The "Once a Decade" Bitcoin Moment: Macro Shifts Point to Unprecedented Surge
A prominent crypto commentator, known as "plur daddy" (@plur_daddy), has unveiled a compelling macro thesis predicting a monumental surge for both Bitcoin and gold. This isn't merely another market cycle, but a "once a decade" event triggered by an evolving global financial landscape and potential shifts in U.S. monetary policy. The analysis places these alternative assets at the forefront of investor attention amidst concerns of increasing liquidity and eroding institutional credibility.
US Policy and the Liquidity Wave
The core of "plur daddy's" argument hinges on the prospective influence of a potential Donald Trump presidency over the Federal Reserve. Should a Trump administration successfully assert greater control over U.S. monetary policy, it could lead to aggressive rate cuts and potentially some form of yield curve control—tactics not seen in the U.S. since the 1940s. Such moves would likely trigger a massive wave of liquidity, fundamentally undermining the dollar and forcing institutional participation into alternative stores of value. This perspective positions Bitcoin not primarily as a halving-linked "four-year cycle" asset, but as a pure beneficiary of liquidity conditions and declining trust in traditional financial systems. Federal Reserve Chair Jerome Powell has publicly defended the Fed's independence, yet market participants closely watch political appointments and pressures.
Global Dynamics Fueling Crypto's Rise
Beyond U.S. domestic policy, the thesis highlights Europe's evolving stance on leveraging frozen Russian sovereign assets to finance new loans to Ukraine. This "de facto seizure" of assets is seen as significantly bolstering the rationale for cryptocurrencies, emphasizing their role as decentralized, censorship-resistant alternatives to state-controlled wealth. Concurrently, the rapid rebuild of the Treasury General Account (TGA) into late Q3 has underscored Bitcoin's hypersensitivity to shifts in market liquidity. While aggressive TGA refills can briefly drain market liquidity, the overarching trend suggests a liquidity-rich environment where Bitcoin thrives, often moving when gold's momentum slows. This macro-driven outlook has resonated with notable traders and strategists, many of whom anticipate a significant new leg higher for Bitcoin, potentially by Q1 2026. Bitcoin is currently trading around $113,121, reflecting this complex interplay of economic forces.
