When something goes straight up, it usually comes straight back down said Chris Vermeulen, chief market strategist at The Technical Traders, referring to bitcoin's recent parabolic move upwards.
Gold sees upside to the $2,400 an ounce level in 2021 but faces risks of a possible stock market correction that could drag the metal down.
0:00 - 2021 market outlook3:00 - "A very volatile year"5:48 - Trigger for a stock market crash6:50 - Outperforming sectors8:15 - Gold13:48 - Gold miners14:36 - Bitcoin
Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.