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

do you think all markets bottom on recession fears or just bitcoin?

my worry is tariffs have a real impact on spending which creates a real recession

prob just talking about btc here, so i guess betting on continued decorrelation

btc tends to bottom out before equities, and like you said the tariffs can have real business impact on the underlying assets