By Bilal Hafeez
22-02-2021
In: post | Newsletter
Why the Bitcoin Rally is Another Reflation Trade
(1 min read)
(1) Bitcoin: A Bet on Reflation, Not the Dollar’s Demise (1 min read)
I show that correlations between bitcoin and key macro markets suggest the bitcoin rally is another expression of reflation, or risk-on, trades. It is not therefore a bet against the dollar.
(Bilal Hafeez│ 22nd February, 2021)
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(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)
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