
Mike McGlone|Apr 23, 2025 09:41
Bear market bounce or new bull? My bias is the former. The Bitcoin/gold cross and Dogecoin have same-chart syndrome. Trendline support is holding, but I expect it to eventually be breached as the US stock market drops for the recession that did not come in 2023.
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/stgxe7t0g1kw {BI COMD}
#commodities #gold #bitcoin #cryptocurrencies @BBGIntelligence
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