Expect a Big Move in Stocks and Bitcoin Soon
n the last report, I presented the argument for a correction in stocks. In previous updates, I have noted that Bitcoin was nearing the end of a period of consolidation near the all-time highs. My take is that both stocks and Bitcoin are ready for a big move in the near future that could start this week.
While most analysts seem to think that Bitcoin and stocks are tightly correlated as “risk assets”, in my opinion that’s old-school thinking. There really isn’t always a high degree of positive correlation between them and the concept of “risk assets” is no longer a real thing in the full-blown age of Debt Monetarism…
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