Overview
- The BitMEX co-founder told the Coin Stories podcast he is waiting for renewed money printing before re-entering.
- He warned Bitcoin could slip below $60,000 with cascading liquidations if macro conditions worsen.
- He linked a prolonged U.S.–Iran conflict to a higher chance of central-bank balance-sheet expansion.
- Bitcoin traded near $69,500–$69,926 today, roughly 45% below October’s ~$126,000 peak.
- Despite near-term caution, he kept a $250,000 long-term target, while analyst Michaël van de Poppe flagged Nasdaq strength as a near-term positive.