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Asset to Watch: $BTC

Bitcoin is still one of the key assets to keep an eye on.

This is textbook action:

It's basing near its all-time highs, while volume is dropping off which is bullish. Few investors are selling right now.

That’s exactly what you usually see right before the price takes off again and moves higher.

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At the same time, there 2 big tailwinds:

1. Rising global liquidity: more liquidity means more money is available, pushing investors toward alternative assets

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2. A weak dollar: every time the US Dollar starts to decline and breaks down, Bitcoin tends to go on a massive run shortly after.

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So, also keep an on Crypto-related assets: $COIN, $HOOD, $RIOT, $MSTR, or $CLSK.