I thought it’d be one of those chill weekends, but nope—Bitcoin suddenly shot up. The funny thing is, this spike didn’t come from big institutions buying in. It looks like retail investors (a.k.a. regular folks like us) decided to jump in early and stir the pot.
Now, here’s where it gets spicy. The U.S. decided to make some electronics imports tariff-free. That kind of move makes you wonder—were those tariffs real economic tools, or just bargaining chips all along?
Even more surprising: there’s talk of Trump pushing to remove income tax. Sounds wild, but if that actually happens, it could trigger crazy inflation—double digits even. I wish my country would do that too. I mean, imagine living in a country where you get taxed for earning money, spending money, saving money, inheriting money, investing money—literally everything. Even owning and parking a car gets taxed. You feel me? That kind of setup makes it feel like we’re broke even when we’re earning.
So back to Bitcoin. You know that “Bitcoin Jump” headline that made waves? Turns out, it really happened this weekend—even though there was some drama around it first.
And here’s a plot twist: rumors are flying that the White House might sell some of its gold reserves to buy Bitcoin. I know, I know—sounds super suspicious. Who exactly are they selling it to? Are they really selling gold or just issuing paper claims? Feels shady. If that’s true, it adds fuel to those old theories about Bitcoin being a CIA project or whatever.
Meanwhile in China, their M1 money supply (the most liquid form of money like cash and demand deposits) jumped 1.6%—way above the 0.3% forecast. This is big, because there’s usually a three-month lag between a spike in China’s money supply and Bitcoin’s price reacting. And guess what? The big spike happened in January, and now we’re in April. Right on cue.
I even wrote about this last week: when M1 supply surges, Bitcoin tends to follow. Why? Because Bitcoin isn’t just running on hype—it’s tied to macro stuff like how much money is circulating. If that money supply grows fast, Bitcoin tends to climb in a more sustainable way—not just from some random tweet or political drama.
So yeah, this isn’t just a weekend pump and dump. There might actually be real fundamentals behind the move this time.
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