Global Asset Allocation, GeoMacro Strategy, Foreign Exchange Strategy
Strategy Insight
The Top Is In: Cashing Out Of Our Bullish View On Crypto
In this report, we reassess our bullish stance on crypto from early 2023, following Bitcoin’s recent all-time highs. While institutional adoption is broadening, there are also signs of excessive exuberance, speculation, and optimism. Given these conditions, a near-term correction appears likely. We are booking profits and will look to re-enter the market at $75,000.
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