100% in crypto Mati Greenspan puts institutional adoption and crypto hedging into perspective

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Mati Greenspan is frequently mentioned in leading financial media, as a leading investment expert specializing in macro analysis, portfolio diversification and crypto.

The Founder and CEO of Quantum Economics has revealed what’s on the horizon for his company which provides analytical, advisory and money management services in crypto and traditional markets, and has shared his perspective on how mass adoption could affect Bitcoin’s “uncorrelated asset” status.

Bitcoin Price and Fed Money Printing

In July, as Bitcoin was testing a major downtrend, two institutional clients sought advice from S2F – a poor strategy, according to Greenspan.

Often used as a method of forecasting the price of Bitcoin, the stock-flow model divides the current supply of the asset (stock) by its annual production (flow).

“A simple rule of technical analysis – whenever you talk about charts, chart data is past data – doesn’t tell you what’s going to happen in the future,” Greenspan said, explaining the limitations of historical data. .

“It cannot predict the demand side,” he argued, noting that “price movement in a massive range is not a good indication of where the price is heading in the short term.

According to Greenspan, who views the support above $30,000 as extremely bullish, “$45,000 is the medium-term price target, and anything below $40,000 is a buying opportunity.”

Bitcoin soared above $44,000 after a full week of trading at lower prices as the US inflation rate hit 7%, its biggest annual gain since 1982.

“Every time the Fed prints the price goes up, when they start pulling the stimulus things get volatile” Greenspan pointed out a direct correlation with the price of Bitcoin.

Crypto and other so-called “risky assets” such as stocks tend to attract investors when fiat currencies face devaluation.

Turkish lira-related crypto trading volumes recently hit a 15-month high as Turks rushed to shed their national currency which has lost 40% of its value since September 2021.

Institutional adoption

While this year could potentially mean a lot of money pouring into Bitcoin – aka full-throttle “institutional adoption” – leading to a significant price spike – the question is what then?

“Institutional adoption is indeed a death nail for the uncorrelated narrative. Now that the world’s biggest money movers are on their knees in the crypto market, they will certainly make portfolio decisions while considering what is happening in other markets,” Greenspan replied when asked how he sees the mass adoption of crypto affecting Bitcoin’s “uncorrelated asset” status.

Greenspan, whose own investment exposure is 100% in crypto, currently advises LunarCrush, the social intelligence platform for crypto investors, and Electronium, a mobile-based crypto project that offers instant transactions at minimal fees, designed for the global unbanked population. .

Meanwhile, his company Quantum Economics, which currently advises Luno Global, Cloud Protocol and is preparing to announce another advisory role next week.

The company is currently raising capital for a bitcoin mining facility “Quantum Expeditions” and “Quantum Equity,” a DeFi platform for institutional investors and fund managers, Greenspan revealed.

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