US Government Actions Spark Bitcoin Price Prediction

A macro investor is predicting a strong move for Bitcoin (BTC) based on the US government's actions, which he believes will lead to money printing. Jordi Visser argues that Washington's yen intervention is a sign of fiscal strain and that this will be followed by increased money printing, making BTC an attractive investment opportunity.

Visser connects BTC to the AI trade, suggesting that it will become a deflationary hedge as AI drives down the cost of goods. He believes scarcity will become a key pitch for investors in this scenario.

However, spot ETF flows tell a different story, with roughly $385M exiting Bitcoin ETFs last week despite inflows reaching $1.1Bn earlier in August. This suggests a tug-of-war between profit-taking and structural demand.