HIVE Digital Technologies Ltd V.HIVE

Bitcoin Recovery

[BasebaIIfury]

Bitcoin is going to take a third run at staying over 40K over the weekend. If it makes it this time.. possible we see 42K - 45K Bitcoin by Monday morning.

I understand everyone's hesitation and reluctance to hold crypto mining stocks when bitcoin is especially volatile. But I'll say this.. I've learned to never bet against bitcoin.

[AlphaJ]

or it could result in a triple top which can result in a landslide. To each their own, ill risk it. 4-6 weeks consolidation after a crazy rally is normal.

[gatekeeper1977]

This post has been removed in accordance with Community Policy

[MrBeckhamJr7]

Priming itself for some new highs $$$

[Bac0n]

lol AlphaJ is scared, and betting against Bitcoin. good luck with that buddy! -Bac0n

[AlphaJ]

maybe you haven't been reading my messages. Has nothing to do with fear and everything to do with probabilities and statistics. So far, my theory is being supported soo, good luck kiddo :)

[Bac0n]

WHAT A BASHER! WE HATE BASHERS DONT WE GUYS!  -Bac0n

[AlphaJ]

lol oh you.

[ToothlessGrin]

Responsible trading is the game with these miners. The cycles have history. If BTC holds at 36ish through weekend i will take a half positition again, which for me is modest at 5K shares. I will have my stops in with some stats and tech analysis/ Preserve capital if it drops, and be postioned for upside if it runs. If i have to buy higher, and i miss out some profit, so be it. Everyday BTC/ETH

[AlphaJ]

I agree, with volatility dropping at 35-36k holding, I may take a small position. Maybe 100k shares.

[AlphaJ]

although the 2017 rally consisted of 4 major corrections. The all were followed by a calming period 4-6 weeks, a swift drop and then resumed the rally immediately after the drop. Thats what I'm waiting for.

[AlphaJ]

correction the first correction bottomed out in 6 weeks, the second took 4 and the last 2 were about 2 weeks to bottom.