bitcoin hype snowballing

12 nov 2024

not everyone can be a winner in the bitcoin bull market. this miner is experiencing a clear uptrend due to higher crypto value. since noon btct has struck an equillibrium with 15 minute higher lows and lower highs. i expect this to break and into the upper 13s if above pivot, or lower 11s if below. daily i expect this stock to turn around back to bear again, even if it maintains the weekly uptrend. im looking at shorting this to $5.39 if we dont breakout on the 4hr chart. stock ahould set a weekly higher low in continuation even if bearish daily.

19 nov 2024

Nota

my reasoning with this is that anything down 99% since inception and up 1000% in a small recent space of time is bound to give up a lot of those gains. it shares no special relationship proportionally to btcusd which im still bullish on.