Good Morning all…
Before you watch the video.
There is something that is happening with Bitcoin.
It is coming away from its disparity with Nasdaq. How long for is a different story..
Over the past 12 hours, when nasdaq rises, bitcoin drops.
Now this could mean that the correlation is not positive right now.
Will it hold?
Ideally, if the fed comes out and says they are going to get more aggressive then it means the cost of doing business is rising. This will impact everything across the board and traders will seek saftey.
So keep an eye on Gold…
Mad Love
T
