Tuesday, June 25, 2019

Bigger than anyone expected. History rhymes but doesn’t repeat.

Bitcoin has broken an important historic pattern by breaking the bear trend with a rally well above 50% of the previous all time high. The historic patterns might not be a guide here on out.

I believe the entrance of institutional wealth en mass that began with Fidelity’s custody platform will add great sophistication to the market than the traders making predictions based on historic patterns.



No comments:

Post a Comment