bitcoin to hit $250K by year-end despite economic turbulence. The conversation also touches on the volatility of the stock market, the implications of political rhetoric, and the evolving landscape of cryptocurrencies like Ethereum. Plus, Dan from The Chart Guys offers essential market insights and actionable trade ideas.
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ANECDOTE

Island Cleanup with Dana White

  • Scott Melker shares a personal story about cleaning up an uninhabited island near Miami Beach with UFC CEO Dana White.
  • This experience was unique and memorable, as it involved no food, water, or sunscreen and an interview on a deserted island.
INSIGHT

Tariff Conflict Deepens Market Stress

  • The tariff conflict is an epic disaster causing stress reflected in corporate bond spreads and market reactions.
  • China's tougher stance and Xi's different approach add complexity and uncertainty to negotiations.
INSIGHT

Global Companies Defy Nationalism

  • Global companies operate multinationally and optimize supply chains far beyond national borders.
  • Trump's tariff approach wrongly assumes companies are strictly domestic, ignoring global interconnectedness.
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