Core Viewpoint - Bitcoin has underperformed in 2023 compared to gold and the Nasdaq 100, but there are expectations for a significant recovery in 2026 due to monetary debasement and returning liquidity [1][2]. Group 1: Bitcoin Performance and Outlook - Bitcoin is lagging behind the Nasdaq 100 Index by approximately 50% year-to-date, positioning it for potential strong performance in 2026 [2]. - The current weakness in Bitcoin is attributed to a softer risk appetite and tight liquidity, but the long-term thesis for Bitcoin remains strong [2]. - Historical trends suggest that as currency devaluation increases and liquidity returns, Bitcoin typically responds positively [2][3]. Group 2: Broader Market Trends - The investment strategy includes a focus on monetary debasement, technological advancements, and the increasing importance of hard assets like gold and Bitcoin [3]. - There is an expectation for gold prices to rise to $5,000, reflecting a more than 10% increase from current levels, with gold having risen over 70% this year [4]. - A bull market in natural resources is emerging, driven by demands from artificial intelligence, energy transitions, robotics, and re-industrialization, which are seen as foundational for the new economy [5].

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Long term: Inflation and valuation splits.If subsidies meet higher tariffs, inflation pressure could creep back. Hard assets and cash-flow-rich companies may lead the next cycle.The best part? You can trade the ones you believe in directly onchain: https://t.co/MSexjlLhsK https://t.co/Iv55QfzLwX ...

Market Overview - The cryptocurrency market capitalization has decreased by 0.9%, now at $4.33 trillion, with fewer than 10 of the top 100 coins appreciating in the last 24 hours [1][2] - Total crypto trading volume is reported at $193 billion [1] Price Movements - 92 of the top 100 coins are down, including 9 of the top 10 coins; Bitcoin (BTC) is down 1.1% to $123,375, and Ethereum (ETH) has fallen 1.2% to $4,535 [2][3] - Dogecoin (DOGE) experienced the largest drop of 3.4%, while Binance Coin (BNB) is the only coin in the top 10 that appreciated, rising by 2% to $1,200 [3] Top Gainers and Losers - Among the top 100 coins, only eight are up, with Provenance Blockchain (HASH) leading at a 13.4% increase to $0.03745 [4] - The largest declines are seen in Pump-fun (PUMP) and Ethena (ENA), which dropped by 9.4% and 8.5%, respectively [4] Market Sentiment and Trends - The "debasement trade" is gaining traction due to rising national debts and political instability, leading to a shift from fiat assets to cryptocurrencies [5] - Bitcoin's recent surge past $125,000 and gold's new highs indicate increasing demand for hard assets [5] Future Projections - Analysts predict that Bitcoin could reach $145,000 by the end of the year or early next year, following its recent high above $125,000 [6] - There is an expectation of a potential bear market next year, with the depth of the sell-off yet to be determined [6] - Spot ETF inflows are seen as a significant factor driving Bitcoin's price, indicating strong interest from institutional investors [6]

Investment Strategy - A barbell strategy involves investing in crypto and tech, holding Bitcoin as hard assets, and keeping fiat for working assets [1] - Fiat currency is primarily used for optimizing the lack of downside rather than upside potential, unless one is a forex trader [1] Currency Strength - The currency is considered one of the strongest [1]

Economic Concerns - The US is facing an almost $3 trillion deficit [1] - Potential consequences of the Federal Reserve cutting rates to 1% are being questioned [1] Investment Strategy - Recommendation to invest in long hard assets [1] - Suggestion to "relax and enjoy the ride," implying a long-term investment horizon [1]

Market Performance (YTD) - Hard assets tend to rise when the dollar falls, according to CryptoQuant [1] - Gold has increased by 32.47% [1] - Silver has increased by 31.77% [1] - Bitcoin has increased by 23.34% [1] - USD has decreased by 9.53% [1]

Market Trends - Hard assets such as gold and Bitcoin are expected to benefit from multi-decade tailwinds due to a global bond exodus [1]

Group 1 - The overall market indices and sectors did not experience significant downturns, indicating a stable market environment [1] - The focus is on buying hard assets and stocks that are breaking out of a base, rather than those that are declining [2][3] - Intel Inc. is highlighted as a stock with potential for growth, suggesting it is not too late to invest [4][5] Group 2 - Intel has established a solid base since October/November 2024, indicating a foundation for potential growth [6] - The daily chart shows that Intel is currently in an accumulation phase, with strong momentum and leadership [7][8] - For further growth, Intel must close above the 50-week moving average and surpass the highest weekly close since November, specifically over 26.25 [9][10][11] - If these conditions are met, Intel could potentially reach prices of 32 and then 40.00 [12]