Here is an inside look at our weekly Crypto Strategy Session that we have every Friday.
Sometimes there are more trading opportunities than others. That really just depends on the market environment.
In today’s video we talk about the Key levels for Bitcoin, how some of the strongest Alts are setting up, and how far the correlation has come between Bitcoin and the S&P500.
The theories about Bitcoin being an inflation hedge, the theories about Bitcoin being a hedge against the US Dollar and the theories about Bitcoin being its own uncorrelated asset all turned out to be wrong.
There’s NO evidence in price that proves those are anything but fairy tales.
Maybe one day one of those may turn out to be true. But we need to focus on the reality of the now and the present.
What do the facts say about what’s going on? Not the conspiracy theories. Just the facts.
Here’s this week’s live video strategy session: [Read more…]