It’s seriously amazing how many people keep falling for this stuff. I think you can safely assume 100% of anything going on in the crypto space is sketchy, at best.
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 is Sending a Memo!
Recalling my post yesterday evening about how crypto’s huge rise yesterday was “a one-hit wonder”, that seems to have panned out nicely. What hasn’t panned out (yet) is for equities to follow along. Give it another day or two, m’kay?
Let Bitcoin Lead the Way
This is probably not the kind of title post you expected, but my point is a simple one: assets are all joined at the hip. It isn’t natural, it isn’t healthy, but it’s definitely real. The explosive surge you saw today on Bitcoin went hand-in-hand with the roaring markets in bonds, equities, and kitty litter. Take special note how close today’s high came to a perfect tag of the major Fibonacci resistance level. Wow!
The Goose Got Cooked
Ya know, maybe I should return to my crypto trading account. I’m good at these charts, but I’m not making money at it.
Only yesterday did I write More Sauce for the Goose, which noted the important failure of Bitcoin’s trendline. Not even one full day later, we have this:
More Sauce for the Goose
It may seem unrelated to equities, but it never is. Assets tend to move together. Thus, the breakdown of Ethereum is yet another thing that’s going to be helpful to me and the two other bears on the entire planet.
