tyfyb

tyfyb

Stocks are expensive relative to money supply in historical terms. SPX / M2

tyfyb

Just for fun. As expected, zero correlation here. The new Arcade Fire album sure is good though.

tyfyb Updated 

Comparing the 2017 and 2021 Peaks for for BTC. After bouncing off the 200 day SMA and 336 days after the 2017 peak, we saw a crash. As of today, we just bounced off the 200 day SMA and are 229 days from the 2021 peak. Will we see a similar crash? Fun comparison. Will be interesting to see how it plays out. Not financial advice.