Healthy Pullback, Or Trend Reversal?
In today's video, we cover:
- The factors driving this week's dip in crypto prices.
- What USD flows and the Coinbase Premium say about the current trend.
- The implications of falling yields for miners.
Tickers in this video: #BTC
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Recent developments since the inauguration suggest that the new administration is prioritizing an industry-friendly regulatory environment. We believe there is still significant upside headline risk in the early days of Trump's term. Coupled with an easing DXY/yields, as well as substantial inflows into the crypto ecosystem, we think it’s prudent to maintain a long bias. Source: TradingView, Fundstrat Source: TradingView, Fundstrat THE LAUNCH OF TRUMP COIN This past weekend will...