Why a Bond Market Crisis Could Push Bitcoin Back Above $100K: Fundstrat

00:00 Zach

Every time we have you on, normally, things are down. But right now, things are up. And I think the biggest question that everyone in our community is asking right now is, hey, ask Sean if we were actually in the clear. So,

00:10 Zach

I guess we'll start there. Are are you buying this this move higher?

00:15 Sean

Yeah, Zach, I I I uh I actually meant to buy some puts before I came on today just because uh

00:23 Sean

Yeah, we're we're like eight for eight on red days when I'm when I'm on on your show, but I think we might be in the clear today. We'll see, you know, not on would, but um,

00:33 Sean

you know, all joking aside, I I do think, um, you know, I think last time I was on, I was I was getting more encouraged. I think we were showing a lot of signs of a bottoming process beginning, but we did not have any sort of indication that the liquidity regime was going to turn, do not have a compelling macro story just yet to hang our hat on because at the end of the day,

00:58 Sean

liquidity and the growth of liquidity relative to the growth in earnings, that is a life blood of Bitcoin and Bitcoin is for better for worse and and this is changing, right? We're seeing idiosyncratic out performance, but by and large, the market goes as Bitcoin goes. So, you know, if you're analyzing the crypto market, if you're a liquid token investor, it makes sense to spend the