A chart i will be watching.
I am bullish until SPX breaks the red line. Will be bearish if we near the yellow top.
If we break the yellow top i think the stock market will truly be in bubble territory. Money will be made but that will be a real crash in the markets.
This chart is very interesting as it shows the game that is being played where numbers go up...
An observational study on Bitcoins price versus the overall money supply paints an interesting picture.
Are we now the most oversold on a relative basis to the money supply?
Previous Cycles (I'd argue there's been 3 now, on the basis of halving's and time-cycles)
Previous times we retraced to the 38.2% fib extension
This time 61.8%, 2 full levels below
