Ichimoku Cloud 1W holding BTC Up

27 set 2021

I normally watch this on the 4 hour timeframe but right now on the 1 Week timeline it seems that the cloud is acting as support. If it stays that way the next four weeks will have BTC up to between 48 and the 53 resistance line where it will probably retrace. Hut 8 mining continued up and will have really great earnings for the remainder of this year and into the first quarter of 2022. They raised 170,000,000 in an offering and are buying more miners. Their Etherium miners will suffer next year but the BTC mining operation has more than enough profit. Bitcoin just needs to get its momentum on the upside to pull along the alt coins.