BTC – the canine is again
The fixed underperformer is again to puking. Now we have to confess we thought BTC would truly catch as much as among the equities squeeze momentum, however that was clearly improper. The classical NASDAQ vs BTC hole is getting enormous. Second chart exhibits 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 – while you attempt to catch up…
…and what you’re chasing reverses decrease as effectively. The BTC vs ETH hole stays very huge…
www.zerohedge.com/the-market-ear/pukeisback