To The Moon

As we have seen Bitcoin making its way again above $70,000, have a conversation this morning with a friend, he had make profit by seeing BTC flash crash on a bull market as money making opportunities.

So I asked myself this question, how many of us have actually see that all cycles seem to follow this pattern, we just hope that ETFs and regulations do not change this characteristics of crypto.

Now let me share with you on how we can stay on some of these crypto stocks while Bitcoin continue to adjust its flow as the cycles continue in a bull market, there are opportunities we can take advantage of.

Bitcoin has cleared the $70,000 mark at time of this writing. The Bitcoin trend indicator is back to upside,

Why MicroStrategy (MSTR)

If we look closely on how $MicroStrategy(MSTR)$ have been trading over the past weeks, it is not difficult to notice that MSTR have been showing strength when the price move above the upper band, This is another indication that an uptrend is in play.

This is especially true when the channel is angled upwards, as the angle of the channel helps to identify trend direction, a rising channel means the price has been rising.

CleanSpark (CLSK) Has Shown Potential As Well

Another crypto stock giving me similar observation is CLSK, we can see that price is trading above the upper band, This is another indication that an uptrend is in play.

This is especially true when the channel is angled upwards, as the angle of the channel helps to identify trend direction, a rising channel means the price has been rising.

Marathon Digital - Be careful When Trading

As we can see that the price is angled downward and towards the lower band, this is an indication of a downtrend. If the price has been hitting the middle band, this could be an indication that MARA is trying to come out of the downtrend, but seem to have trouble moving up.

Summary

With the Bitcoin flash crash, we could identify some crypto stocks who have managed to withstand the impact. Those who has managed to recover and perform are the ones we might want to focus and monitor as we move closer to the Bitcoin halving.

There might be another Bitcoin flash crash, so it might be an opportunity to load up while the stocks make a correction.

Appreciate if you could share your thoughts in the comment section whether you think MSTR and CLSK are two crypto stocks we could look out for opportunities during and after Bitcoin flash crash?

@TigerStars @Daily_Discussion @Tiger_Earnings @TigerWire appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.