Bitcoin 34% MTD/Buy Energy:Everything You Need To Know For The Week Ahead
Bitcoin, Gold, Bonds, Macro, Portfolio Update, Intermarket Analysis, Core PCE and more...
Todays model tells us everything. The market is still screaming risk on in the long run.
Speaking of risk on…
Let’s talk about Bitcoin-It is having a rapid move higher, with a 12% increase this week and a 34% increase this month, indicates that the digital currency is entering a stage where it is appealing to people who chase performance. When people think of trend following, they think of that. The reality is that every trend following signal you can think of has been long for over a year now.
One more thing.
Seasonality is not everything but it certainly can tell you when you should be thinking bullish or bearish. We have been long, we have pointed all of these things out. Glad to hear many of you have taken advantage of that trade.
Futures Swing Trading Portfolio (Pictured with no leverage) Actual return is 18.5%.
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