Darius Dale, founder of 42 Macro, anticipates near-term volatility for Bitcoin due to declining funding liquidity. He nonetheless sees a return of liquidity in 2027 as more likely than not, which could drive Bitcoin higher over the following 12 to 18 months. He argues that Bitcoin deserves a portfolio allocation given its distinct exposure compared to stocks and gold. His thesis is notably based on a potential new accord between the Federal Reserve and the U.S. Treasury to address the debt problem.
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