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 Hitting Big Support

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In my last post I was looking at the big support levels on Bitcoin (BTCUSD), Solana (SOLUSD) and Ethereum (ETHUSD). I was leaning towards seeing a retracement / consolidation on Crypto in the first half of this year and then strong new highs towards the end of the year with possible bull market highs pencilled in for Nov/Dec 2025.

That is still my view and I still don’t think that the bull market is over. I did promise to cover why that is in this post but I have other things to look at today so I’ll be looking at that in another post before the end of the week.

On Bitcoin (BTCUSD) I was looking at a very obvious backtest target at the 2021 bull market highs. I’ve marked that on the chart below in the $64.9k to $69k range. I also have a rising support trendline from the October 2023 low that is currently in the $65k area and due to reach $69k in May.

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