Chart for BTC/USD (1M)
Bitcoin (BTC) appears to have just completed its correction. Meanwhile, the ratio of Commodity Research Bureau Total Return Index (CRB) to that of S&P 500 sits at 0.2. This ratio is currently at a 50 year low which means that stocks have been on a massive bull run against commodities like Gold, Silver, and Platinum for the past 50 years! This trend had to reverse at some time and what better time than a time of uncertainty when fears of the next global financial crisis are already looming over.