Bitcoin and crypto will suck capital from every asset class. That's the trade.
This market is roughly $3T today. Over the next 5-10 years I think it gets to $10-20T, and that capital has to come from somewhere.
But a trade against everything is hard to track. So I distil it down to the two peers people frame Bitcoin against most: gold and technology stocks. Watching when momentum inflects from bearish to bullish against them after a long bear market is the simplest way to see the rotation happening in real time.
On a weekly chart you can abstract away a lot of the day-to-day and even week-to-week volatility. The shift is underway. It won't be smooth, but the next several years will be crypto's most meaningful structural market.
$BTC $XAU $NDAQ
Tomorrow's report for @RealVision AlphaTier drops and in this report we're going to look at what a crypto allocation should look like in this new regime
@HawaiiDOH Elderly parents are planning a trip to West Maui. We're concerned about health issues related to Lahaina fire. Are there any health risks for an elderly couple? Beach, ocean, drinking water, air, stormwater, etc. They prefer Kaanapali if safe on all levels. Thank you
The stock I am most bullish on for the next 3 years is probably Tesla $TSLA. I think this is still the most misunderstood company in the world due to many people's personal narrative biases. Even my writing this Tweet will trigger people! (sigh) 1/