Are Bitcoin and Ethereum Eyeing Important Trading Lows?
The cryptocurrency market remains bearish and I see a strong potential of increased selling and further price declines.
This means that crypto bears are gaining...
Bitcoin and Ethereum Bounce Ending as Elliott Wave Cycles Turn Lower
The US Dollar is trading higher this week as US bond yields continue to rise based on hawkish Federal Reserve policy.
We see stocks in...
Are Bitcoin and Ripple Setting Up For Elliott Wave ‘Bounce’?
There are no big changes in the Crypto-currency market. It is still in the neutral zone on an intraday basis.
That said, we can see...
Is the Euro Currency Decline Over or Just Beginning?
The recent strengthening in the US Dollar is catching the eyes of traders and investors alike.
King Dollar affects so many asset classes, including its...
Why US Dollar Appreciation Threatens Global Economy
The Fed’s liquidity fire hose supported the massive government fiscal response to Covid. Through unprecedented asset purchases, the Fed provided enough liquidity to allow...
Persistent Inflation Risks Rising Into 2022
It is clearly very trendy to talk about the price of milk, gasoline, used cars or how the core CPI is the highest since...
Bitcoin Moderately Bullish In The Near Term
When we last wrote about CME Bitcoin futures (BTC) in August, we were expecting a larger pullback than what materialized. The climb to new highs in...
S&P 500 and German DAX Headed In Opposite Directions (Elliott Wave Analysis)
Global financial markets have stabilized on the assumption that the Omicron covid variant is less aggressive than feared and that economic recovery may not...
Bitcoin & Ripple Elliott Wave Analysis: Look For More Downside
The Crypto market is in decline as we have been warning for some time.
And, with recent sharp decline and broken channel support line on...
Bitcoin and Ethereum Elliott Wave Cycles Point To Deeper Correction Â
There haven't been many big changes in the Crypto-currency markets. Several cryptos are enjoying a corrective recovery that is still in progress, so be...