Thumbing through charts on Thursday evening, I was once again struck by the awesomeness of the Bitcoin top. This sucker could be headed for almost total destruction.
Next Support
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.
Guns (Not Much Butter)
Deceitful Days
Well, I’m annoyed. Before we get to that vital subject, let me offer an observation about the equity market in general.
We start with the Dow, which had yet another record high close at 51,563. Over this week, it has been gaining strength, in spite of all logic, reason, and respect for economic and data-based sense. It just…………..keeps……………going.
Reviewing Thursday
Gargantuan Bottom?
No, this isn’t another Oprah post. I’m talking about BITI, the inverse-on-BTC ETF which has hammered out what is looking like a sensational inverted H&S bottom. It isn’t quite complete, but if it crosses above $29, that suggests a measured move of about $43.
