Capital Rotation Indicator just hit 12, matching peaks in 1930, 1972 and 2002.
Back then stocks fell 50 to 80Β percent while hard assets rocketed.
Another capital rotation could be underway: watch gold, commodities, energy.
And above allΒ Bitcoin.
BLOOMBERG: βAt a moment in which the administration has already instilled ever-higher levels of uncertainty into the economic outlook, any attempt to remove Powell will add to the downward pressure on US assets,β says BMO Capital Markets head of US rates strategy Ian Lyngen.
JUST IN: Strategy acquires 6,556 BTC for $555.8 million at $84,785 per bitcoin
They now hold 538,200 $BTC acquired for $36.47 billion at $67,766 per bitcoin.
Bitcoin Pump Speculation:
The US starts making deals with allies that alienate China.
China comes out saying they are βfirmly opposed to any party striking a dealβ at their expense.
Bitcoin starts ripping as the global chase for a neutral reserve asset accelerates.