Bt360

Bt360 Updated 

Have we already seen the 2019 low? There is a very good chance that we have. However, I do not believe we are out of the woods yet. In my last post, I challenged the notion that Bitcoin hasn't yet bottomed, and that we could go lower based on a comparison to the 2014-2015 market cycle. While I don't place too much importance on perfectly identifying bottoms &...

Bt360 Updated 

Prior to this initial price surge, the White house released comments about their intentions to deliver a solution to the GSE reform (Re-privatizing Freddie & Fannie). Both Mortgage giants have been forwarding their profits to the U.S. Treasury and delivering handsome returns since 2008, after they were bailed out by the U.S. Government during the crisis. Now,...

Bt360 Updated 

Has BTC found its bottom? My guess is probably not. Looking at a weekly log chart helps us visualize the trend that has been established throughout Bitcoin's life time since its inception. By analyzing the structure of Bitcoin's market structure, we can see a reasonable-enough resemblance between Btc's 2013-2015 cycle, and the 2017-Present market cycle. With...