BradMatheny

BradMatheny

Can't say I didn't warn you. The Global speculative bubble has BURST. The unwinding process will take at least 6 months. Stay cautious. Follow my research

BradMatheny

I don't believe the selling in Bitcoin and other cryptos is over yet. My research suggests Bitcoin won't find any support until the price reached levels below $18,408 - possibly as low as $12,750. If you are holding Bitcoin at current levels - take a good hard look at this chart to understand the unwinding of speculative assets ahead of the US Fed potentially...

BradMatheny

The US Current Account value is at the lowest level since 2005-06 (after Greenspan raised interest rates). This indicated we are deeply negative in regard to debt spending and the current Interest rate levels. No matter how you slice it, this deep US Current Account level indicates "something's gotta change" and the only thing that can change given the Fed's...

BradMatheny

I was just looking at some data and put this chart together. Pay attention to how the dynamics of USD assets have changed over the past 3+ years - and the excesses built into the global economy since the 2008-09 GFC. As much as I want the global to navigate a soft-landing process, I see the excesses of the past 8+ years unwinding in a somewhat extended format...

BradMatheny

The recent bounce in the US major indexes and Bitcoin is likely very close to completion right now. I would urge everyone to pull profits and prepare for the next big wave (likely LOWER). Fibonacci Price Theory suggests this trend is still bearish and Bitcoin would have to rally above $34,150 to start a new recovery phase. My analysis suggests more selling is...

BradMatheny

Don't let other fool you, this looks like a sideways FLAG formation after a deep contraction in Bitcoin. I believe this is setting up for another downside price move - possibly retesting the $25k level (or lower). The excesses in the markets are still unwinding and Bitcoin is like Beanie-Babies - whey were fun while they lasted. Play this move cautiously, most...

BradMatheny

The excesses of the past 8+ years have driven RE prices to very high levels. Simple price channels and Standard Deviation channels suggest the unwinding of this bubble may see Real Estate price levels collapse -25% to -30% or more over the next 12+ months. The US Fed, in an effort to combat inflation, will likely raise rates again - pushing sellers even further...

BradMatheny

This chart shows the US Dollar has rallied back to highs - setting up what may be a triple-top. I find it interesting that strong downward momentum in the US markets is freaking everyone out - yet my custom indexes suggest that the US/GLOBAL markets are seeking a bottom. One thing is for sure - the US Dollar has RIPPED higher and could be setting up a dramatic...

BradMatheny

I'm not suggesting Bitcoin will fall back to $3k or less. What I am suggesting is there have been two unique speculative bubbles in Bitcoin. If the current unwinding event is a severe as I think, Bitcoin could fall back to levels below $6500 before attempting to find any real support. If you really believe the excesses over the past 8 years warrants a $30k...

BradMatheny

This chart shows how Silver and Gold continue to outperform the SPY in 2022. I expect this trend to continue as I expect both Silver and Gold to recover to new All-Time Highs very quickly. This deep selling in the US and global markets is an indication that a contagion event may be building. I strongly suggest China/Asia may be the source of this event...

BradMatheny

I warned that Bitcoin would not find support until it reached $26k or lower many weeks ago. Now, I believe Bitcoin will attempt to move below $26k again - to FLUSH OUT new lows. This could mean a move below $22k or $21k - possibly bottoming below $20k on deep selling. The markets are looking for a bottom, but the unwinding of the speculative phase (over the...

BradMatheny

Simple Technical Analysis and Fibonacci Price Theory suggest that RED LINE could be the only thing supporting Ethereum. Heads-Up.

BradMatheny

Much of my research focuses on cycle phases. Many of you may remember my warning back in 2013-14 that a critical market phase was about to roil the markets. Then we entered 2015-16 and watched the markets move sideways with a moderately deep downside price reversion. Then, in 2017 & 2018, I was calling for a major upward price trend - even after the early...

BradMatheny

What's next? My longer-term modeling suggests we are going to experience a massive rally after the bottom sets up from this downtrend. Far too many people are talking DOOM-n-GLOOM with regards to the speculative peak. My interpretation of this move is as follows: Fed/Global Banks created excess capital over the past 8+ years That capital has gone to work as...

BradMatheny

This chart shows how the extreme selling over the past few weeks has deleveraged/revalued the US/Global stock markets to near extreme lows. Historically, once this indicator falls below 25, the markets appear to be near extreme capitulation of any selling event. Obviously, extreme market trends could push this level below 25 for longer periods of time, but...

BradMatheny

Watch how this plays out. I'm seeing the $25,600 level as the immediate downside price target for this move. This brief consolidation in a downtrend may not be over for Cryptos just yet. I believe the global markets are nearing a bottom - or at least looking for new support. But in terms of Crypto deleveraging, I believe there is still quite a bit of pain to...

BradMatheny

Get ready for support to be found over the next week or two as the fear of risks seems to be subsiding. Yes, the Fed is threatening more rate hikes, but the markets have already revalued substantially over the past few weeks given the broad global market collapse and the -25% collapse in the NASDAQ. Traders need to start thinking about "what comes next"? My...

BradMatheny

This downward price trend in Bitcoin could be very damaging for global assets over the next few weeks and months. Speculation in Cryptos has become the new "tulip phase" for many investors throughout the world. What happens if Bitcoin collapses back below $20k? $15k? Even $10k? Would investors still pile into Cryptos as a safe-haven asset if the bottom falls...