Bitcoin Back in Trend
Bitcoin’s ByteTrend Score is back to a 5, which means the uptrend has resumed. This is a perfect setup just two weeks ahead of the strongest month of the year.
Bitcoin’s ByteTrend Score is back to a 5, which means the uptrend has resumed. This is a perfect setup just two weeks ahead of the strongest month of the year.
It’s interest rate week, with the US Federal Reserve showing their hand tomorrow. The Bank of England then moves on Thursday, and the Bank of Japan on Friday.
Issue 86; Consumer stocks have come under pressure, but this one bucks the trend. It operates efficiently and in areas
Venture will become more global and be driven directly by the ByteTree Global Trends data set, which covers 2,500 stocks. There are two reasons for this.
Our next recommendation in ByteTree Quality is a company with a world class portfolio of consumer goods brands. After a tough few years impacted by short term issues, it has entered buy territory for long term investors.
This year, long-dated government bonds have been selling off, and as that has happened, the price of gold has risen. Gold’s correlation with bonds (prices, not yields) has turned negative for the first time since 2011.