$BTCM chart analysis 👁🗨️
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This morning my team purchased shares of Bitcoin Mining Company
BTCM at $2.70 per share.
This post is mainly intended to allow others who are currently invested in this company to look at it through our own lens.BTCM has strong ties with Hong Kong which is being used as a regulatory crypto hub for China. In addition, back on May 1, 2023 BTCM announced its "Next Generation of Litecoin/Dogecoin Mining: LD4" which is designed for mining on the DOGE and LTC blockchains with "peak hash rate and energy efficiency." With Bitcoin now eyeing $35000-$36000 we can soon expect altcoins (particularly Ethereum and Doge) to run behind and catch a late run.
Billionaire Elon Musk who now owns twitter may also be planning to utilize Doge and integrate it with twitter. This is speculation of course but if this becomes reality expect Doge to run hard andBTCM will also share the glory.
Our target right now is $4.66 if Bitcoin approaches 35k-36k. Good luck!
Our Entry: $2.70
Take Profit: $4.66
Stop Loss: $2.53
If you want to see more, please like and follow us SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This morning my team purchased shares of Bitcoin Mining Company
BTCM at $2.70 per share.This post is mainly intended to allow others who are currently invested in this company to look at it through our own lens.
BTCM has strong ties with Hong Kong which is being used as a regulatory crypto hub for China. In addition, back on May 1, 2023 BTCM announced its "Next Generation of Litecoin/Dogecoin Mining: LD4" which is designed for mining on the DOGE and LTC blockchains with "peak hash rate and energy efficiency." With Bitcoin now eyeing $35000-$36000 we can soon expect altcoins (particularly Ethereum and Doge) to run behind and catch a late run. Billionaire Elon Musk who now owns twitter may also be planning to utilize Doge and integrate it with twitter. This is speculation of course but if this becomes reality expect Doge to run hard and
BTCM will also share the glory. Our target right now is $4.66 if Bitcoin approaches 35k-36k. Good luck!
Our Entry: $2.70
Take Profit: $4.66
Stop Loss: $2.53
If you want to see more, please like and follow us SimplyShowMeTheMoney
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