The Bac0n Diaries Part #13 The Bac0n Diaries Part #13
Date: 26/03/2021
Closing Share Prices:
HIVE - $4.14 -1%
RIOT - $48.22 (usd) +0.1%
HUT - $9.00 +1%
BITF - $6.30 0%
Comments:
GREAT WEEK FOR HIVE! its the only crypto miner that ended today down in value, but thats a good thing! means we all got a chance to double down!
did you guys see the percentages of gains yesterday!!! up 8% MASSIVE gain percentages.
I mean sure HIVE is down on the week, and BITF continued to pull ahead in terms of price differencial, even with their disappointing financials.
BUT! none of that matters, because we all love HIVE right gang!
Bitcoin Prediction:
now that those 8 Billion in future has expired, I see upward momentum for Bitcoin next week,
Now I don't have a fancy Triangle chart that may or may not be a "fake out" .. im not smart enough for that stuff.
But I do still see Bitcoin upside to 65K plus.
Im sure HUT, RIOT and BITF will see the most price gains, but that doesnt matter because HIVE has the highest adjusted market cap!!
and HIVE also has the most shares outstanding, another sign of strength.
did you guys know HIVE has 90% margins on eth mining!
Sign Off:
"Always follow the herd, think the same way everyone else thinks, thats where true genius lays"
-Albert Einstein
*puffs cigar*
-Bac0n
(this is not financial advice)