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This Is Not a Drill: Wall Street, Governments, and the Unwashed Masses Eye $150k Bitcoin

BBG News

The clock strikes Sunday, May 11th. Bitcoin, like a prisoner freshly released from solitary, stumbles over the $104,000 line—another 2% up, much to the astonishment of guards and the condemned alike. The invisible hands pushing it upward? Dreary “macro sentiment,” those wisps of official optimism, and on-chain omens—a seance held by men in dark suits trading charts, absently sipping cold tea in windowless rooms.

Against the backdrop of presidential pronouncements (this time, Trump crowing victory in trade negotiations with China), financial mystics turn their weary eyes to an old prophecy: Peter Brandt’s vision of a $150,000 Bitcoin. Closer now, it seems. Or as close as the train that never truly arrives but always rumbles just out of view.


Bitcoin Price Shuffles Past $104,000 as the Great Powers Play Chess

A surge! $104,000, the highest peak since late April. The world’s two largest economies clasp hands in Geneva—nervous fingers, sweating palms. Papers are signed, deficit numbers shaven, diplomats exhale through clenched teeth. Investors, ever the optimists or fools (at this point, who can tell?), reach for their champagne flutes. Bitcoin drifts past $104,200, and all is briefly well in the house of cards.

Ethereum leaps higher too—5.1%, Solana pirouettes after with 4.6%. Yet, Bitcoin dominance, at 53.4%, looms like that unpleasant, bone-crunching uncle at the family reunion: “Hi kids. I’m still the main character in this market drama.”

Down in the vaults of Wall Street, the Spot Bitcoin ETFs take stock: $261 million net poured in over three sessions. The titans—BlackRock, Fidelity—snap up the lion’s share. And so the price hovers, consolidating at highs, like a weary soldier on the eve of battle, with speculators whispering of the next “explosive” week. They always whisper. 📈


Prophet Brandt’s $150,000 Vision—Is It the End, or Just Another Chapter?

On the first of May, 2025, Peter Brandt—veteran, survivor, chart reader extraordinaire—announces (again) that Bitcoin will rise. $150,000, by September 2025. Skeptics smirk, nonbelievers sharpen their pencils. But, like a fox in the Soviet steppe, Brandt doesn’t flinch.

His method? A “megaphone formation”—picture a bullhorn handed to the frenzied masses: “Buy! Panic! CAGR forever!” The price surges, falls, then surges anew with more drama than a Dostoevskian family dinner.

This time, though, he is not alone amidst the snowdrifts. With ETFs suddenly roaring, global leaders playing nice, and even the CME’s Bitcoin contracts reaching five-month euphoria, his voice is sounding less like prophecy, more like a plausible weather report.

Sure, Bitcoin still needs to march—no, storm—past $110,000 to fulfill the legend. But Sunday’s stumble inched ever-foolishly closer to that hallowed ground. Cue swelling orchestral music. 🚂


Why $150k Now Looks as Certain as Tomorrow’s Inevitable Bureaucratic Mishap

  • Institutions Are Here: Wall Street, after years of mocking and lecture-circuit sneering, have quietly fenced over $2 billion into spot Bitcoin ETFs since late April. Old dogs, new tricks—or maybe just new bones.

  • Sovereigns Want In: U.S. states, never ones to miss a trend (see: electric scooters, prohibition, disco), now let treasuries hoard Bitcoin as a “reserve asset.” There’s probably a dusty Texas vault somewhere filled with nothing but private keys and tumbleweeds.

  • as price explodes, old coins refuse to move. An on-chain drama for our digital age.

    “Age Consumed”—think of it as miles ridden by otherwise forgotten Ladas rusting in the Siberian cold—plummets from 49 million to just 2.51 million BTC days in a week.

    Translation: the old-timers, the digital equivalent of grandmothers hoarding rubles under the mattress, are not selling. They witnessed 2017. Survived 2022. They’ll not part so easily with their coins now, even as everyone else chases the pump.

    Every bull market brings a new textbook: the steep drop in Age Consumed corresponds with a sustainable, perhaps hilarious, bull run—until, naturally, the textbooks are rewritten. Supply shrinks. Euphoria grows. Brandt’s $150,000 suddenly looks possible, if not inevitable—if only because, in the words of a wise Russian farmer, “Where else are you going to put your money? Under the cabbage patch?” 🥬🪙

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2025-05-12 03:50

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