Crypto Climbing the Wall of Worry, Flows Suggest There is Still More Work to Do
Core Strategy
With lingering trade war talks and robust economic data dissuading a dovish Fed pivot, we think the potential for downside volatility remains elevated. While regulatory developments and institutional adoption continue to bolster the medium- to long-term outlook, no immediate “good news” seems likely. Nevertheless, we still expect crypto to outperform this year. Until we see flows return to crypto, raising cash/trimming altcoin positions appears prudent (BTC dominance higher).
The Semi-Good News
Clie...Finish reading this report for free
Enter your email and we'll send the paywall-free report directly to your inbox
Articles Read: 0/2
In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.