Why are the XBI and BTC correlated to such a high degree?
If you're trading charts go back and look at how things like crude oil, XBI, NDX, and SPX behaved in July of 08 because its eerily similar
Bitcoin Incognito ($XBI) if you want to bet on the future of privacy protocols
Anyone who enjoys conspiracy theories should join the Bitcoin Incognito telegram. Some real whack jobs in there throwing around theories about an $XBI partnership with Twitter’s Blue Sky initiative
My quality of sleep definetely improved after I sold my china holdings. I'm looking for some china FUD to drop the share price and try to find a swing. I bet we get something before BABA or JD earnings. the P/E of KWEB is below all time lows. But, IWM and XBI are both at levels of undervalued not seen in decades. It's not like China is the only play out there.
Hopefully. Especially XBI my biotechs have been getting crushed lately lol