Bitcoin is a “generational opportunity” as the Trump administration threatens to overhaul global trade while economic indicators signal that central banks could flush markets with cash, according to two Bitwise executives.
“World is literally on the brink of max chaos,” Bitwise Asset Management’s head of alpha strategies, Jeff Park, said in a Feb. 16 X post.
Park pointed to a Feb. 12 House Republican budget plan to raise the debt limit by $4 trillion, which would aim to boost government spending, along with a trend of increasing deglobalization, in particular, Donald Trump’s newly escalated threat of reciprocal tariffs.
Park also noted what he called “max retardation” to come in the markets, noting a “gold run tail risk,” the GOP’s “unprecedented tax cuts” of up to $4.5 trillion, along with what he believed was imminent yield curve control (YCC) — where a central bank targets long-term interest rates aiming to stimulate borrowing and investment.
Federal Reserve Chair Jerome Powell threw cold water on the possibility of more interest rate cuts to come this year — telling the Senate Banking Committee on Feb. 11 that the US economy is “remaining strong” and the US does not “need to be in a hurry to adjust” rates.
“People are wildly underestimating the massive leaps Bitcoin is going to take into the mainstream this year,” Bitwise CEO Hunter Horsley wrote in a Feb. 16 X post. “Never been more optimistic.”
“And BTC IV percentile is lowest all year and you dont see this generational opportunity so no we are not the same,” added Park, referring to Bitcoin’s 
BTCUSD implied volatility percentile — the percentage of days over the past year where its volatility was below its current level.
Bitcoin’s volatility index is currently sitting at 50.90, down from its yearly high of 71.28, with its IV percentile sitting at 12.3, according to Deribit data.
Bitcoin is down over 1.5% in the past 24 hours to trade at just over $96,000, according to CoinGecko.
So far this year, it’s traded in a range of between $90,000 to $100,000 but hit a peak of $108,786 late last month amid Trump’s inauguration.
The market sentiment tracking Crypto Fear & Greed Index is sitting at a score of 51 out of a total of 100 on Feb. 17 — a marker that the market is “Neutral.” Market sentiment has improved from a level of “Fear” last week but is down from a level of more positive market sentiment seen last month.
Opinion: Coinbase and Base: Is crypto just becoming traditional finance 2.0?
