The AI Boom Leads Bitcoin and Gold
Equities have broken away from Bitcoin and Gold over the past fortnight, driven by technology hardware linked to the AI boom, which is sucking capital away from the rest of the market.
Equities have broken away from Bitcoin and Gold over the past fortnight, driven by technology hardware linked to the AI boom, which is sucking capital away from the rest of the market.
The big sport brands have all picked up in recent months, countering the bearish narrative around consumer weakness. We've picked our favourite.
In this issue, I will explore the technicals behind the gold price, which are far from normal, using our ByteTrend charts.
Bitcoin’s ByteTrend Score has dropped to a 0 for the first time since April. The bear has returned.
The AI boom is being sold to the market at sky-high prices, and the resulting concentration in market indices matches that of major historical bubbles.
Robotics is the real-world application of AI. It is an exciting prospect to know that in the coming years, robots will be running around us.