Bob Elliott(@BobEUnlimited):Bitcoin reinforcing in recent days that it is not driven by rising geopolitical conflict, macro dynamics, or rising banking stresses. Huge discrete moves on idiosyncratic news. Lack of clear fundamental economic return properties undermines its inclusion as a portfolio asset.

Bob Elliott

@BobEUnlimited

CIO at @UnlimitedFnds | PM of $HFGM, $HFEQ, $HFMF, $HFND | Fmr @Bridgewater IC | One of the few "sane" voices on #fintwit# | Comments not investment advice

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Bob Elliott@BobEUnlimited

2023.10.24 14:17

Bitcoin reinforcing in recent days that it is not driven by rising geopolitical conflict, macro dynamics, or rising banking stresses. Huge discrete moves on idiosyncratic news. Lack of clear fundamental economic return properties undermines its inclusion as a portfolio asset.