Riot Blockchain, Inc. - $5.99 -> $30 With all of the hype around Bitcoin in 2017, companies were literally created around mining this digital piece of currency. To this day, many powerful individuals still believe a single Bitcoin is worth more than a brick of gold. So why do we sit back and watch whoever created this digital masterpiece get filthy rich? Why not get rich with the bastard?
RIOT is a company who wants to support BTC and collect as many as possible. With BTC recent spike to 18K, I have no doubt it will reach 50k in a very short time as BTC is undoubtedly the currency of the future. Think of it as a central hub that all countries can share ideas with, and grow out of equally. Unfortunately, banks have not accepted this form of currency until VERY recently.
At the same time BTC peaked during 2017, reaching highs of $19.2k, RIOT reached highs of $28.5.
Currently:
BTC - $18,500
RIOT - $5.99
Don't get left behind boys
If BTC breaks $20k within the next few weeks, RIOT will hit at least +$30 by the end of the year. Especially with all the good news coming out.
*These are 100% my own thoughts and predictions. Your money is your own responsibility. I am not a financial advisor.*
RIOT
Riot to $9.75RIOT usually follows BTC. BTC is looking to hit 20k so Riot should start to push over $6.15 we go to $7.15. Over $7.15 we go to $8.70 before going to $9.75 over $9.75, i'll be looking to take RIOT up to the gap at $16.61, FOMO is kicking up on riot. As long as price stays above $5.86 then I am bullish.
Ammo shelves empty saw for myself no ammo anywhere upstate. look out for earnings beat Vista Federal Ammo. pullback enter above MA or swing trade like me. Election Biden win explodes Trump Civil unrest Win Win
RIOT & BTC poised for a breakout as Fed pumps money supplyThe Fed is standing firm on monetary policy for the foreseeable future. This so far has already clearly contributed to the recent rise in BTC as a USD hedge, and should lead to significant gains in blockchain companies across the board. How high is the question... wouldn't be surprised to see it at $20 by EOY. Let me know your thoughts!
sold out everywhere....well this is consolidating nice along moving avg. perfect pullback to enter at high of day next week. though i feel it is a good swing trade rather then momo but can prob. go either way. election Biden win gonna explode trump win civil unrest = Guns and ammo..... Bought long calls into may and might trade
Short term in contrast with longer timeframe!It is possible for Bitcoin to experience lower prices between 14700-14800, where the support line and SMA200 could convince bulls to add to their positions!
I believe by the next week, Bitcoin has a good chance to get out of consolidation and we will see another bullish rally.
$RIOT Crypto Backed Breakout Coming?$RIOT has been grinding higher for a few days now and creating a strong base on this pullback to previous structure. Sellers are still in charge with lower highs and at least double bottoms so the best the buyers can hope for is a short-term bounce to form a range. If the buyers can't maintain strength on a higher low (green path), then the longer term deeper dip would be next (orange path). Either way, it appears like buyers are interested, it's more just a matter of timing for now. With the crypto markets pushing nicely up this weekend, that may be the fuel they need to break through wedge highs and get things going.
RIOT looks to be falling again one last time RIOT looks to be falling again one last time before moving back up again.
No real evidence just a gut feeling - is a long walk to the next earnings report but by then it will be too late. Buy the dips as we climb higher - people will put two and two together eventually, crypto mining companies make money when BTC jumps up.
I will put in some buys from $3-$4 in 10 cent increments.
These are my trading notes I have no formal education - I am an artist who likes to draw lines.
RIOT forming a nice bull patternA friend of mine asked me to take a look at Riot Blockchain Inc. (from their official website: Riot Blockchain Inc. is focused on building, supporting and operating Blockchain technologies).
Anyway, chart is looking good:) Will watch it closely.
Trade with care! - chartingfeed