>Because of the positive correlation between crypto and the NASDAQ (it keeps getting tighter and tighter as time goes on)
Since 2009, has Bitcoin been “tightly correlated” with the NASDAQ? There may be a vague connection somehow. Does that matter? There is a vague connection between everything and everything else!
> Bob Iaccino, chief strategist at Path Trading Partners … He predicts high demand for Treasury bonds, U.S. dollars, gold, consumer staples and real estate
He clearly brokers in that stuff. So, of course, it is good for him that people would buy that stuff. Give him your money, because, hey, he is bullish on what he is going to be able to sell you (for a commission)!