Why Bitcoin Needs The Dollar To Die – Brent Johnson

Bitcoin's brutal six-week ETF bleed is finally easing. Santiago Capital's blockbuster 84-page report from Brent Johnson warning that the dollar can't die of weakness — only of STRENGTH, when a sustained DXY spike forces enough sovereign and corporate defaults to compel an alternative system — and today's setup is the cleanest macro inflection point we've seen all cycle. We break down whether the ETF pain peak signals the cycle bottom, what a 2-year yield breakout means for Bitcoin, and why Brent Johnson's "dollar dies of strength" thesis is the most important macro framework you're not hearing about.

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