The Global Wealth Rotation Just Started

"if we use what we learned from the prior cycles, which is that it takes Bitcoin about 1 year to go from peak to bottom, that would put us at around October of this year to reach our bottom. But it could also happen as early as May."

"it seems like, at least for now, the bull cycle is over and we're now in the part of the cycle where all this leverage is getting flushed out, right? And we might just go sideways for a while, maybe for the rest of the year."

"there could be a point in time this year when Bitcoin might go up, maybe even close to that 50week moving average, close to six figures. That's when the bears are going to look silly. But then there could be a reversal and by Q4 we get a huge move down and the bulls are going to look silly."

"we are now most likely in the middle of a major capital rotation event. In this case, this is when stock markets go down and potentially spend 10 or more years trying to get back to the level they were at before this event started."

"these rotations typically last between 5 to 10 years. And during those times, the stock market can either collapse or go sideways in real terms. while hard assets got the real returns."

"I think that's a very real possibility that hard assets like gold and eventually commodities like oil could outperform the stock market and that could last a while. What if we are actually in one of those 5 to 10 year scenarios where this capital rotation happens like the 1970s or the early 2000s where hard assets structurally outperform the rest of the financial market."