Pretty bullish stuff we're seeing. Think we may see some more backfilling first. Nothing bad about that though - good market structure is always welcomed.
Great coverage BTW. Thanks!
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Pretty bullish stuff we're seeing. Think we may see some more backfilling first. Nothing bad about that though - good market structure is always welcomed.
Great coverage BTW. Thanks!
Yep, though the backfilling is probably more related with what is going on in the equity markets. They are demanding more stimulus and every day that they don't get it, they go down. Risky assets across the board being pulled down.
There's still a very strong correlation.
Yep. People buy gold and bitcoin as a hedge against a volatile stock market, but over the recent past, when stocks tank, everything tanks.