The Perpetual Money Machine

But don't miss the bigger picture     October 15, 2024

Now it looks like cryptos may finally break out… this time, for real     October 15, 2024 Is a Crypto Boom Imminent? Bitcoin Signals a Breakout When it comes to the cryptocurrency market, the last seven months can be best summed up with one word: disappointing . Back in March 2024, Bitcoin peaked at record-highs around $73,000. This came right after the first set of Bitcoin ETF approvals and right before the Fourth Halving (two catalysts that were expected to push cryptos higher). And ever since BTC’s peak, cryptos have been stuck in a sluggish downtrend that simply refuses to break. Every time cryptos try to break out of this downtrend – and look like they’re ready to finally restart the ‘boom cycle’ – they fail. It has been one disappointment after the next. By our count, we’ve had three major failed breakout attempts since March’s high – in May, July, and Au

Many "leading" AI plays find themselves in a vulnerable position…     October 14, 2024 Eric F