Argo Blockchain Share Discussion Threads

[beatme1] 28/2/2024 14:33

USA dumped it

[jungmana] 28/2/2024 14:31

Well almosr every miner is going up except this one and you can be rest assured that it will drop if bitcoin slides back down. $60k is a major resistance, let's see if breaks that and holds

[beatme1] 28/2/2024 14:30

Btc higher by 7k and arb is same price

[beatme1] 28/2/2024 14:30

They wnt let it rise They are trying toKill it

[apotheki] 28/2/2024 14:21

BlockchainK2 [TSXv:BITK] - a very undervalued BITCOIN MINER & Cryptocurrencies & BLOCKCHAIN INVESTOR

Much better stock performance yesterday from BlockchainK2 [TSXv:BITK] and with all the cryptocurrencies including of course BITCOIN going mental again today....it could well be another potentially decent trading day today for TSXv:BITK

[beatme1] 28/2/2024 14:17

Having this stock here and in USA has screwed up things Nasdaq was the worst mistake Peter wall made

[seedoftongo] 28/2/2024 14:04

You have any BTC master ?

[master rsi] 28/2/2024 13:51

Bitcoin: How to Trade the Crypto's Likely Path to New All-Time Highs
Damian Nowiszewski - Feb 28, 2024 10:07
BTC/USD +6.20%
ETH/USD +2.52%
SOL/USD +1.61%
BTC/USD +5.65%

Bitcoin is on the rise and faces resistance at $60K before targeting all-time highs.
Ethereum could follow suit with the potential launch of a spot ETF in the offing.
Meanwhile, can Solana overcome hurdles to unleash its hidden potential?
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After breaking the key $57K resistance, the world's largest cryptocurrency, Bitcoin, appears to be aiming at a new all-time high, with the psychological $60 barrier as the primary test above.

But while BTC has been on a solid uptrend - rallying some 34% since the start of the year - other cryptocurrencies are also presenting great growth potential.

For instance, Bitcoin's main competitor, Ethereum, has boasted a 43% YTD return. Meanwhile, Solana, currently the fifth-largest digital currency by market capitalization, has posted an 8% gain since the beginning of January.

Optimism in the crypto space primarily stems from Bitcoin's upcoming halving, historically known to generate significant demand before and after the event. Additionally, the recent launch of ETFs has attracted funds into Bitcoin, reflecting positively on its spot price.

Fundamentally, hopes of rate cuts by the Fed could continue to fuel gains in the sector in the coming months.

In this piece, we will take a look at three ways to benefit from Bitcoin's attempt to reach new all-time highs.

Bitcoin Approaches $60,000, Eyes All-Time Highs
Bitcoin has been on the rise in recent weeks, making it challenging to find a better entry point at a lower price.

If Bitcoin manages to surpass the next psychological barrier of $60,000, it will pave the way for an attempt to reach the historical peak around $69,000.

MicroStrategy (NASDAQ:MSTR), a key investor in Bitcoin, has once again raised its exposure on the demand side.

Currently, its total coin holdings are valued at $6.09 billion, with an additional $155 million added in just the past few days.

Moreover, there's a continuous flow of funds into newly launched ETFs. Since January 10, when they were introduced, the total funds allocated have already reached $6.1 billion.

Ethereum Nears Crucial Resistance: Can it Break Higher?
From a technical point of view, Ethereum bulls face a serious test in the region of $3400 per coin before a potential attack on all-time highs.

Ethereum Daily ChartEthereum Daily Chart
Only if the indicated area is broken, the buyers can confidently consider reaching new highs.

Additionally, two other factors are noteworthy: the upcoming Dencum update and the potential launch of a spot ETF on Ethereum. This could create a similar demand effect as seen with Bitcoin.

Solana Consolidates With Breakout in Sights
Solana, in contrast to Bitcoin or Ethereum, began the year with a consolidation phase.

The primary challenge faced by the entire ecosystem currently is network failures and outages, hindering its full potential.

However, Solana's trading volume on decentralized exchanges (DEX) surpassed Ethereum's early in the month, signaling sustained interest.

To resume consistent growth, Solana needs to surpass its recent high, situated around $124 per coin.

Solana Daily ChartSolana Daily Chart
If bulls succeed, they are likely to target the highest point in April 2022, which is around $144.

[beatme1] 28/2/2024 13:43

Look the the seling comes piling in to smash the bid and keep it downYet when the placing was being done they let it run to 35p easily

[beatme1] 28/2/2024 13:35

Look at that control

[zydecoco] 28/2/2024 13:34

beatme1, I posted yesterday (33562) about this, and have now updated it:If B/E level here is BTC 63k, as BTC (currently 60k) gets closer to that (only 5% away), then ARB starts to look more attractive as its runway increases.FWIW IMO, BTC going thru 67k pre-halving would see ARB rise more freely.DYORHow long before we get to those areas is the question I am looking at.

[beatme1] 28/2/2024 13:27

Absolutely no one is talking about this on other social mediaNo one It's a shame

[beatme1] 28/2/2024 13:26

It's actually quite pathetic The way this stock is controlled and manipulated

[master rsi] 28/2/2024 13:26

BTC over the $60.000 to $60,343

[growthinvestor2001] 28/2/2024 13:24

..and there goes btc $60k - this is moving a bit too fast for my liking now - need the miners to catch up ...

[zydecoco] 28/2/2024 13:23

BTC struts through 60k

[zydecoco] 28/2/2024 13:23

BTC struts through 60k

[beatme1] 28/2/2024 13:22

Last time Bitcoin was 45k this went to 35pNow btc is 59 and it's struggling to pass 21p

[broomrigg] 28/2/2024 11:53

When bitcoin flies, the best ARB can do is mark time.

Sell ahead of the halving folks.

[the big fella] 28/2/2024 11:52

But what if it re traces to low 50’s. Where will it be then?

[richie1218] 28/2/2024 11:29

when BTC hits $70,000 next month "as predicted" I can see ARB being closer to 30p than 20p, but what do I know ... dyor

[qs99] 28/2/2024 11:29

interesting

Wonder if a few are short ARB here given some of the posts. DYOR

I sense the doom is overdone...BTC looks as though it is on a real clip, if $60k goes, where to next? All the while hopefully ARB making some decent hay before halving....


DYOR

[jungmana] 28/2/2024 10:54

Btc near 60k and arb is struggling to keep 21p, imagine if btc retreats to $50k,Then we will be back to 15p .