Leading or Lagging? Bitcoin/Silver Cross vs. Stocks - Bitcoin has dropped to near good support vs. silver, but the falling cross may have more to go -- particularly if the stock market declines. That the S&P 500 is about 10% above its 200-day moving average and a 10% drawdown in the US stock market is almost 25% of GDP, may be part of what is buoying precious metals and pressuring cryptos. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t8lg6bkgzajl {BI COMD} #bitcoin #silver #stockmarket @BBGIntelligence(Mike McGlone)