Fan of their writing and analysis: https://capriole.com/issue-33/
To quote:
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So, we have three incredible catalysts on the very near horizon:
1. The best inflation hedge and hardest commodity known in a macro environment with the tightest economic conditions on record which is primed to pivot.
2. Institutional regulatory status and on-ramps with imminent ETF approvals by the SECs
3. The Halving event, forecast for 16 April 2024.
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Of course everything could go the exact opposite way — such is markets. Plenty more shoes that *could* drop, but I find it unlikely we’ll see sub-$20K Bitcoin again before we see 6 figures.