Oct. 23 at 4:48 PM
$MTPLF $SBET Double the 2009 powder keg. But now Bitcoin exists as 24/7 institutional-grade scarcity with ETF rails.
THE FOUR HORSEMEN TRIGGERS
3-month T-Bill drops below 4.0% from 4.8%
Fed confirms sequential cuts beyond one-and-done
High-yield spreads compress below 350bps
Crypto ETF inflows sustain above
$2B weekly
All four converging = detonation sequence.
THE BITCOIN MATHEMATICS
MMF pile:
$7.4 trillion at 5% yields
Bitcoin supply: 21 million fixed, 96% mined
BlackRock IBIT:
$100B AUM in under 10 months
If 5% rotates (
$370B): Bitcoin
$280-350K
If 10% rotates (
$740B): Bitcoin
$550-700K
If 15%+ with sovereign buying: Bitcoin
$1M+