Macro Trading Moves for 2022

This year, prominent investor Zhu Su has made his thoughts clear: Bitcoin (BTC) and Ether (ETH) are two long bets with the potential to shine. According to Zhu, co-founder of Three Arrows Capital, these cryptocurrencies, along with oil, should be in every investor’s long haul while steering clear of the S&P 500. But why does he feel so confident?

Understanding the Market Complexities

While some experts warn of deflationary pressures that could drag BTC and altcoins down alongside equities, others foresee a “melt-up” on the horizon. The complexity here is worth the dive, as market dynamics are anything but straightforward. With macro trades being “pretty clear” in Zhu’s view, he’s laid out some strategic moves to consider.

Zhu’s Top Strategic Picks

• Long oil futures for December 2022 and December 2023
• Invest long in BTC, ETH, and other high-liquidity cryptocurrencies as a form of hard money
• Short on Russell 2000 and S&P 500 indices
• Target shorts on Meta and Apple while longing Google and Microsoft

It’s like a buffet of investing where KuCoin doesn’t exist—grab what looks great and leave what doesn’t. Oh, and let’s not forget Visa and Mastercard are also on the short list, as adding them as fiat payment processors seems a no-brainer to Zhu.

BlackRock and Institutional Interest

In an unexpected twist, news broke that BlackRock, the world’s largest asset manager, might be gearing up for a foray into cryptocurrency. Insiders suggest that BlackRock clients could soon be trading crypto, and they will even facilitate collateral-backed credit for crypto transactions. This move signals a historic shift in institutional sentiment toward traditional finance entering the crypto space.

KPMG Goes Crypto

Meanwhile, KPMG’s Canadian branch has jumped into the ring, adding Bitcoin and Ether to their balance sheet. What does this mean? According to trader Pentoshi, it signals a seismic shift in adoption within just an “insane 24 hours.” Markets are buzzing with excitement over how this could impact the crypto landscape.

Looking Ahead: Will BTC Price Surge?

Despite all the positive noise, it’s essential to remain cautious as near-term price gains for BTC are still uncertain. For bulls hoping for a meteoric rise, the current landscape requires keen attention as the market navigates through turbulent waters.

Conclusion: HODL or Fold?

So, what’s the takeaway? Zhu Su believes that the macro picture is clearer than ever. With strategic investments in Bitcoin and Ether, alongside traditional assets like oil, investors might find themselves in favorable positions this year. As always, the key is to read the market wisely and trust your gut—because let’s face it, we’ve all seen the market throw curveballs!