Celebrated crypto advocate Raoul Pal (pronounced “Throat Warbler Mangrove“) had this to say four years ago about Ethereum and where its price was heading:
Feel THIS…..
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.
The Latest Rug Pull
Decent Bear Flags on Crypto
In my post on Tuesday last week I was looking at the very promising rally setup on Crypto and was looking at the important daily middle band resistance that needed to be broken and converted to open the upside. That didn’t go quite as hoped and in my last post on Friday last week I put forward an alternate scenario where the IHS pattern on Bitcoin (BTCUSD) and Solana (SOLUSD) wouldn’t make targets as it was bear flags that were forming.
In my premarket post this morning I was looking at the bear flags and, coupled with the matching flags on US equity indices, was calling a likely high. We;’‘ll see how that goes.
(more…)Diamond Ripple
I don’t trade crypto anymore, but I’d like to point out this fantastic diamond topping pattern in Ripple ($XRP).
The Big Print
Just to come right to the point, you should buy the new book The Big Print. It’s outstanding, and the country would be better off if every single citizen read and understood it. That’ll never happen, of course, but one can always dream. Anyway, let me back up a bit.
A couple of weeks ago, when I was on Amazon, The Big Print was presented to me as a recommended purchase. I was intrigued by the title, and after reading a brief summary (and seeing the good reviews), I decided to buy it. It arrived a couple of days later, and once I started reading it, I had trouble putting it down.
It didn’t start off great, because when I read the Foreword to the book, it was made plain to me that this would be a celebration of Bitcoin and its opportunity to save us all. I had already purchased and read enough Bitcoin books to not want to endure another sermon, but I decided to press on, and I’m glad I did.
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