Hedgeye CEO Keith McCullough Shifts Retirement Inventory From Gold to Bitcoin on Dollar Signals
Hedgeye CEO Keith McCullough explained on The Macro Show why he moved his retirement inventory out of gold and into $BTC, pointing to the U.S. dollar as the most important macro signal.
McCullough stated that $BTC has maintained a bullish trend since trading near $60,000. He emphasized that investors do not need to adopt an evangelical stance on the asset, but rather reallocate units of gold into units of Bitcoin based on leading dollar signals.
According to McCullough, the current market features an optimal setup with both a bullish trade and a bullish trend at the low end of the range.