Category: US dollar

Bitcoin bulls beware! Topping pattern to trigger more downside?

You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on the bitcoin chart given the Israel-Iran tensions over the weekend. Before the markets closed for the weekend, they did sink as the Iranians said they were… Read More »Bitcoin bulls beware! Topping pattern to trigger more downside?

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Major bitcoin and ethereum spill upcoming?

It was just a few weeks ago where I called the reversal in Bitcoin and other cryptos. Here is a video of me explaining the bottoming pattern and the breakouts on bitcoin and ethereum: Since that call, bitcoin has risen close to 20%, while ethereum has risen over 60%! The patterns that I look for… Read More »Major bitcoin and ethereum spill upcoming?

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Inflation sees the fastest increase since 1981!

Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!

The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.

Inflation sees the fastest increase since 1981!

Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!

The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.