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Podcast: Raoul Pal: The Journey Man
Episode: Crypto's Fate Is Tied to Old School Finance
Description: There's a narrative in the crypto space that digital assets are uncorrelated to other markets. In fact, the opposite is true. Francis Hunt returns to analyze Bitcoin's price action relative to forex markets, bonds, and U.S. equities. We could see a brief rally, but we're still in a "risk-off environment," says Hunt. "Do not become overly aggressive to the bullish side. People are going to call this bottom one cycle too soon." But it's not all doom and gloom from The Market Sniper. Hunt believes Federal Reserve policy is driving U.S. dollar strength, so he's trading the...