Cat has kept me sane throughout all of the ebb and flow of the miners. It's been a wild ride but his analysis has been life changing. Will be forever thankful.
People talk about dilution but neglect the fact MARA has increased their EH/s more than 25-30X since the last cycle. They also increased their HODL massively. Anyone fading MARA isn't thinking properly IMO.
Ppl are getting caught in the technical weeds, when PA action is bearish ppl come up with reasoning to justify their biases, look forward to btc price soaring, retail pouring in, how does the miner with the biggest hodl not matter? We need to be forward looking and predict what the avg retail investor will buy.
I'll look into it! I just feel that there are so many miners, talking about one of them would kind of give an idea as to how the rest of them would follow, but yes!
$MARA didn't really seriously start mining #Bitcoin until 2020. The previous history most likely is not relevant because it's a very different company.
I think you'd be losing a lot of sleep through times of euphoria and devastation/fear, but probably more euphoric than fearful Either way, you'll be losing sleep
Thanks cat, I really needed this right now. I'm hearing a lot of people trying to figure out what the major sentiment is out there to come up with the contrarian argument. The problem is that it's hard to know what everyone is thinking because we all have our own pool of people in our cycles . Like one analyst says it is bullish right now and another one says it's bearish right now. My feeling is that we (BTC ) might go sideways through the elections. In this scenario do you think the mining stocks trend upwards since they've been going down for so long and it's looking like they are heading up right now. ? I'm just trying to figure out if the mining stocks start heading up in the event of BTC not breaking out. Obviously I know you don't have a cristal Ball but I think you read charts and understand how these mining stocks work. Thanks again for your hard work.
Cat has kept me sane throughout all of the ebb and flow of the miners. It's been a wild ride but his analysis has been life changing. Will be forever thankful.
Yeah, I thought the cycle would be faster but it has been extremely slow and painful
I'm still here though
Haters can still hate, but I still allocate
People talk about dilution but neglect the fact MARA has increased their EH/s more than 25-30X since the last cycle. They also increased their HODL massively. Anyone fading MARA isn't thinking properly IMO.
Ppl are getting caught in the technical weeds, when PA action is bearish ppl come up with reasoning to justify their biases, look forward to btc price soaring, retail pouring in, how does the miner with the biggest hodl not matter? We need to be forward looking and predict what the avg retail investor will buy.
Thanks for the insight!!!😁😁
Thanks for the update!!!
I sold some positions, hoping to catch a bit lower. I still think BTC needs another dip. Excellent formation, thank you Cantonese Cat :)
What a day!
Ty cat 👍
Thank you 🐱
I need Bitfarms to the moon !! Thanks friend Cat 😊
Bitf to the moon please Cat
We need more BitF update cat ! Even thought you say its basically the same.
I'll look into it! I just feel that there are so many miners, talking about one of them would kind of give an idea as to how the rest of them would follow, but yes!
Looking back at Mara's history, how come it popped so much higher in 2015 than 2020? Do you think it'll pop less this time than 2020 bc of history?
$MARA didn't really seriously start mining #Bitcoin until 2020. The previous history most likely is not relevant because it's a very different company.
Well we're definitely gapping up tomorrow if BTC can hold most of these gains overnight lol. Just pumped hard to 71.5k as I type this
Yeah, I'm a bit worried that it would drop back down to the 69K zone because too many degens have leveraged long
@ holding reallyyyy strong so far despite being way overbought on short term. Notable I think
Very good! What is your thoughts about MIGI? You never talk about it...
Looks like $HIVE. It's not bad, but still doesn't quite have a bull trend. There are simply too many miners out there...
@@CantoneseCat Anyway, there is some movement..
can you analyze IREN and HIMS? thanks cat
Uploading HIMS video right now. I'll try to get to $IREN on X tonight or tomorrow.
If you don't follow me on X, it's x.com/cantonmeow
x.com/cantonmeow/status/1851873356183638218
For my $IREN analysis available on X (charted for you tonight)
Cat, I'm thinking of going all in on Mara, is this suicide?
I think you'd be losing a lot of sleep through times of euphoria and devastation/fear, but probably more euphoric than fearful
Either way, you'll be losing sleep
Thanks cat, I really needed this right now. I'm hearing a lot of people trying to figure out what the major sentiment is out there to come up with the contrarian argument. The problem is that it's hard to know what everyone is thinking because we all have our own pool of people in our cycles . Like one analyst says it is bullish right now and another one says it's bearish right now.
My feeling is that we (BTC ) might go sideways through the elections.
In this scenario do you think the mining stocks trend upwards since they've been going down for so long and it's looking like they are heading up right now. ?
I'm just trying to figure out if the mining stocks start heading up in the event of BTC not breaking out.
Obviously I know you don't have a cristal Ball but I think you read charts and understand how these mining stocks work.
Thanks again for your hard work.
Higher
Please help make update for Bitf also many watchers
Last time I did a Bitfarm exclusive video was when it was $1.6 and my bullish #Bitfarms posts were trashed by others on X... they're fun to do :)