Bitcoin is pushing toward $100K, but is the move real or just a positioning unwind? Mike and Ryan break down the CPI surprise, real rates and breakevens, why global liquidity still looks like it’s rolling over, and what the onchain data says about true demand, from ETF flows to long term holder selling, open interest, and funding. Mike explains what would convince him this rally can reclaim $100K as support, and why he’s still staying patient and largely in cash.
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TIMESTAMPS
0:00 Intro
0:14 Next Stop: $100K Bitcoin?
1:10 Positive Price Action
4:54 Powell's Prosecution & Market Impact
6:08 Bitcoin's Moment?
9:14 Understanding Real Rates & CPI
12:19 Global Liquidity & Bitcoin
17:57 Onchain Data Insights
21:47 Market Demand Signals
26:14 Anticipating Market Reactions
32:15 Upcoming Assets on the Watchlist
35:44 Closing
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Not financial or tax advice. For educational purposes only.
