Riot Blockchain Inc ($RIOT) ride while bitcoin up as bullish?
(YTD = NASDAQ: $RIOT) 27.85 USD +11.37 year to date = the step brother $MARA, this was the best second run from a blockchain miner stock. I mean it ran so hard that people are stuck!. But yea, lets talk about the website... it talks a lot of mining and blockchain but nothing good of a PR. It moves while Bitcoin moves like his week. All time high and shocking this haven't jump back to $70+. Remember today is paid day! many are feeding the stock-market with their paycheck. I like how this stay consistent when bitcoin was ok but slowly growing back and forth after the last pump. Will we see $70+ again? nope because I believe Chatroom and Meme warriors on $NXTD then $CNET.. Remember NFT play a rule and $NFT is the best with $CNET.
Bubble or not! NFT will be here for a bit, But I believe a huge bullish run then into something painful, just keep the capital gain as long-term and the rest trading as swing.
This chart had a huge huge pump beginning of the year! This is a very popular stock and I'm shock that it only follow bitcoin movement and nothing else ! will we see a pump again? I mean we should due to its high of 52week from Bitcoin? why haven't see a pump of pump like beginning of the year? with 100%+? but only $NXTD? we find out folks ! Riot need better content also I mean look at the high of high ! sad for who as bag thats was coming from the government check to help boost this baby up !
By looking at the market-cap and also the 1 year target it show $47.50! 52-week high = $79.50 with a woo drop where it is now. We got along ok way to go back to 52 week high. 94,442 is the number being follow on stock-twits.
LAST SIGNAL:: BUY
LEVEL:: SWING KING and LONG TERM ( THE BEST)
About Riot Blockchain Inc.
"Riot Blockchain, Inc. is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States. We are focused on expanding our operations by increasing our Bitcoin mining hash rate and infrastructure capacity. Riot believes the future of Bitcoin mining will benefit from American operations and endeavors to be the driver of that future. ".
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