***Not financial advice*** The Bank of Japan has become the majority shareholder of Japanese Bonds, sparking re-evaluation of the integrity of the asset. A catastrophic collapse in the bond market could lead to a hyperinflationary event that sparks financial contagion worldwide. If you can navigate the entry, then this is an opportunity for a potential gravy...
Technical analysis along with an understanding of geopolitical events in our world today can help us get a grasp on where the price of Bitcoin (and cryptocurrency as a whole) may be moving in the next few days/weeks/months.
Today we are taking a look at the Case Shiller Home Index on a year-over-year chart as well as a price chart and using basic, long-term technicals to identify issues and opportunities. I believe we are heading into a recession over the next few years but we will have to see what crazy government program is created to fight that recession that maybe boosts housing...
In this screencast I say that the recent weekly price action in Wall Street is a correction in a bear market. Price has moved into a critical zone and is struggling to stay afloat. This does not mean that it is bound to collapse. It means that price can probably move south.