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Strategy (MicroStrategy) is back to aggressive accumulation, adding $835 million in Bitcoin last week, signaling extreme confidence from Michael Saylor. The move immediately triggered backlash from gold promoter Peter Schiff, who called Strategy's model "fraud" and publicly challenged Saylor to a debate.
At the same time, the man with the highest recorded IQ is predicting Bitcoin will rise to $220,000, aligning with broader institutional models: JPMorgan still sees $170K, while ETPs experienced $2 billion in outflows, the largest since February.
Meanwhile, Nick Szabo cautions against "magical" expectations of Bitcoin, and macro analysts warn mixed signals as futures liquidations rock the market.
This is the perfect storm of drama, conviction, and macro catalysts.
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