Tim Knight Says Gold and Bitcoin Just Got Divorced

The strangest thing on Tim Knight's screen this morning is that gold and Bitcoin are living in completely different worlds. Gold is the only major red quote he can find, down about 50 dollars and drifting, while Bitcoin has exploded from around 62,000 in mid August to roughly 86,000, blasting higher on Friday and again today. Two assets that used to hold hands, in his words, have gotten divorced. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Meta and the tech surge 00:23 The ES and NQ near highs 01:25 Why he distrusts seasonality now 01:48 Gold and Bitcoin in different worlds 02:31 Bitcoin's run to 86K 03:11 The one bearish trend line 03:58 He holds no crypto at all 04:41 MicroStrategy's exhaustion gap 06:01 The crypto equities running hot 06:46 A Greenland miner up 160 percent 07:45 Semis from thrilling to dull #tastylive #timknight #bitcoin #gold #btc #technicalanalysis #semiconductors #microstrategy #pricegaps #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.