Hut8 has a lot of Bitcoin on its balance sheet.
Bitcoin mining fees are going up due to Bitcoin NFT and ordinals.
Bullish AF.
Comment:
HUT8 is a shitcoin. The only pick I got wrong so far this year.
I'm still in the trade because the Left Shoulder has not broken.
Note to self: Bitcoin Miners are shitcoins.
Trade closed manually:
F*ck it. Dump all miners.Just buy Ethereum for the ETF launch.
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I'm still in the trade because the Left Shoulder has not broken.
Note to self: Bitcoin Miners are shitcoins.