Thanks Peter. Much appreciated. Makes a lot of sense that $$ flowing out bonds will need to find a home somewhere… small caps and bitcoin are likely recipients. Bitcoin is trading very much in step with small caps… and with small caps at down a fair bit at support and with market breadth thin and mainly supported by large caps, your logic and thinking is reasonable.
What’s your opinion on potential bear flag on BTC? Or do you think macro factors will play out as we all hope they will?
Thanks for great video!
PS: maybe in the future we could see you on the camera and virtually interacting via live Q&A? it would be a nice feature 🙂
Thanks Peter. Much appreciated. Makes a lot of sense that $$ flowing out bonds will need to find a home somewhere… small caps and bitcoin are likely recipients. Bitcoin is trading very much in step with small caps… and with small caps at down a fair bit at support and with market breadth thin and mainly supported by large caps, your logic and thinking is reasonable.
Patience pays profits…
Hopefully there is a rotation from crypto to gold/silver!