whiprush3

whiprush3 Updated 

I don't disagree with the notion that right now we are set up almost identical to the market in 2014. I don't disagree that we probably have a while longer before we see a bull run. But I am pretty confident we aren't going to see 2+ years of bear market and I don't think we will see a 2+ years of bull market after. I think what we are experiencing is the final...

whiprush3

As always I like to look at things in no smaller than six month time frames. The longer the better in general. I even remember 20 something odd years ago when an investment instructor told me that "if you're investing you shouldn't be looking at a time frame of less than 5 years." Let's apply this to our general way of thinking. When the housing market bubble...

whiprush3

So for about 6 months now we have not seen exponential growth. Call it what you will. I think I will call it a "bitcoin recession." For two quarters we have not seen the kind of positive growth we have come to expect, however, compare what we have now to this time last year and you should still be a very happy camper. If you've been HODLing of course and even...

whiprush3

The sixth is here and I want to remind people first and foremost that BTC doesn't have to do anything that we predict it will do. As a matter of fact if manipulation is as strong as some people believe then it is most certainly not going to do what the overwhelming masses believe. Just as it's best to buy when there is blood on the streets, it's going to be best...

whiprush3

In economics courses a lot of professors take the approach of telling stories. For instance, why does a supply or demand curve shift. Country X makes dingle fops, the main material used is copper; but country Y now makes whirly jigs so now copper costs more. Supply cost goes up. Demand stays the same but the supply of materials changes, so now the cost goes up...

whiprush3

My posts are going to continue to be really simple because I believe in fundamentals and I believe in the long term. My first chart shows how no change happens if we simply recover by the end of the year. The chart won't change much if we go into a full on downtrend and lose even more market cap as well. Some people will continue to hold and some people will...

whiprush3 Updated 

I'm posting a chart with absolutely no trend-lines, pennants, or any other sort of TA attached for one simple reason; I want to turn down the noise and just reflect on what's happening. Imagine a spring. When you compress or pull the spring and release, it moves back and forth until it finds equilibrium again. The market also acts as such except the spring...

whiprush3

If you've been on trading view for more than a day you can see that the opinions of people are split almost 50/50. It's fascinating that there are compelling arguments for both sides but I'll try to leave those issues to readers to research. Here is what I would like to propose. For one, look at the long term vs. the short term. Most bears don't deny that in...

whiprush3

I'm fairly new to the crypto-currency markets, but have thoroughly enjoyed reading the extreme dichotomy of views. Today I'm hoping to add a more "middle of the road" approach. I'm not discounting TA by any means, but I'm going to say some things that might be contradictory to many points of view and I welcome all constructive criticism in return. After all...