looks more like it dumps following btc halving im not sure what your indicating
AJMourot
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@brokerbob, During covid price tanked, once the dust settled, the price surged 20X, this was also a series where I compared all mining stocks, and they all surge.
dkzotkov
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@AJMourot, are you a rookie? The covid dip was in March 2020, here we talk about -70% correction post halving in May.... and what you're optimistically pointing out was the big pump that was fueled by the huge increase in money supply across the globe...
AJMourot
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@dkzotkov It's not that serious lol, BTC.D was in a downtrend, and BTC/USD was sideways at best during that time. CAN had an earnings report come out mid May 2020 probably reflecting bad numbers due to COVID, at the end of the day, prices of mining stocks surged post halving, and there is a clear pattern.
brokerbob
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Unfortunately it doesn’t look good. Can lost 50% in 2 weeks.