Bitcoin Rockets 130% Since $49K Yen Carry Trade Unwind—Here’s Why It’s Just Warming Up

Flashback to August 2024: Bitcoin briefly kissed $49K as Japan's yield-hungry traders unwound their carry trades. Fast-forward to today—BTC's up 130%, leaving traditional finance scrambling for explanations.

The Reckoning

While Wall Street analysts were busy downgrading crypto, Bitcoin did what it does best: ignored them. The unwind that briefly rattled markets now looks like a blip—another 'buy the dip' moment missed by over-leveraged institutions.

Zerohedge Meets Satoshi

No fancy financial engineering here. Just a decentralized asset doing its thing—cutting through macro noise like a hot knife through butter. Meanwhile, hedge funds still charge 2-and-20 for underperforming the orange coin.

What's Next?

With global liquidity tides turning, that 130% gain might just be the appetizer. The real question: How many more 'black swan' events will it take before portfolios allocate first, ask questions later?