Serious question: why do you think btc is correlated with gold or other commodities? Armstrong may be correct about a macroeconomic cycle but get bitcoin completely wrong.
[1] the reason I say that is because the Euro is preparing to gap down starting roughly in September or October. Or you short the Euro. I didn't run the numbers on that. I had BTC and needed to make a decision on my BTC. I don't have a brokerage account any more.
Go to stockcharts.com and run a 1 year chart on $EURUSD, then $GOLD, then $BRENT. Then go run a 1 year chart of BTC.
You see all dumped at the same time starting in August 2014. All these assets are correlated at this time.
