LIQUIDITY · CYCLES
Julien Bittel
As of 29 September 2026, Julien Bittel holds 12 current views on Headge, 10 Bullish, 2 Bearish. The latest is Bullish on BTC over 1 Year. Every view links to the original post or video.
Global Macro Investor. High-volume chart posting on liquidity, cycles and leading indicators.
VIEWS 8
LAST PUBLISHED 4D AGO
Catch-Up
Generated 08:00 ET
The picture is unchanged: a prospective Strait reopening and lower crude are the near-term catalyst for easing inflation, lower short rates and a softer dollar, freeing liquidity and opening the door to Fed easing. That liquidity backdrop supports $GLD and $BTC, while the longer-run thesis is a productivity cycle led by AI investment spreading from software into hardware, factories, power and grid infrastructure. The key qualification is crude: a move above $110 would postpone the setup.
At Generation 6 Bullish · 0 Neutral · 2 Bearish
Mix By Horizon
1 Week
0 BULL 0 NEUT 0 BEAR
1 Month
3 BULL 0 NEUT 2 BEAR
1 Year
3 BULL 0 NEUT 0 BEAR
Held
BTC
BULLISH
Bitcoin should outperform through a regime shift from debasement-driven gains toward productivity-led growth, supported by rising liquidity and a weakening dollar. Year GLD
BULLISH
Gold should run as a bull steepener lowers the dollar and short rates, releasing liquidity once oil, rates, and currency hedging pressures ease. Month Liquidity
HIGHER
Liquidity should rise as lower oil, rates, and the dollar reduce hedging demand, release capital, and allow banks to lend against freed balance-sheet capacity. Month AI
BULLISH
AI and robotics should drive a long productivity boom as banks finance expanding hyperscaler capex, hardware, factories, power plants, and grid investment. Year XLK
BULLISH
Technology should compound through a productivity-led regime as AI investment expands beyond software into robotics, factories, power infrastructure, and grid buildout. Year USO
BEARISH
WTI crude should move lower if a Strait reopening deal lands before the midterms, while a break above $110 would delay this liquidity-driven setup. Month Fed Policy
EASIER
Fed policy should pause and then reverse toward easing if lower crude cools headline inflation and gives Warsh cover after demonstrating bond-market credibility. Month DXY
BEARISH
The dollar should fall as the yield curve bull steepens, short-end rates decline, and easing oil, rates, and hedging demand release global liquidity. MonthA daily catch-up of talking heads, in fifteen minutes.
Sentiment Graph
Today
SENTIMENT GRAPH
Current Views
ANALYSTDIRECTIONTOPICSUMMARYHORIZONFRESH
Julien Bittel LIQUIDITY · CYCLES BULLISH Strong
BTC Bitcoin should outperform through a regime shift from debasement-driven gains toward productivity-led growth, supported by rising liquidity and a weakening dollar. DIRECTION ONLY
Year 4d Julien Bittel LIQUIDITY · CYCLES BULLISH Strong
GLD Gold should run as a bull steepener lowers the dollar and short rates, releasing liquidity once oil, rates, and currency hedging pressures ease. DIRECTION ONLY
Month 4d Julien Bittel LIQUIDITY · CYCLES HIGHER Strong
Liquidity Liquidity should rise as lower oil, rates, and the dollar reduce hedging demand, release capital, and allow banks to lend against freed balance-sheet capacity. DIRECTION ONLY
Month 4d Julien Bittel LIQUIDITY · CYCLES BULLISH Strong
AI AI and robotics should drive a long productivity boom as banks finance expanding hyperscaler capex, hardware, factories, power plants, and grid investment. DIRECTION ONLY
Year 4d Julien Bittel LIQUIDITY · CYCLES BULLISH Strong
XLK Technology should compound through a productivity-led regime as AI investment expands beyond software into robotics, factories, power infrastructure, and grid buildout. DIRECTION ONLY
Year 4d Julien Bittel LIQUIDITY · CYCLES BEARISH Strong
USO WTI crude should move lower if a Strait reopening deal lands before the midterms, while a break above $110 would delay this liquidity-driven setup. LEVELS · RESISTANCE 110
Month 4d Julien Bittel LIQUIDITY · CYCLES EASIER Moderate
Fed Policy Fed policy should pause and then reverse toward easing if lower crude cools headline inflation and gives Warsh cover after demonstrating bond-market credibility. DIRECTION ONLY
Month 4d Julien Bittel LIQUIDITY · CYCLES BEARISH Strong
DXY The dollar should fall as the yield curve bull steepens, short-end rates decline, and easing oil, rates, and hedging demand release global liquidity. DIRECTION ONLY
Month 4d Julien Bittel LIQUIDITY · CYCLES HIGHER Strong
Earnings Corporate earnings continue rising strongly enough to offset valuation-multiple compression from higher yields, keeping US equities resilient rather than signaling stagflation. DIRECTION ONLY
Month 14d Julien Bittel LIQUIDITY · CYCLES HIGHER Moderate
Growth The US business cycle remains intact despite elevated fuel prices, with domestic energy production cushioning oil-shock pressure and avoiding a stagflationary contraction. DIRECTION ONLY
Month 14d Julien Bittel LIQUIDITY · CYCLES BULLISH Moderate
BTC Bitcoin is an outlier pricing an unsupported liquidity peak, while still-rising global liquidity should ultimately support a recovery in the asset. DIRECTION ONLY
Month 257d Julien Bittel LIQUIDITY · CYCLES HIGHER Strong
Liquidity Global liquidity has not peaked and is expected to continue rising, supporting risk assets through 2026 despite Bitcoin pricing a liquidity-cycle peak. DIRECTION ONLY
Month 257d
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