There is only 1 way to open this month’s market recap. Bitcoin is at new All-Time-Highs. We topped with a record $ 111 000. Let’s celebrate this great moment together.
There is no better feeling than having a strong conviction regarding a topic and as time progresses this conviction proves accurate, in reflection checking your thesis for the conviction. That’s the case with the current status of the crypto markets. We got it right.
We have long said that President Trump and his master plan to reset global trade would take time, and eventually the market will rebalance and push higher. April was a shaky month with some major drawdowns on the equities markets coupled with Gold reaching new all time highs proving we were clearly in a risk off environment.