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.
Bitcoin, Finally!
All I can say is that it’s about goddamned time. After screwing around for the past week, BTC finally broke its trendline. Here’s hoping this is the start of something much, much bigger, as I have multiple positions based on this sucker plunging.
After the Savoy Truffle
I’ve been impatiently waiting for Bitcoin to break for weeks. We aren’t there yet, but we’re very, very close. It briefly crossed below the psychologically important $80,000 level earlier today, and it is pressing against the trendline. It has NOT broken it yet, but if it does, that’ll be a positive development for the one or two Bitcoin bears on the planet besides myself.
Unrelated to this, I took 120% profits on my SMH puts I bought yesterday. I wouldn’t be surprised if they go up more in value, but I’m just not emotionally designed to deal with stuff that expires in a matter of a few days.
BTC and the Fibs
At the risk of seeming like I’m grasping at straws, I noticed that the Fibs have an interesting relationship with the BTC chart.
Make or Break for BTC
Well this is nervewracking.
