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bradleylitwin
Apr 13, 2021 6:03 PM

CAANAN SET TO RIP! over $20 amid Coinbase IPO Long

Canaan Inc.NASDAQ

Description

Caanan took a tumble earlier this week due to some FUD journalism and fears of a Bitcoin dump, however this Bitcoin Mining stock could not be more undervalued today as it surged back 15% in early amid new Bitcoin all time highs and a hotly anticipated Coinbase IPO debuting tomorrow. If you are looking for an extreme value play in the crypto space this week, cash in on the current hyperbullish wave of sentiment and take a position in CAN. With the chart forming a technical double bottom I expect extremely high percentage gains to capture it's former $20 price ad bitcoin trades up to over $80,000 in the near term. Cheers, and good luck my fellow cyrpto bulls. Peace!
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