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