Seeking Alpha
2020-08-21 13:18:26

Trade Bitcoin As An Option, A High Beta Gold Stock, A Portfolio Diversifier, An Inflation Hedge Or A Protection Against The Ongoing Currency War

As gold, Bitcoin has been massively benefiting from the constant liquidity injections from central banks in the past few months.We think that the growth in central banks' assets will continue to surge in the coming months as policymakers will constantly intervene in markets to prevent currency appreciation.Including some gold and Bitcoin in a portfolio could hedge investors against a sudden rise in inflation and political uncertainty.It is still interesting to go long at current levels considering our medium to long-term target range of $18,500 – $31,000.

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