Morgan Stanley’s Amy Oldenburg: The Digital Gold Investment Case for Bitcoin
Bitcoin Magazine Morgan Stanley’s Amy Oldenburg: The Digital Gold Investment Case for Bitcoin Bitcoin's digital gold case is strong, says Morgan Stanley’s Amy Oldenburg, but she wants less tech risk correlation and more gold-like trade behavior. This post Morgan Stanley’s Amy Oldenburg: The Digital
Source: Bitcoin Magazine
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DW NOTE
Morgan Stanley wants bitcoin to behave like gold while the Fed contemplates hiking into a deficit running $1.8 trillion, oil at $105, and the 10-year at 5.19%. Gold itself is down 21.5% from January. The "digital gold" case doesn't require correlation with an asset class that can't hold its own highs either.