5 years in the making, will most likely jump to $5 and see a bit of resistance before heading to ATH of 6.8 or so and maybe have a 20% correction from there but ultimately consolidate up there until the next leg up to $10.
Assuming BTC keeps its momentum going into tomorrow morning, HIVE.VN is set to have a very big day and week next week. Sitting dead nuts on top of this trendline poised for a massive breakout to the upside. HIVE remains the most profitable miner in the space, with far less market cap than some of its competitors. This is an easy long here.
Heavily oversold just to get us back to our trend line which it bounced off nicely. Great buying opportunity at these levels. The only profitable miner in the space with less market cap than RIOT and MARA which are both heavily unprofitable at -0.55eps and -0.44eps respectively vs HIVE +0.045eps. You do the math...
