Digital Assets Weekly
May 7, 2020
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Portfolio Strategy
In our prior note, we indicated that markets could likely see continued strength leading up into the Bitcoin halvening and that’s what we got this week. While my view has not changed since last week, this week I will offer investors 15 observation ahead of the halving.
The picture is not conclusive, but it paints an on balance positive story. Bitcoin still has room to go before reaching our weighted average 12-month price outlook of $14,350, but there’s a good chance the path there is not straigh...