The announcement just hit that President Trump is gonna sign a bill into law today, letting 401(k)s scoop up crypto and other assets that were off-limits as reserve assets until now. The market’s already hyped, with BTC hovering around $116,000 on the news.
Those doom-and-gloom fuckers are probably losing their minds since they got sidelined at $111,000. Is BTC gonna moon this week or maybe the next? Probably not, but the stars are lining up damn nice for a crazy end-of-year rally.
Word is, pension funds have something like $12 trillion to throw into markets, and even if they dump just 10% into crypto, that’s about $1.2 trillion. Some folks are already crunching numbers to figure out how BTC might react to that kind of cash flow.I wouldn’t bet on BTC hogging all that dough, though. Based on statements from all sorts of media outlets about the bill, it looks like pension funds can buy crypto, not just BTC.
If only BTC got that $1.2 trillion over a few months, its price might climb to $150,000 or higher, but I’m not sold on that idea.
Still, this bill hitting the books could spark some next-level FOMO, lifting a ton of crypto assets. Meme coins? Probably not so much, ‘cause big money will likely stick to heavy hitters like BTC, ETH, SOL, and maybe even DOGE.We’re probably looking at rate cuts in September too, which might signal the beginning of the end for this bull market. Just my hunch, mate…
But it’s damn clear more folks will be drawn to hard assets like Bitcoin in the years ahead. Don’t buy into Saylor’s bullshit that there won’t be a crypto winter—there’ll be one, like every damn cycle.These are just signs we’re about to hit the mania phase of the market.
My two cents, mate… What’s your take on this shit? Have a great day, and I’ll catch you all next time.
Thanks for your attention,
Adrian
