Tag: Bitcoin

LT wave for January 2025

A happy new year to all our readers. Some have been here for 10+ years, others have just arrived. Thanks all. Enjoy 2025! The LT wave had another fairly good month in December. The expected weakness in the first weeks saw the market stagnate after recording a new record high in the first trading days.… Continue reading LT wave for January 2025

Next Bitcoin targets

It has been quite a while since I did my last full post on Bitcoin. Of course I kept tweeting about it, like in this warning right after the $69k peak in late 2021: https://x.com/lunatictrader1/status/1470303560000753664 With Bitcoin breaking out to new record highs after a long corrective phase, the big question is now how high… Continue reading Next Bitcoin targets

The bitcoin crash

All eyes have been on Bitcoin BTC and other crypto currencies recently. After reaching a peak near $20000 BTC is now down to $8000. So what’s next? Here is what I wrote about bitcoin last August: A sustained breakout above $4000 that quickly heads for $5000+ would start a parabolic move like in 2013. And… Continue reading The bitcoin crash

Stocks and bitcoin

Stocks have basically gone sideways so far this month. Since the November 9 drop the S&P 500 is trying to climb back, but it looks like a tired effort. Meanwhile bullish participation continues to weaken, as reported in my weekly reversal levels outlook. The lunar green period is about to end, so it will be… Continue reading Stocks and bitcoin