Triggers Ahead

From sunshineprofits.com

With the stock market going down, Bitcoin is viewed as a safe haven asset. But is this story really important? We have a different factor to focus on. Bitcoin goes up, the stock market goes down. This is the kind of story we have seen now. And it is an appealing one. In an article on the CNBC website, we read: Bitcoin soared 9% on Monday, performing like a safe haven asset as it edged past $11,000 for the first time since around mid-July. The price of the world’s largest cryptocurrency climbed as high as $11,860, according to CoinDesk data, hitting a more than 3-week high. Bitcoin’s value now accounts for nearly ... (full story)