RE:The Close as usual Bac0n nails it.
Bac0n wrote: what a day! many of the crypto mining stocks rallied and close higher on the day, even though Bitcoin only had moderate gains from its lows of 30K yesterday,
looks like everyone is buying the dips in Bitcoin on these companies, I expected the price be much lower for the crypto space this morning, but most (except HIVE) over performed which is good!
BITF of course was the big winner today with 21% gains on the day! up well over $4 and will be $6 I predict by weeks end (assuming there isnt another bitcoin pullback)
short term outlook. I think by weeks end we are looking good for all crypto mining companies, and would recommend loading up tomorrow if you haven't already! the bull run is really prepping to take off now.
BITF and HUT are my top picks, even at these prices there is still alot of upside. I am leary of HIVE given its performance and all the unknowns that surround it.
best of luck on your investments!
*sips scotch*
-Bac0n