Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM, BTC has been one of the best performing assets this year following the bear market and I notice you have been neutral all year. Given the possible ETF approvals, network and lindy effects, high amounts of government debt and debasement of currencies around the world, halving in April 2024. What would it take for you to be bullish?
Hi Nathan,
Firstly, it’s important to note MM is a stock market service as opposed to crypto and as such we tend to use the likes of Bitcoin at certain junctions in time as a indicator of liquidity in circulation, clearly important with regard to stocks. However, we feel you are being a little unfair to say we are always neutral per se:
Our interpretation of Bitcoin is derived from charts only, we don’t have any fundamental insight into crypto’s, so we simply revert to price action to determine our views. The best report to see our current outlook towards Bitcoin/cryptos is our Macro Monday Report.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
