Buildup prior to the invasion was a steady week of lower prices in January, until 17 Jan 1991 when coalition forces took control of skies over Baghdad and destroyed Iraqi air and ground forces. Overlay is Jan 1991. 17 Jan was the night invasion. 18 Jan the market took a moon shot. Once it became apparent that our guys were winning, bulls took over and the rise...
Every wonder why Bitcoins price seems to always go up over the long run? In this Video we examine the mechanism that continuously drives the price higher and higher from cycle to cycle. There are 2 parts to this pumping mechanism, part 1 before the halving and part 2 after the halving. Let's take a closer look!
In nominal terms, US stocks have gone higher and higher over the last 20 and 30 years. This is priced in US Dollars. Priced in terms of real money, stable money, the US stock markets and the US real economic growth peaked 20 years ago. Over the last 20 years we've printed a crap-ton of money to paper over the losses and make ourselves feel richer, but it's all...
BITCOIN: BTCUSD Bitcoin found in Neutral Shock ! Well stops have held up nicely if still long here. But day traders daring to short off the top may well have been hit. It overshot, but now interestingly is giving the line more serious respect. We should too. It's now kissing the parallel having shot through earlier and then recoiled to first support (just above,...
UPSIDE from here Stuck in Neutral Still - Shock...since when was Bitcoin neutral? Bitcoin is doing its best to defy the bears and is technically sound above 6440. It's still a buy on dips to the pivot at 6470-6440 with stops just under 6420 for small loss if wrong But trade is slow and whilst below that old dynamic support at 6585 now it's still twitchy and...