Might break triangle pattern in the short term to the upside. Possible better entry point at around $7.50 but personally wouldn't wait for it.
Price target: $40
- One of the few listed Bitcoin miners that retaliate strongly against short attack and news releases
- Has actual video evidence of Bitcoin mining facility
- Undervalued at the current price compared to MARA and RIOT due to short sellers attack
- Potentially going in crypto insurance space in future which could be huge.
Price target: $40
Trade closed: stop reached
Closed, pattern failed and not looking good for bitcoin in the short term too
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.