Did you short Crypto at the right time?
In this clip from The Macro Show on 6/7/22, Hedgeye CEO Keith McCullough breaks down why investors who are irresponsibly levered in crypto during a #Quad4 market are getting crushed.
“What you should notice from the Hedgeye Crypto tracker product is a complete collapse of lower highs,” McCullough says. “Who’s going to buy that sh*t in #Quad4? You shouldn’t buy any of that.”
“Gold against Bitcoin has been awesome. Even though Gold hasn’t done jack for the last 1-3 months, it’s done jack compared to something that has collapsed every time it goes to the top-end of the Risk Range Signal™.”