MacroScope
@MacroScope17
Topics: institutional trading, asset management and monetary policy. Tweets are opinions only and are not intended as advice.
가입 August 2017
362 팔로잉 중 90.6K 팬
Adding to my post below from yesterday. See these new comments from Ray Dalio, which he posted a few hours ago:
"I expect non-government-produced monies like gold and Bitcoin to do relatively well."
"I suggest...overweighting gold and a bit of Bitcoin."
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Not a stretch to say that in the past couple days, BTC has been on the screens of more institutional managers than it has in a long time. That's because it's starting (emphasis on that word) to trade exactly the way you'd expect it to based on the market's increasing focus on debt.
This scenario has always been a core thesis for BTC. Whenever news starts to validate a long-held investment thesis for an asset, and price starts to reflect this, traders should be paying attention.
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