BTC – the canine is again
The fixed underperformer is again to puking. We now have to confess we thought BTC would truly catch as much as a few of the equities squeeze momentum, however that was clearly incorrect. The classical NASDAQ vs BTC hole is getting large. Second chart reveals the liquidation. There are completely zero establishments that need/want this sort of volatility…and this stays as bitcoin’s largest downside (chart 3).
Supply: Refinitiv
Supply: Coinalyze
Supply: JPM
BTC – whenever you attempt to catch up…
…and what you might be chasing reverses decrease as properly. The BTC vs ETH hole stays very large…
www.zerohedge.com/the-market-ear/pukeisback