Bitcoin may be entering a bear market as energy costs, AI competition, and a completed Elliott Wave pattern raise serious questions about the long-term sustainability of its mining and network security.

What is required to revive the economy is not strengthening aggregate demand through government spending, but curbing government spending.

The S&P 500 is down from peak by 4%, Bitcoin down 26%.

In the past month and a half, we've seen silver go from the upper $40s range to as high as $54, come back down, go back up to $54 again, and then sell off. 

The “new gold” or “anti-dollar” is in deep, technical trouble. Not only did it break below both rising support lines, but it also invalidated its move above the key psychological $100k level.