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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 946.3K followers
Created: 2025-07-14 04:42:04 UTC

Furthermore, when we say Bitcoin has entered "crisis mode" this isn't necessarily a bearish call for other assets.

In fact, risky assets will continue to run higher as the short-term effects of more deficit spending are "bullish."

The long-term effects certainly are not.

![](https://pbs.twimg.com/media/GvypeIAXcAAhEkZ.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944618373004107823/c:line.svg)

**Related Topics**
[longterm](/topic/longterm)
[government spending](/topic/government-spending)
[bearish](/topic/bearish)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/KobeissiLetter/status/1944618373004107823)

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KobeissiLetter Avatar The Kobeissi Letter @KobeissiLetter on x 946.3K followers Created: 2025-07-14 04:42:04 UTC

Furthermore, when we say Bitcoin has entered "crisis mode" this isn't necessarily a bearish call for other assets.

In fact, risky assets will continue to run higher as the short-term effects of more deficit spending are "bullish."

The long-term effects certainly are not.

XXXXXX engagements

Engagements Line Chart

Related Topics longterm government spending bearish bitcoin coins layer 1 coins bitcoin ecosystem coins pow

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