Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Crypto Falters

By -

All assets are joined at the hip. It didn’t used to be that way. These days, however, with the government fully in charge of thrusting liquidity into the markets, it doesn’t matter if you’re talking about gold, stocks, or kitty litter, everything moves up or down together. This is why I’d like to highlight the fact that Bitcoin ($BTC) seems to be squandering its opportunity to burst forth from its green basing pattern, shown below. Instead, it has spent a week just lamely roaming around doing nothing. It is entirely possible the price is going to slip well into that green zone, spoiling the setup and souring the entire crypto space.

I sure hope so!