The bitcoin crash

All eyes have been on Bitcoin BTC and other crypto currencies recently. After reaching a peak near $20000 BTC is now down to $8000. So what’s next? Here is what I wrote about bitcoin last August: A sustained breakout above $4000 that quickly heads for $5000+ would start a parabolic move like in 2013. And… Continue reading The bitcoin crash

Stocks and bitcoin

Stocks have basically gone sideways so far this month. Since the November 9 drop the S&P 500 is trying to climb back, but it looks like a tired effort. Meanwhile bullish participation continues to weaken, as reported in my weekly reversal levels outlook. The lunar green period is about to end, so it will be… Continue reading Stocks and bitcoin