“Of Course It’s Time To Buy”: The Bull Case Nobody Wants To Hear w/ John Gillen
Speakers
John Gillen
— Co-Host, Milk Road Macro
LG Doucet
— Host, Milk Road Show
Summary
John Gillen presents a bullish case for crypto, arguing the entire digital asset space is undervalued amid bearish sentiment. He sees Bitcoin below $70K as a good deal, calls Ethereum a top macro bet for the coming decade, and is watching Solana, TIA, and SUI for shakeout entries. LG Ducet also speculates that crypto could benefit from a rotation out of overvalued AI stocks.
- John Gillen believes digital assets are severely undervalued and present a great buying opportunity.
- He considers Bitcoin below $70K attractive and expects the bottoming process to conclude before Q4 2026.
- Ethereum is highlighted as a multi-year macro bet driven by tokenization and stablecoin adoption.
- He is watching Solana, TIA, and SUI for idiosyncratic shakeouts to accumulate.
- Macro conditions, including falling inflation and Fed reforms, are supportive of the ongoing bull run.
- LG Ducet speculates that profit-taking from AI stocks could rotate into beaten-down crypto.
- Patience and conviction are emphasized as key to capturing asymmetric upside in digital assets.
Ideas
Watch SOL, TIA, SUI for shakeouts.
He is watching strong projects like Solana, TIA, and SUI for idiosyncratic cataclysmic events that shake out weak hands, providing excellent entry points once Bitcoin's bottoming process feels more confident.
Bitcoin below 70K is a good deal.
Bitcoin below $70K is a good deal; he is comfortable buying at these levels and has bids set lower, believing the bottoming process will create opportunities even if another dip occurs.
Ethereum is a great long-term macro bet.
Ethereum is one of the best risk/reward macro bets for the next 5-10 years, set to benefit from tokenization, stablecoin adoption, and agentic finance; he holds a large position and will accumulate more on lower lows.
Up Next
This Milk Road Macro video, published June 22, 2026, features John Gillen discussing SOL, SUI, TIA, BTC, ETH. 3 trade ideas extracted by AI with direction and confidence scoring.