In all my years in finance, I've never seen anything like this, particularly on the upside. The data says no one has.

Before I get started, let me say I am not a crypto hater. As a former gold bug during 2005-2011, the goal of decentralization is well understood. I know what I need to know about these vehicles and wrote about the boom to technicians this market has provided in my past article Cryptocurrency Charts!

With that said, on to the bonanza...

Chart Watching

Technicals get mixed reviews. On Seeking Alpha, it seems to be a lukewarm sorta deal. Which is great, in the end it's highly subjective. I'd argue so is fundamental valuation, but that is for another day.

Technicals can, however, tell us a lot about emotions. This...