codemonkeytx

Hut8 Long - Merger + BTC ETF

Long
BATS:HUT   Hut 8 Corp.
A couple of factors point to upside pressure..
These setups can always fail though.

What I'm looking at is this BTC miner has lagged behind others but has upside pressure factors currently.
  • US Bitcoin Corporation shareholders approved merger. Final by 11/30 hopefully.
  • BTC on a run to 40k with potential ETF approval 1/10
  • Any news of fixing current mining capacity could cause it to run.
  • Chart looks primed.
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