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The GameStop fiasco did not spark Ether's rally; see the Elliott wave pattern that did. Cryptocurrencies are well-known as hot-potato markets with volatile price swings. Most investors and traders see cryptos as "catch-and-release" - vs. - "buy-and-hold." But this chart tells a somewhat different story. It not only shows that the #1 top performing cryptocurrency for 2020 and (so far) 2021 is #2 in line: Ethereum. But it also shows that, after trending sideways from August through October, ETH held and continued to hold the upside in a powerful rally to record highs on February 3. The clamor ...

See the facts and forecasts that show gold doesn't follow the Fed at all According to mainstream economic wisdom, there are three certainties in life: Death, taxes, and the Federal Reserve being Geppetto to gold's price strings. One way the Fed allegedly controls gold is: An increase in rates and a decrease in stimulus leads to falling gold prices. But that's not the Fed we've come to know since the coronavirus pandemic began in March 2020. That Fed has embraced a dovish policy of low rates and increased stimulus -- which supposedly caused gold to shine "Gold Climbs on U.S. Stimulus Outlook,...

See what 'allowed' for a turn down in the immediate future In case you blinked over the last few days, bitcoin bulls had their hat abruptly handed to them when the cryptocurrency plummeted a jarring 26% in 48 hours. The grisly details (or, here's how this bearish opportunity unfolded, for the few traders who were ready): The selloff was the market's worst two-day decline since the start of the coronavirus in March 2020. The crash took prices $10,000 down from their all-time high near $42,000 set on Friday, January 8. And, all told, the move erased nearly $185 billion from bitcoin's value (Jan...