With all this crypto hype, mara and riot rallying to new highs, and BTC continuing its bullish rally, what can we look at that is still cheap and related to these big names like Mara and Riot? ..... Well thats where we have $EBON, a chip design company and a manufacturer of high performance bitcoin mining machines. Now with BTC rallying to new highs this a...
This canadian bitcoin miner has formed a nice cup and handle on the 4 hour and daily chart. I prefer handles that do not go past the 50% Fib retracement. Potential catalyst would be uplisting to Nasdaq exchange from OTC for US traders and the OTC symbol is HUMF. I like MARA RIOT and HUT here in bitcoin mining sector. HUT has $48 mill net cash , while Mara and Riot...
When you start putting Bitcoin on your balance sheet, you get the LOG chart. Especially during QE infinity and beyond. Eventually everyone capitulates. You + BTC = Winning
When you compare MARA and FTFT to bitcoin, FTFT has stayed in-line with bitcoin while MARA has had a meteoric rise. I believe it has gotten out way past its skis. For MARA, a company tied heavily to Bitcoin has outperformed it by an astronomical amount. This is not sustainable. Expect a pullback to at least the $28 range, which was previous resistance. The...
One of the most important hardwares needed for mining processes is GPU, NVDA and AMD make the best ones! Although they have positive correlation with Bitcoin price, during hyperbolic phase they move at much lower speed, unlike major miners such as RIOT and MARA which surpass Bitcoin itself. Moshkelgosha
Same thing as my btc post. Looking to grab at 24.
What's up guys, been away over seas I am back! I see a lot of fire going on lately with stocks and Crypto! Bitcoin is SUPER Bullish and I believe this pennant is setting up for a major break out to 50k+!!! Or it can correct down a little more and than go back up! Its hard to tell. Lets play it out! Deffinitely fireworking next few days coming!
MARA. Black line is my entry. Continue to hold until trend changes.
I checked the announcement of Future Fintech Group (NASDAQ: FTFT). In the past six months, they have successively issued announcements to acquire Hong Kong Nice Talent Asset Management, Sichuan Tema supply chain management, Indonesia Asiasens Investment Holding and Bitcoin Bank in the Caribbean, Blocknance etc, but none of them seemed to have officially completed...
I am only playing the run up, but it has been said it is very likely FDA approves their drug. My run up target before March 2 is $15-20.
MARA currently in its wave 4 ABC correction and looks to tap the .236 retracement. Ideally, the price would come closer to the Daily Ichimoku cloud before entry. MARA follows Bitcoin very closely in price action and the run is not over yet. Price falling below $15.15 would need to adjust the Elliott Wave Count.
If it can break above $24.22, we should see a pretty nice break out. No, I don't have a price target. We have several things going for us. One being that someone just pulled half a billion dollars worth of Bitcoin out of Coinbase and stored it on a cold storage device. That means the trading supply just went down, and the demand for BTC goes up. Just think, a...
So I'm looking to get into bitcoin stocks But i have a few questions 1) do both these companies have a fundamental connection to bitcoin or is it just that the industry is up ? 2) mara vs riot and why ! Thanks .
I have made this comparison multiple times, if you not investing in Bitcoin and jut trade it for some profit , just look at these stocks which gains far more by every + day in Bitcoin ..!
By looking at MARA chart you will soon notice the repeated pattern of correction (3times, 33%). This is very usual in rapid bullish trends, and if you learn how to deal with that, it will change your game! Yet this pattern repeated so many time in so many stocks, another good example could be PLUG, check my analysis when it was 15 dollars
Symmetrical triangles abound in my life recently, but I like to gamble so whatever. At least this time it's off a well defined support. $50 or revisiting $10 soon, depending on what BTC does really. In 213 @ $11.52 avg, so I'm just riding either way. Good luck out there!
Just my thoughts on $BTC going into February