The Ten Rules of Bitcoin Investing: No. 4 - FS Insight
Merch Store

The Ten Rules of Bitcoin Investing: No. 4

May 29, 2020 • 2 Min Read


(FSInsight.com’s head of research Tom Lee revealed the first five of his ten rules of Bitcoin investing on April 23, 2020 and gave an updated outlook for the remainder of the year. The final five of ten rules will be published later this year. The webinar is available on the website and the following is a condensed version of his comments. This is the third in a series of 10 scheduled reports, one for each of his rules. Stay tuned for the next one.)

The Ten Rules of Bitcoin Investing: Rule No. 4

Bitcoin performs best when S&P 500 Index is performing strongly

If you have read the first three parts of this series, you’d know that the U.S. is going to be very important in the continued development of Bitcoin and crypto currencies; that the Bitcoin Misery index is a proprietary FSI tool that has been a good way to evaluate how investors feel about Bitcoin’s price action; and that Bitcoin’s 200-day moving average (dma), and the halvening, which took place May 11, are important factors to consider.

This report is based on:

1 Empirical data we have found that s...

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

3/3
You have reached the maximum amount of complimentary reports for this month.
You will receive 3 more complimentary reports as of the 1st of July.
\
or
FS Insight Guest PASS

Unlock 2 more articles by joining our newsletter!

Take Your Investing to the Next Level with our Award Winning Research!

Reports you haven't read

Traditional markets are stumbling today as the National Bank of Canada unexpectedly raised interest rates by 25 bps, sparking fears that the U.S. will potentially follow suit. The SPX (-0.31%) failed to break through $4,300, while the NDQ (-1.36%) has taken a pause on its recent outperformance. Crypto markets are still digesting the repercussions of the SEC lawsuits against Binance and Coinbase, with BTC -2.03%  (-3.15%) trading around $26.3k and ETH -2.33% ...