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.

Bitcoin Reaches Double Bottom Targets

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I wrote a post on 11th April looking at a possible rally options on Bitcoin (BTCUSD), Solana (SOLUSD) and Ethereum (ETHUSD). I wrote a follow up post on 23rd April after Bitcoin broke up from that double top.

On Bitcoin there was a good quality double bottom that on a sustained break over 88k would look for a target in the 102-4k area. Bitcoin made a high at 105k last night so that double bottom target has been reached. So what now?

Well I was looking in that first post at the larger double top target in the 69-70k area and if there is an overall bull flag forming here then Bitcoin may reverse down from here and then hit that target as that overall bull flag forms.

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Meme Coins: The Ultimate Racket

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Bitcoin a “Price” Speculation, Gold Enduring “Value”

“Meme Coins are the stuff of late-stage bubbles” -Captain Obvious

Disclaimer of bias: I have viewed Bitcoin and Crypto in general as a speculation to varying degrees from day 1. NFT? Well as soon as NFT/Crypto drones started liking, following and glad-handing me due to the NFTrh (@NFTRHgt) on what was thenTwitter simply because of three letters in the abbreviated name of my service (Notes From the Rabbit Hole), my Scam-O-Meter red-lined and broke. “Meme Coins”? Well, I told you my Scam-O-Meter broke so I’ll use my B/S Detector instead to take a look at the Crypto sphere vs. gold.

Crypto and especially its speculative outer edges are logical components of the massive array of investments and speculations alike that have been exponentially boosted by the decades-long bubble in monetary and fiscal policies designed to inflate asset prices at all costs. Fed and government, working the same angle from different sides of the street.

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Bitcoin & Solana Break Up

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In my last post on Friday 11th April I was looking at likely rallies coming on both Crypto and equities, and posted some charts looking at the options for that rally on Bitcoin (BTCUSD), Solana (SOLUSD) and Ethereum (ETHUSD).

I posted the contemporaneous chart below back in December and I noted on the chart then that any sharp decline on equity indices historically took Bitcoin down with it, as we have seen, and noted on 11th April that any significant rally on equities would likely take Bitcoin up with it. We’ve been seeing that since.

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