Macro Guru Sees US Trouble

Macro investor Jordi Visser on Wednesday said the U.S.’ yen intervention signals the government is in financial trouble—and Bitcoin (CRYPTO: BTC) is his top bet to capture the money printing that follows.

Why Visser Calls Bitcoin The Purest AI Trade? Visser outlined in the Wolf Of All Streets podcast that Bitcoin and AI intersect not because they move together short term but because AI will disrupt every business on earth over the next five years.

As disruption spreads across industries, people increasingly seek assets that remain resistant to change, and Bitcoin’s fixed scarcity makes it a natural choice.

According to Visser, the coming wave of AI deflation will drive the cost of goods and services toward zero.

In that environment, investors focus more on preserving value against deflation than inflation, and Bitcoin’s fixed supply gives it an advantage.

Why Visser Sees Yen Intervention As A Major Bitcoin Signal? Visser noted the Treasury’s decision to intervene in the yen signals printing is beginning.

The U.S. carries enormous debt, a worsening deficit, and rapidly growing AI capital needs.

The government cannot raise rates because interest expense already exceeds defense spending, leaving the only option as running the economy hot and hoping AI productivity catches up. “The intervention in the yen is the signal that the U.S. is in trouble,” Visser said. “And I don’t think the pressure on the yen is going to go away.” Treasury Secretary Scott Bessent’s call for the Fed to raise the FIMA repo facility cap is the blueprint, Visser argued.

Japan collateralizes its U.S. treasury holdings at the Fed, gets dollars, buys yen, and the Fed prints the dollars.

He compared the structure to what happened after SVB.

Why Bitcoin Has Not Rallied Yet And When Visser Expects It To? Visser said Bitcoin is following the same script as Micron Technology (NASDAQ: MU ) in early 2025, when the AI memory trade was obvious but the stock could not break out for months before going up eight to ten times within a year.

He is watching the 200-day moving average as the equivalent clearing level for Bitcoin.

The fact that Bitcoin absorbed Strategy (NASDAQ: MSTR ) selling, the Coldcard hack, Clarity Act odds falling below 20%, and U.S.-Iran war fears without breaking is the most bullish signal possible, Visser pointed out.

What He Is Watching Beyond Bitcoin? Visser concluded that Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) need to participate alongside Bitcoin for a true bull market to begin.

He is watching Dogecoin (CRYPTO: DOGE) as a retail sentiment indicator, noting it briefly broke its 20-day moving average for the first time in months before pulling back.

Moreover, he expects 2027 to be the year of consumer AI agents transacting on-chain, calling it the biggest catalyst crypto has ever seen.

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