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

The long term crash cycle

In a previous article I pointed out the possible existence of a 4666 day (= 666 weeks) and a 88.37 year cycle in the market. Of course, with only 200 years of observed stock market history we have little proof for it. One reader asked whether there are even longer cycles we could possibly consider.… Continue reading The long term crash cycle