The Wolf Of All Streets Bitcoin Ready To Explode As Trump Era Is Officially Coming
Jan 16, 2025
Matthew Sigel, Head of Digital Assets Research at VanEck, explores the potential for Bitcoin to reach new heights with the upcoming presidential inauguration. He discusses how macroeconomic shifts, including a possible U.S. downgrade by Moody's, may affect crypto. The conversation delves into Bitcoin's growing recognition as a strategic reserve asset and the implications for future financial sovereignty. Additionally, the potential use of cryptocurrency in real estate is highlighted as an innovative response to rising mortgage rates.
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Bitcoin and Strategic Reserve Odds
- Bitcoin's price is highly correlated with the odds of a strategic Bitcoin reserve.
- This creates a binary situation: Bitcoin goes up if a reserve is announced, and down if not.
Altcoin Drawdown and Buying Opportunity
- The altcoin drawdown post-election was larger than in previous cycles, indicating deleveraging.
- This sell-off, combined with negative funding rates and bearish sentiment, may present a buying opportunity.
Potential U.S. Credit Downgrade
- Moody's may downgrade the U.S. credit rating due to unsustainable debt dynamics.
- This downgrade could be politically motivated and timed with Trump taking office.