The first stock I mentioned in my Long Ideas post yesterday, Cipher Mining, is up double digits today and has escaped its consolidation pattern to the upside.
There Goes Cipher!
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.
GameStop Update
Is Bitcoin Warning Us?
Bitcoin has had a superb year for itself. Even though 2024 isn’t even half over, $BTC has moved up hundreds of percent, and it has neatly been banging inside its gently-ascending rainbow. All is well, right?
Crypto Falters
All assets are joined at the hip. It didn’t used to be that way. These days, however, with the government fully in charge of thrusting liquidity into the markets, it doesn’t matter if you’re talking about gold, stocks, or kitty litter, everything moves up or down together. This is why I’d like to highlight the fact that Bitcoin ($BTC) seems to be squandering its opportunity to burst forth from its green basing pattern, shown below. Instead, it has spent a week just lamely roaming around doing nothing. It is entirely possible the price is going to slip well into that green zone, spoiling the setup and souring the entire crypto space.
I sure hope so!
