Why does $BTC pump when rates stay high?
The Fed playbook is broken. High rates should kill risk assets, but here's the truth: governments are flooding the system with liquidity to roll over debt.
Key mechanic:
• 70-80% of global capital markets = debt rollover
• Fed + Treasury pumping through 4 major liquidity channels
• They call it "Not QE" but the effect is the same
The alpha:
• Every 1% increase in global liquidity drives $BTC up 5-6x harder than equities
• On-chain + liquidity models pointing to $100k by EOY
This isn't a normal cycle. Debt spirals force constant money printing regardless of rate policy. $BTC doesn't care about your textbook macro.
The bull run just started.
The Fed playbook is broken. High rates should kill risk assets, but here's the truth: governments are flooding the system with liquidity to roll over debt.
Key mechanic:
• 70-80% of global capital markets = debt rollover
• Fed + Treasury pumping through 4 major liquidity channels
• They call it "Not QE" but the effect is the same
The alpha:
• Every 1% increase in global liquidity drives $BTC up 5-6x harder than equities
• On-chain + liquidity models pointing to $100k by EOY
This isn't a normal cycle. Debt spirals force constant money printing regardless of rate policy. $BTC doesn't care about your textbook macro.
The bull run just started.