Bitcoin is entering a new phase as the Fed quietly shifts back toward balance sheet expansion and the market begins to reveal which assets can survive a decade of structural monetary distortion. In this episode Joe Consorti breaks down why liquidity is returning, why the four year cycle may be fading, and why bitcoin remains the strongest asset in a world where Main Street weakens and Wall Street inflates. We walk through the signals that matter most for 2026 and why disciplined, long horizon investors should stay focused on bitcoin's role as the apex monetary asset.
Timestamps:
00:00 – Joe Consorti returns and reflects on past bitcoin calls
01:02 – Why the Fed’s new policy feels like 2019 QE-lite
03:29 – Market reaction: stocks rip, bitcoin lags
05:17 – Trump’s likely new Fed chair and what it means for bitcoin
07:35 – Why the Fed’s “brakes” no longer work
09:37 – Fiscal dominance: Treasury and Fed become one
12:33 – The K-shaped economy explained
15:53 – Why the Fed always sacrifices Main Street for Wall Street
17:22 – Bitcoin as the escape from financial repression
21:04 – Digital credit and how bitcoin flips bond markets
25:39 – Bitcoin’s sensitivity to financial conditions
28:53 – Why liquidity expansion historically ignites bitcoin
31:39 – Credit spreads: the number one risk signal for bitcoin
33:11 – Bitcoin outlook for early 2026
39:11 – Is the four-year cycle dead or alive?
44:24 – ETFs and new buyers reshape bitcoin market structure
49:38 – Why bitcoin corrections should be shallower this cycle
52:23 – Final thoughts and what to expect in Q1