Bitcoin to the Moon! 🚀

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Breaking News: Bitcoin is Coming for Your Grandma’s Treasury Bonds! 😱

Hunter Horsley, the big cheese at Bitwise, is super stoked about bitcoin. Like, really, really stoked. He’s been tweeting up a storm, saying that the real opportunity for bitcoin isn’t just being digital gold, but rather the $30 trillion in U.S. Treasuries used as a store of value. 💸

The opportunity for bitcoin isn’t just gold. It’s the $30T+ using Treasuries as a store of value.

But wait, what’s going on here? Mohamed A. El-Erian, the chief economic advisor at Allianz, was all like, “Hey, U.S. Treasuries aren’t doing so hot as a flight-to-quality vehicle.” And Horsley was all like, “Yeah, yeah, yeah, but bitcoin is where it’s at, baby!” 🤩

Apparently, El-Erian pointed out that U.S. Treasury yields didn’t do much of anything after the Israeli attack on Iran, but gold and silver were like, “Hey, we’re over here! Invest in us!” 🤑 Horsley took this as a chance to say, “Hey, bitcoin is the new cool kid on the block, and everyone’s going to want a piece of the action!”

Horsley’s been a bitcoin fanboy for a while now, and he’s still super optimistic about its influence on institutional finance and retail behavior. He even said that there are some big-time bitcoin purchases by public companies that are still pending, so we can expect some major demand in Q3. 📈

There’s a lot of bitcoin treasury companies that have announced— but haven’t yet closed, and thus bought the bitcoin. There’s a lot of demand coming in Q3.

And let’s not forget, Horsley loves how discreet bitcoin ownership is. Like, tens of millions of people own it, but nobody wants to talk about it (except on bitcoin Twitter, of course!). 🤫

Oh, and he also thinks that once bitcoin hits $130-150k, nobody’s going to want to sell it. Like, it’s going to be the ultimate game of musical chairs, and everyone’s going to want a seat! 🎶

Read more about Horsley’s predictions here.

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2025-06-16 03:57