Bob Iaccino questions the validity of the most recent move in Bitcoin. He suggests volume in the futures have declined as prices have risen and thinks Bitcoin should trade in conjunction with gold. Treasury yields have recently risen there might be a rotation into bonds as a store of value causing some selling in Bitcoin,
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Bob Iaccino questions the validity of the most recent move in Bitcoin. He suggests volume in the futures have declined as prices have risen and thinks Bitcoin should trade in conjunction with gold. Treasury yields have recently risen there might be a rotation into bonds as a store of value causing some selling in Bitcoin,
Market On Close
18 Feb 2021