Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is part two of our year and coverage here at the breakdown.

But of course, before we get into that, if you are enjoying the breakdown, please go subscribe to it,

give it a rating, give it a review, or if you want to dive deeper into the conversation,

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All right, friends, now as a reminder of the way that we are approaching this, instead of it just

being a curated list of my 10 predictions, what I tried to do is go through all of the various

reports and prediction papers and all the sort of stuff that's been flying around and tried

to pull out the cross-cutting themes,

even in some cases where people had different feelings about those themes.

So what you're getting then is sort of an aggregation and curation of other people's predictions as well, although, of course, I will insert my own opinions when it makes sense to.

Yesterday, on this 10 predictions list, we talked about one, a Bitcoin-led rally, two, the

ETF coming, three, the rise and fall of CME and what it meant symbolically, and four real-world

assets.

Today, let's once again start with Bitcoin, but let's start with the Bitcoin halving.

One of the big focal points for end-of-year predictions was, of course, the halving, and

particularly whether Bitcoin has enough momentum to reach a new all-time highyear predictions was, of course, the halving, and particularly whether Bitcoin

has enough momentum to reach a new all-time high ahead of it, which is anticipated in April.

Having years have always been bullish for Bitcoin, but typically the bull market really heats

up once the halving has passed. Some industry figures think that this time it could be different.

Blockstream's CEO, Adam Back, thinks that Bitcoin will reach a new

...