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.

Inflection Point Here On Crypto

By -

I’ve been looking at the overall bull flag setup on Bitcoin (BTCUSD) for months now, and that has finally broken up and almost delivered a full retest of the all time high at 73,802.641 yesterday, though it fell just short.

My lean is that Bitcoin makes a new all time high soon and continues higher, but there is an alternative scenario, and we could see a hard reversal here instead.

(more…)