Mallers believes Bitcoin’s scarcity and global demand position it as the ultimate hedge against economic instability. He states that significant fiscal moves by the incoming Trump administration or large-scale purchases—like America buying 4 million BTC—could push the price to seven figures.
Alternatively, he sees $250,000 as a reasonable mid-term target under favorable conditions.
Fiscal Policies and Rising Debt Drive BTC Optimism
Mallers points to worsening U.S. and global fiscal conditions as a key driver for Bitcoin’s upward trajectory. The U.S. debt-to-GDP ratio hovers near 130%, while global debt exceeds 300% of GDP. Mallers emphasizes that the mounting debt will inevitably result in losses somewhere in the system, likely through currency debasement and asset inflation.
He further explains: “If bondholders aren’t rendered poor, we’ll see additional currency debasement.” Bitcoin, with its fixed supply of 21 million coins, remains the “hardest asset” to produce and inflate.
Mallers argues that these conditions could fuel one of the largest asset bubbles in history, with Bitcoin emerging as the top performer due to its scarcity and decentralized nature.
Bitcoin Technical Analysis
Bitcoin is trading at $105,000, down 1.6% in the last 24 hours, with trading volume steady at $77.5 billion. On the monthly chart, BTC maintains its upward trajectory within a rising channel after breaking above the double-top pattern near $75,000.
