Crypto Market Update: Buy The Dip?
Mar 9, 2023
Author
Sean Farrell shares his updated outlook on the current crypto market, including global liquidity conditions and the appetite for risk assets.
“We maintain the asymmetry from here remains to the upside in 1H and that this dip is worth buying. The lack of retreat in crypto prices relative to the increase in yields over the past few weeks is quite impressive. We think this is a function of investor composition, improving global liquidity conditions, and a market for risk assets that have already experienced the worst of the ongoing tightening cycle.”
Recorded March 7, 2023