January is a period where asset managers are reallocating their assets. If you look at most of the charts, where would you go? For sure, nothing in commodities, they are well due for a correction. For sure, not tech stocks, as they are already on a tear and risk is relatively high. But yes, indices are still fine, and mostly, it's #Crypto and #Bitcoin. Those are significantly undervalued and mispriced due to the recent correction and should rally back towards the ATH in the coming months with new liquidity pouring into the system.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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