
CryptoQuant CEO: With stocks and commodities outlook souring, it may be time to rotate into bitcoin
- —Bearish views cluster around CoreWeave, Coherent, AMD, Micron and Nvidia
- —Commodities outlook is negative for platinum, silver, Brent, WTI and gold
- —Natural gas was the only commodity with a slightly positive view
- —Ju suggested selling weak assets and rotating into BTC
Why it matters: The CryptoQuant chief's call could reinforce the case for rotating capital out of TradFi assets into bitcoin.
Source: Bloomingbit
More on this
Macro · 05:11JPMorgan puts bitcoin in long-term outlook for the first time, sees 10% annual returns
Markets · Oct 16Bitcoin may need to reclaim 20-month trend line before new record highs: CryptoQuant
Markets · Oct 13CryptoQuant: Bitcoin may bottom by month-end as exchange liquidity dries up