Bitcoin Is No Longer A Tech Stock

Buckle-up. Bitcoin is de-coupling from the NASDAQ, which will put a bullet in another frequently cited reason not to invest in it, namely: “It’s just another tech stock”.

This will cause problems for traditional wealth managers, who are too large and are wedded to ideas that were built on shaky foundations and are less likely to work in a rapidly changing global economy.

It’s a fascinating, troubling, but ultimately extremely bullish moment for the crypto world.

• Technical Break-out vs NASDAQ, everything still points to a …