I don't know much about that one, isn't it a miner like RIOT and
MARA, the problem is the mining crypto stocks have been doing the
worst over the ones that simply hold bitcoin or are proxies to
bitcoin.
technically these are all very weak including HUT, on HUT chart
you have a support zone around here from the Mar lows, and of
course back in January, now whether it finds support in those areas
remain to be seen, but clearly the onus is on the 'bulls' for this
one
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does anyone have thoughts on
Posted by bigg on 16th of Apr 2024 at 12:47 pm
does anyone have thoughts on HUT, If bitcoin can hold 61,500 , then HUT could be in a wave 2 flat and make a higher high above 12.
I don't know much about
Posted by matt on 16th of Apr 2024 at 01:09 pm
I don't know much about that one, isn't it a miner like RIOT and MARA, the problem is the mining crypto stocks have been doing the worst over the ones that simply hold bitcoin or are proxies to bitcoin.
technically these are all very weak including HUT, on HUT chart you have a support zone around here from the Mar lows, and of course back in January, now whether it finds support in those areas remain to be seen, but clearly the onus is on the 'bulls' for this one