Prologue
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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.
Tariffs As Part Of Trump’s Grand Strategy
Great Expectations and Bitcoin
Metaphors and analogies are how I tend to make sense of the world, and a new one occurred to me today between two unlikely situations: the purchase of my company in 2005 and the price of Bitcoin, show below (with an arrow marking the Presidential election).
Withering Away
Watching the Trump coin (available on SlopeCharts under the easy to remember ticker $TRUMP) is fascinating. I’m not sure if this thing is kind of like a popularity poll or, like Bitcoin, a proxy for the general risk on/risk off zeitgeist. It blasted from pennies to almost $80 in a few days, and since then has withered away to less than a third of its peak. I pretty much is guaranteed to be worth $0 by January 20, 2029, but I truly wonder what spasmodic actions are going to take place in between.
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Bitcoin & Solana Bull Flags Breaking Up
In my last post on Thursday last week I was, among other things, looking at a sharply upsloping H&S on Bitcoin (BTCUSD) that had broken down with a target in the 92,000 area, though I was expecting that H&S to reject back up into the highs, and over last weekend Bitcoin broke down into a low at 97.7k.
On the face of it that was looking promising for the H&S to reach target but in my premarket video on Monday I put the case against that, on the basis that so far at least, this was looking like a backtest of the daily middle band as part of a bullish consolidation. In my premarket video on Tuesday I had drawn in the obvious bull flag setups on both Bitcoin and Solana (SOLUSD).
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