Natalie Brunell: Retail Still Isn’t in Bitcoin… And That’s Extremely Bullish
Speakers
Natalie Brunell
— Host, The Brunell Broadcast
Summary
Natalie Brunell shares a cautious near-term outlook for Bitcoin, expecting further downside to the 30s-40k range before a true bottom. She highlights institutional adoption via ETFs and military interest, but notes retail remains absent. Long-term, she is extremely bullish on Bitcoin adoption.
- Natalie expects Bitcoin to bottom in Q3/Q4 2026 in the 30s-40k range.
- She is keeping dry powder to deploy at lower levels.
- She cites macro risks from the Strait of Hormuz closure and potential equity crash.
- She notes that retail investors have not yet returned to Bitcoin, which she sees as bullish long-term.
- Institutional adoption via ETFs and pension funds is strong.
- The US Navy is running a Bitcoin node, highlighting its security use case.
- She believes Bitcoin will eventually reach a billion users over the next decade.
- Gold has outperformed Bitcoin recently but she expects Bitcoin to regain ground.
Trade Ideas
Avoid Bitcoin now, buy lower later.
Near-term bearish on Bitcoin due to macro risks from the Strait of Hormuz closure, potential equity market crash, and historical bear market patterns suggesting the bottom is not yet in. She expects Bitcoin to decline further into the 30s-40k range (Q3/Q4) and is keeping dry powder to deploy at that lower level.
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This Milk Road Macro video, published April 24, 2026, features Natalie Brunell discussing BTC. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Natalie Brunell · Tickers: BTC