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@Kokorache 7 months ago

BitMine up 15% on ETH purchase but technicals still look mixed

BitMine up 15% on ETH purchase but technicals still look mixed

BitMine Immersion Technologies has been volatile lately, dropping 42% since the start of January. They saw a 15% jump on Monday after announcing a purchase of 69,822 ETH. Even with the rally, the chart hasn't fully reversed yet. RSI is up, but the stock is trading at $31.10, just under the $31.46 resistance level. It needs to break that to confirm a recovery. Support is at $30.88. If it holds, it could move to $34.94, but a drop below support could send it to $27.80.
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@eric 7 months ago

Does anyone have specific BTC / ETH treasury companies that they're betting on? Obviously Strategy / MARA and BitMine / Sharplink are the biggest players, but I'm sure there's some more speculative plays out there