The dollar now setting up for the last move lower, which is my "new" excuse why the cryptos will get decimated...altho I "might be" back on "excuse #1" by Th of this week. Excuse #1 as you recall was the decimation of Silly Con Valley, Cali., the epicenter of this stock market bubble. I'm "trying" to track the hurricane in the atlantic ocean towards N.Y.C...epicenter #2. :-) Let's see if BTC tracks the "little dip" my bitcoin tracker GBTC made yesterday. :O
I guess "actual" Bitcoin traders were too giddy yesterday to realize somebody pee'd in the punch bowl. :-)
WTF happened to GBTC? Why was it screwed so hard? No sign of that in real BTC. Hope you were able to profit from it ;-)
The euro will get stonger aproaching 1.50 in 2018. Which means there is no way the stock market bubble in the us is gonna pop. There will be crazy buying sprees in the last phase of market euphoria. If you are short then, it will ruin you completely.
GBTC not even enuff shares to short but I still use it to track BTC. "If" GBTC can recover to take out teh high then I will gar-own-tee a move of BTC to zero. :-) Both the USD and U.S. treasuries now setting up for final moves lower as the world's two safe havens. USD tracker UUP just generated an ADX sell signal, so either it now (bullishly) sells down to a new low on this 10 day chart, or it (bearishly) rallies and then fails in short order. Either way, a new low for this 10 day chart is coming. I figger it rallies "slightly" on Tue before selling dooown, setting up the markets in general for Argamegdon! :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uup&x=57&y=18&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
I will be "shocked!" if it trades thru 24.15.