This is a beta version. Full version will be available on July 1, 2019.

The Debate

IS IT A FAILURE TO GO UP OR AN INABILITY TO GO DOWN?   Think about what has happened over the last few weeks OUTSIDE of Crypto.  Among other events, the Fed raised rates for the third time this year, the 10 Year Yield spiked to a seven year high, Cannabis stocks went berserk, Crude […]

BITCOIN NEAR TERM FUNDAMENTALS AND UTILITY LIKELY TO BE SUPPORTIVE OF ITS PRICE

The stars maybe aligning for alternative asset Bitcoin bulls.  First, fundamentally, Bitcoin’s marginal mining cost is ~$6,400 according to bulge bracket broker Morgan Stanley.    A greater understanding of the marginal cost level of mining Bitcoin is helpful in forecasting prices; and most important where prices could bottom.   With Bitcoin trading at $6,500, investors […]

September Recap

BITCOIN (BTC) HAD A QUIET SEPTEMBER DESPITE ONCE AGAIN BOUNCING NEAR KEY SUPPORT.   We’re left in a very similar position heading into the 4th quarter – trying to break the ninth month series of lower highs. However, outside of BTC, there were some fireworks.  Of the most followed Cryptos, Ripple (XRP) made the biggest […]

Cannabis Craze Diluting Big Crypto Moves

TLRY ROSE 93% INTRA-DAY ON WEDNESDAY, PROMPTING COMPARISONS TO CRYPTO’17.  Right or wrong, we had not seen panic buying like this since the blow off top in Bitcoin, et. al., nearly nine months ago. Toward the end of this week, most Cannabis stocks and ETFs had come off their “parabolic” highs.  General stock market volatility […]

Ethereum’s Rally Means Nothing…

EHTEREUM’S RALLY MEANS NOTHING… FOR NOW.  It wasn’t too long ago that Ethereum (ETH) was taking share from Bitcoin (BTC).   Even as BTC gained 50% from April to May, ETH outshined it, rallying over 120%.  It was trading near the 800 level, and bulls gladly proclaimed that 1,000 was imminent. That didn’t happen.  BTC promptly […]