Bitcoin’s 2017-Style Comeback: Why You’re Probably Not Ready for It 🚀

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Okay, so Julien Bittel at Global Macro Investor just dropped a video with a title so dramatic, even M. Night Shyamalan would nod in approval: “The Macro Outlook for 2025: BIG Moves Ahead.” Take a moment to clutch your pearls, people, because Bitcoin might be gearing up for another 2017-style joyride. Or, as I like to call it: *The Financial Hunger Games, But with Code.*

Get Ready for Bitcoin’s “Hot Business Summer” 🌞

According to Bittel—who probably has more spreadsheets than you have unread emails—the macro “summer” of 2025 is about business cycles picking up steam, while inflation chills out, sipping a margarita poolside. Central banks? They’re finally catching their breath, avoiding the whole “overtighten-and-regret-it” dance. It’s like trying to find balance on a yoga ball—if the yoga ball were a global economy.

Meanwhile, factories are humming again, countries are hitting expansion mode, and the global financial vibe feels less like a haunted house and more like a mildly messy Airbnb. Sure, there are tiny speed bumps—like quick “uh-oh” moments in the data—but Bittel’s all, “Relax, Karen. It’s just short-term turbulence.”

Oh, and did I mention declining bond yields and a weaker dollar? Yeah, apparently those things are like gold stars for central banks to scream, “MORE LIQUIDITY!” China, especially, is doing its best Oprah impression: “You get cash! YOU get cash!” Cue the inevitable comparisons to 2017, because what’s the financial world without a little nostalgia-fest?

Inflation: Slower Than Your Friend Who Always Cancels Plans

Bittel dove into inflation like it’s his favorite true-crime podcast. Turns out, housing prices are dragging their feet and keeping inflation artificially high. But Julien predicts they’ll simmer down far enough for central banks to ease up even more. So, while commodities might bump up inflation later, he’s not sweating it too hard.

Bitcoin: The Rollercoaster You’ll Pretend You Were Brave Enough to Ride 🎢

Alright, Bitcoin fans, here’s your moment to shine. Bittel dropped some stats that could make even your skeptical uncle intrigued. Back in 2017, when some business metrics hovered around “meh” (read: ISM Index was barely above 50), Bitcoin went on a roaring 23x trip. That’s like your basic discount airline ticket suddenly becoming a private jet!

Fast forward to today, the business cycle is in the “just warming up” phase, and Bitcoin might be setting its sights on a similarly epic saga. Bittel’s not promising a 23x gain, but he’s basically saying, “Hey, don’t be shocked if it happens, okay?” Of course, he sprinkles in reminders that, hey, Bitcoin is volatile—and by “volatile” we mean 20–30% drops are a thing. Don’t lose your avocado toast money over it.

You, Bitcoin, and 2025: A Love Story (With Drama, Naturally)

Here’s Julien’s vibe: every rise in Bitcoin’s mega-history has come with a side of economic growth, falling interest rates, and a liquidity party. AND, if China keeps up its generosity, Bitcoin might become the stuff of legend (again). But don’t just YOLO all your funds into it — the man literally said, “Corrections are normal.” Translation: chill out and buckle up because *it’s not always a straight line, folks.*

The big takeaway? Stick to the rollercoaster if you’re game, but don’t forget the seatbelt—and maybe keep a bottle of wine handy for the inevitable dips. Oh, and Bitcoin currently sits at a casual $97,710. No big deal.

Bitcoin price chart

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2025-02-10 18:42