But this time it's riskier than in 2020:
Higher interest rates have exposed deep vulnerabilities in debt & global order is cracking.
Tariffs are also tightening the flow of capital and supply chains are under pressure.
This leaves 2 possible outcomes:
Outcome 1:
Trump's plan works and the Fed cuts rates
$BTC pumps with rate-induced inflation
Outcome 2:
Foreign retaliation escalates & the dollar weakens
$BTC emerges as the global monetary alternative
Trump's 1st term saw crypto pump fast and with massive volatility.
Now, with more capital, more debt, and higher stakes, we could witness version 2.0.
The fed has already announced a closed door emergency meeting.
If they cave, we get rate cuts.