Crypto Unhinged
This is just an idea, but I think btc may broaden a bit and reach for 32k. A lot of people are caught on the spot BTC narrative but financial institutions have more worries than whether or not they can carry BTC Spot on an ETF.
Media will keep lifting BTC and crypto will keep getting sold to anyone willing to take a risk. We're at the start of a major financial event and BTC as an asset is hardly a safe store of value. The market is massively manipulated and is, for me personally, off limits as a tradable asset. It does not have any alpha in it, and so this prediction is surely wrong.
I think that BTC will hit 32k and it will sell with risk assets. But it may not. Crypto has faded in a world full of uncertainty. Even bonds cant hold up, so BTC hardly seems like an enticing place to hold value today.
I'm pretty sure we'll see 25k again.
20k. 18k.
Who knows. Be prepared both ways. Equity may unravel slowly and BTC looks decoupled, but I'm looking at it more defensively right now.
Media will keep lifting BTC and crypto will keep getting sold to anyone willing to take a risk. We're at the start of a major financial event and BTC as an asset is hardly a safe store of value. The market is massively manipulated and is, for me personally, off limits as a tradable asset. It does not have any alpha in it, and so this prediction is surely wrong.
I think that BTC will hit 32k and it will sell with risk assets. But it may not. Crypto has faded in a world full of uncertainty. Even bonds cant hold up, so BTC hardly seems like an enticing place to hold value today.
I'm pretty sure we'll see 25k again.
20k. 18k.
Who knows. Be prepared both ways. Equity may unravel slowly and BTC looks decoupled, but I'm looking at it more defensively right now.
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