Visser Sees Bitcoin Soaring on Money Printing and AI Trade

A macro investor, Jordi Visser, shared his Bitcoin price prediction on the Wolf of All Streets podcast. According to him, the US government's yen intervention is a 'tell' that they are under fiscal strain and will likely resort to money printing. He believes this trend will be reflected in Bitcoin prices.

Visser also connected Bitcoin to the AI trade, stating that it will act as a deflationary hedge once AI drives costs toward zero. He sees scarcity as the key pitch for BTC in this scenario.

Somewhat contradicting his view, spot ETF flows show a mixed story. Roughly $385M exited Bitcoin ETFs last week as prices slipped by nearly 3%, despite inflows topping $1.1Bn earlier in August.