Strive CEO: Bitcoin May See Strongest Macro Tailwinds in History in Next 5-7 Years, USD Weakness Will Significantly Benefit Bitcoin

BlockBeats News, August 19, Strive CEO Matt Cole stated in a post that he has believed for over a decade that the US Dollar Index (DXY) is in a structural downtrend and may be approaching a larger scale downward phase. If this assessment is correct, the macro environment in the next 5 to 7 years for Bitcoin may be more favorable than at any other time in its history.

Cole pointed out that over the past approximately 45 years, the US Dollar Index has shown overall lower highs and lower lows, and the continuous expansion of the US federal debt and fiscal deficit, coupled with rising long-term US Treasury bond risks, also support this assessment at a fundamental level. He believes that policymakers will ultimately need to balance higher real interest rates and tighter financial conditions against lower real interest rates, maintaining liquidity, and to some extent, currency devaluation.

He stated that Bitcoin's previous several major rallies were accompanied by a significant weakening of the US dollar, including in 2017 when the DXY fell from around 103 to 88, from around 103 to 89 between 2020 and 2021, and in 2025 fell from around 108. His baseline assessment is that the US dollar may enter a new multi-year downward trend in the next 3 to 7 years, with the DXY even possibly challenging the low point of around 70 in 2008.

Cole also mentioned that the US Treasury Department today announced that it will at least double the size of liquidity support repurchase operations for 10 to 30-year Treasury bonds. He believes that if the US dollar ultimately experiences a true long-term structural breakdown, the macro tailwind for Bitcoin in the next 5 to 7 years could be significantly stronger than at any other historical stage.