* Multiple tailwinds are building for the crypto market in 2019, setting the stage for a strong rally soon. This is from a new piece by Tom Lee, and his team in New York.
* Global risk-on rally is likely to pull crypto higher. BTC is highly correlated to EM equities (which were clobbered in 2018) and are up 7.4% YTD. Similarly, the USD is no longer surging, in contrast to the 9% gain in 2018m, and should drive improved BTC prices.
* Tom continues with comments on JP Morgan and JPMorgan Coin, a massive endorsement of the institutional credibility and use of crypto-currencies. “Institutional allocation for crypto is visibly gaining,” and other key points are covered. The Executive Summary continues with usefulness of digital currencies, Bitcoin as an asset class, Demographics (Fundstrat`s Demographics studies are brilliant), and other points are covered. Without giving too much away, we would like you to start looking at Fundstrat and its offering.
* This piece is a document of well written and detailed analysis of digital assets and blockchain, with macro and structural interest, EM charts, and page after page of useful information that paints a complete picture of the market for 2018 and 2019.
We at Classiarius read Fundstrat research religiously.