Finance people can sometimes be offended when activities like stock investing are likened to betting. Some would be quick to point out nuances such as betting being won largely by luck whereas investments are influenced by factors that can be studied and analyzed. Perhaps they are simply reacting to the negative connotation betting carries.
Bitcoin (BTCUSD) is breaking below a 2 month triangle support line (on the daily chart) today, and at risk this week of breaking below triangle support (on the weekly chart). Significantly, the weekly MACD appears to be trying to negatively cross, with its histogram approaching zero.
Life expectancy in the United States has declined for two years in a row and early statistics indicate that 2017 that may add a third upward move in the death rate. This has not happened since the Spanish Flu pandemic killed 3-5% of the of the world’s population in 1918-20