BITCOIN BOTTOM IS IN? Tom Lee Calls It As Global Uncertainty Spikes | Mark Yusko

In this episode of *The Wolf Of All Streets*, host Scott and guest Mark Yusko dive into the growing consensus that Bitcoin may have hit its bottom, with Tom Lee’s bullish call on the crypto market serving as the catalyst. They explore the idea that the recent ceasefire in Iran—though tenuous—may be symbolic of broader global uncertainty that’s driving institutional interest in Bitcoin as a safe-haven asset. Yusko emphasizes that while macro events like geopolitical tensions can create short-term volatility, they aren’t the root cause of Bitcoin’s price movements. Instead, he highlights structural shifts: the collapse of leverage-driven speculation, the rise of institutional accumulation (evidenced by Morgan Stanley’s Bitcoin ETF launch), and the emergence of a clear accumulation pattern with higher highs and higher lows. The conversation also touches on the strategic use of Bitcoin by sanctioned nations like Iran, who are leveraging excess energy to mine crypto and bypass dollar-based sanctions. Yusko warns against overreacting to short-term signals like an empty mempool, arguing that activity has shifted to Layer 2 solutions. Ultimately, he sees crypto winter ending in September, with a potential spring of renewed enthusiasm and adoption driven by real-world utility and macroeconomic forces.