Michael Howell, a financial analyst, recommends holding both gold and Bitcoin by suggesting a volatility-weighted basket where Bitcoin’s allocation could reach 50 percent as the asset becomes more institutional. He describes Bitcoin as the most liquidity-sensitive asset on the planet and identifies the $70,000 level as key support for BTC. Howell also anticipates that the Federal Reserve under Kevin Warsh’s potential leadership could maintain a liquidity-friendly environment, supporting risk assets. The discussion covers U.S. debt monetization, the Chinese bond market situation, and the implications of the yield curve for the global liquidity cycle.
Source: Read the original article


