mkolsen

mkolsen

It looks like were headed toward another death cross between the 200MA and the 50MA. I started searching the last couple of cases in which this happened. What I found was the last death cross of the 2013 market cycle. The levels of this fractal are uncanny. This backs up my view that we are going lower, back towards the mean. The last chart I published had us...

mkolsen

Well we're nearing the end of the wedge of the latest bounce off of this cycle's low. I expect to head back toward the mean, monthly and weekly LMACDs are both rolling over so we can expect downward momentum. Toward the 350DMA(light red): BTC has been above the 350DMA for quite a while and I don't expect that capitulation will start until BTC returns to at least...