HomeInvestingVolatilityBitcoin Is A Momentum Trading Vehicle, Not Digital Gold

Bitcoin Is A Momentum Trading Vehicle, Not Digital Gold

Bitcoin (/BTC) to me has always been a momentum trading vehicle and I think it will continue to be, but I don’t see it as digital gold, notes Ed Egilinsky. He talks about how the SEC approves the first Spot Bitcoin ETFs. He also discusses how futures are higher ahead of today’s CPI report. He then goes over the outlook for commodities in 2024, as well as energies to keep an eye on as winter continues. Tune in to find out more about futures and the stock market today.

Futures

11 Jan 2024

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