Came across this presentation (link to full PDF at bottom), pulled some charts on big picture themes- incredibly well done snapshots of thematic growth areas in broad tech.
Why the four digit BTCUSD days are likely gone, and so will five digit BTC sooner than later ↓
There may be debate about BTC‘s future, but everybody at least knows wtf BTC is by now ↓
This next one is pretty crazy- BTC spot price would increase +$40k for every +1% of SPX500 net cash allocated to BTC, and if BTC at current replaced all net cash on SPX500 balance sheets, would theoretically +$400k to spot BTC ↓
I don’t know/don’t care why this pisses some people off- but at this still nascent moment, ETH & the rest need BTC to continue onwards. brand new asset class → rising tide boat lifting stage
I think of @Seth Dingle every time I come across something like the below, and I’m glad that so many on the Exchange have also associated him w/ BTC & ETH vs CME futures. ↓
Btw @Seth Dingle any thoughts on BTC Micro futures on CME rolling out May 3 (i think) ? Contract size ⅒ notional standard BTC futs & tick size as well.
BTC is a correlated asset by price action, and correlation will only increase as it gets more institutionalized - BUT, in relative terms it’s corr is very very low ↓
This below is literally my long PYPL / short JPM... (More)