brypto

few reasons to be bullish on bitcoin here:
- generally, markets bottom on recession *fears* <-- we are at def at recession fears, unclear if bottom though
- imo more potential for good news (on tariffs there's negotiations, walkbacks etc, but also general non-tariff good news) that the market is offsides for, whereas it is mostly already pricing in the close-to-worst-case doom and gloom trade war recession scenario
- btc decoupling from risk assets is positive for it functioning as digital gold during uncertainty periods -- simply look at gold chart and the stronger btc gets against risk, the stronger it fulfills this narrative, and mkt will believe it is mispriced relative to gold etc.
- random bottom signals (irl friends talking about market tanking, all over the timeline etc. -- equivalent of the tim walz clip a couple weeks ago)

obv could be way off but believe this is nonconsensus so the asymmetry is there

"and mkt will believe it is mispriced relative to gold"

insightful hypothesis. can see that.

in general like your thought through and structured takes like this.

tbh I don't get most of your one liner smarties (either me to old or you trying too hard 🤣 )