Today’s Nuggets
Polymarket BTC Expected Value 2025
BTC Logarithmic Cycle indicates $267K in 2025
Ray Dalio: Bond Market is Bust?
Long End is Suffering Badly
Try Doubling Your Money with Bonds
Consumers Feeling The Pain
Strategy & Saylor doing another $2.1BN of $STRF
IBIT Options Going Off
This is called Bondpocalypse, which, in a word, breaks down everything that is going on.
It has been a rough couple of days that were quite restless, but they have also been incredible. People are wondering, what is going on in the world? Everything they read is catastrophic and terrible, yet the Bitcoin price is going up.
I will also be covering price targets and predictions today.
Bitcoin hit $112,000 three times the other day.
It is now a top-five asset, having just leapfrogged Amazon. The Bitcoin market cap is just shy of $2.2 trillion. This is up $19,000 from the last time I shared it.
I would be happy with $120K, to be honest. Let us go a bit deeper into the betting markets.
On Polymarket, 3% believe Bitcoin could hit $1 million this year.
I think that the expected value was $147,000 from all these numbers, which is close to the $143,000 previously referenced. 83% of Polymarket believes it will reach $120,000, which was my 2023 price target for 2025.
Three years out, I forecasted
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