Bitcoin is surging again, but is this the start of the next huge crypto bull run, or a classic bear-market spike?
In this video I look at what may really be driving Bitcoin higher: US Treasury liquidity, interest rates, inflation fears, gold, geopolitical risk and the possibility that Bitcoin is once again behaving as flight capital.
My long-standing view is simple: gold is for war, Bitcoin is for flight.
So what does this sudden vertical move actually tell us?
I look at:
• Why Bitcoin has suddenly jumped
• Whether Treasury liquidity is behind the move
• Why a vertical Bitcoin chart makes me cautious
• The relationship between Bitcoin, gold and global risk
• Whether Middle East tensions could be influencing crypto
• Why I still don't see Bitcoin heading straight to $250,000, $500,000 or $1 million
• What would make me change my bearish view
• What I think happens next
Bitcoin can move incredibly quickly, and narratives tend to arrive after the price has already moved. The important question isn't simply whether Bitcoin is going up. It's why.
This is my analysis, not financial advice. Always do your own research and use other people's views as raw material for your own thinking.
