Browse Stacks: Trading: slopechart_$BTC.jpg

slopechart_$BTC.jpg

The Daily Blip 

The king managed an intraday ATH it would appear. 

For this intrepid viewer, whatever value charting this thing had in the past is at 0 currently. I am afraid the financial bot army has rendered things murky and indecipherable for me. Flip a quarter, as 1 dollar and one million dollars appear equally likely. 

It might be interesting to note that the 4 year cycle thingy, technically, is still intact, and we have popped a new ATH right at the outside edge of the window for that to happen. I suppose everyone was hoping for 300k, instead of 112k, but algos are gonna algo, and other such funsies. 

One other interesting note might be that many of the alt coins are finally diverging from each other, and other such business that might indicate the wheat is getting sorted from the chaf. You'll have to investigate that on your own... 

HAPPY WEDNESDAY!!!

Image added via SlopeCharts
slopechart_$BTC.jpg

Comments

Mr. WizardMr. Wizard
The pattern so far is rapid gains, consolidation, rapid gains, consolidation. If you extrapolate that out to infinity BTC goes to a million, easily, 10 million, no problem. 
I looked at the exponential growth, and each rapid gain period was weaker than the previous one. $250k is within reach, but a million, very tough. 
Charting - I just don't see BTC respecting support or resistance on the major peaks and valleys. That's IMO a big issue. 7/9/25
The Vulcan Sloper akaGrinThe Vulcan Sloper akaGrin
It's all going to blow up bigly one day. 7/9/25
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