$Riot Platforms(RIOT)$ $CleanSpark, Inc.(CLSK)$ $CME Bitcoin - main 2411(BTCmain)$ πŸ“ˆπŸ”ΊπŸ…±οΈπŸ†„πŸ…»πŸ…»πŸ…ΈπŸ†‚πŸ…·πŸ”ΊπŸ“ˆ

πŸŽ’πŸŽ°πŸ“ˆ Ride the Cycle, Cash the Peak! πŸ“ˆπŸŽ°πŸŽ’

Kia ora Tiger traders!

It’s time to talk about the golden strategy of cyclic plays with our mining stocks, especially the blockchain giants like Riot Platforms ($RIOT)! πŸ“Š This isn’t your ordinary hold-and-hope game, it’s a precision play, buying the lows and selling the highs like clockwork. πŸš€

Take a look at the charts! Chart 1 shows RIOT’s predictable cycle, while Chart 2 displays Bitcoin’s parabolic climb, resembling a Christmas tree πŸŽ„ loaded with gifts for those who can time it right! 🏦

Here’s the scoop: these mining stocks don’t shoot up at Bitcoin’s every move. Instead, they stay relatively calm until Bitcoin approaches its cycle top, only then accelerating at a crazy pace. This past week was a prime example, with mining stocks waking up and moving faster as Bitcoin expandEd. As Bitcoin climbs towards $130k or even $140k, we’ll likely see miners like RIOT reaching their all-time highs. That’s my exit point, I’ll be selling everything at the peak and not holding if we see those highs. πŸ’Έ If you’re looking to make a fortune here, you have to sell.

Why? The difference between the cycle lows and peaks is extreme. After each peak, these stocks cycle all the way back down, even more dramatically than Bitcoin itself. While Bitcoin has significant drops, it doesn’t go as low as the miners. So, the plan is clear: I’m a seller of Bitcoin at the top, then I wait a couple of years, watching for the next ripe entry point when the cycle pattern is back. πŸ“‰ Bitcoin likely won’t see major moves until after the NASDAQ supercycle correction, and as we near the end of 2024, the next miners cycle is expected to kick off around the first quarter or half of 2025.

The Strategy: Play the cycle or get played by it. 🚴 If you’ve missed out or held without watching the peaks and troughs, you might feel like you’re on an endless rollercoaster. The key is to align with Bitcoin’s parabolic rhythm, positioning yourself to exit at the peaks. 

The goal? Buy the lows, ride the cycle, sell the highs. Miss the peak, and it’s another 4-year wait.

Hey Tiger Traders, what’s your take? Are you gearing up to sell at the next peak, or riding it out for the full cycle? 🧐

TigerGPT, what’s the latest insight on Bitcoin’s parabolic positioning and anticipated impact on stocks like RIOT?

Happy trading ahead. Cheers, BC πŸ€πŸ€πŸ€

@Tiger_comments @Tiger_comments @TigerPM @TigerObserver @Daily_Discussion @TigerPicks @TigerStars @TigerGPT 

# Bitcoin Cooling Off: Hold for 100K or Take Profits?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Kiwi_G
    Β·11-14 09:23
    TOP
    I Probs should have sold Terawulf at $9.10…should have known earnings would negatively affect price but not for long, so still holding.. whether that was the right thing to do rather than unload take profits and stock up again in the dip
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    • Kiwi_G:Β 
      ok sweet advice
      11-14 16:04
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    • Kiwi_G:Β 
      good advice thanks!
      11-14 16:02
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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:08
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  • Kiwi_G
    Β·11-14 09:18
    TOP
    so much knowledge, so very interesting. Was about to sell a few miners - then they all dropped overnight. hard to time that
    right thats for sure unless excellent with charting like you! time and experience..
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    • Kiwi_G:Β 
      yes have set many alerts, need to monitor the moving support and resistance levels more. This must be key. i set occasional buy or sell for our overnight… or check twice a night but generally i need my sleep (rowing mum up at 4.30am wrecks me!)
      11-14 16:13
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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:08
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    • Barcode:Β 
      Timing is tricky. Are you setting alerts? It’s a bit of a beast being 24/7. Good luck KG! πŸ€πŸ€πŸ€
      11-14 13:03
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  • SPACE ROCKET
    Β·11-14 02:52
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    Beautiful charts my dear sis!! I love them!! 🩷❀️ Hopefully CLSK hits that high!!! πŸ”₯πŸš€
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    • SPACE ROCKETReplying toBarcode:Β 
      Younger kid is transiting to a new sch soon! Frm presch to elementary! So loads to prep! He's a small lit peanut tho. Bone xray tests show that he is a mini 4.5yr old! πŸ€¦β€β™€οΈ U take care sis, don't need to reply if you're busy! Just know that I'm still arnd if you a listening ear!Have been MIA cusπŸ₯±
      11-14 18:11
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    • SPACE ROCKETReplying toBarcode:Β 
      Try to outsource to your girls to handle if you can! They are old enough! Exams are out, but kiddos are prepping for TKD competitions, Piano recitals, piano theory exam and math olympiads so I'm running all arnd SG! Not forgetting having to prep them for the upcoming sch term!
      11-14 18:08
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    • SPACE ROCKETReplying toBarcode:Β 
      Yeah it's a struggle to get up! I set alarms but sleep thru them! Or I pre-set orders and sleep without keeping track of mkt sentiments... I would have cancelled some orders and place them at even lower prices..but I fell asleep πŸ€¦β€β™€οΈπŸ™ˆ Sounds real busy for you over there sis! You take care too!! πŸ’œ
      11-14 18:06
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  • Barcode
    Β·11-13 19:38
    TOP
    Small caps will perform exactly the same way as I just described the Bitcoin miners. If you compare the chart, they look basically identical, except that the miners cycles are lower and higher. Except that small caps will peak when the general market peaks. Bitcoin will peak when the general market peaks. The miners will peak when the general market peaks. they all basically peak at the same time. It comes down to understanding the structure of the market and how all cycles play out the same way.
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  • TigerGPT
    Β·11-13 19:33
    TOP

    Based on the available news articles and the capital flow data, here's an analysis of Riot Platforms (RIOT):

    Recent News:

    Pseudonymous trader Cold Blooded Shiller argues for investing in crypto-related stocks over cryptocurrencies, citing their outperformance and easier access for traditional finance investors.  

    Coinbase Global, Robinhood Markets, and other crypto-related stocks slipped as Bitcoin's rally appeared to pause.  

    Riot Platforms (RIOT) and other crypto stocks surged following Donald Trump's presidential win, with investors expecting a more crypto-friendly environment.  

    CleanSpark, Inc., a cryptocurrency mining company, experienced a sharp decline following a broader sell-off in the crypto markets.  

      

    Capital Flow Data:

    On 2024-11-12, there was a total inflow of 275 million USD and a total outflow of 251 million USD for RIOT. The inflows consisted of a big inflow of 71.15 million USD, a median inflow of 45.25 million USD, and a small inflow of 158.26 million USD. The outflows included a big outflow of 57.68 million USD, a median outflow of 38.19 million USD, and a small outflow of 155.10 million USD.  

      

    Based on the information above, the recent movement in RIOT's stock price can be attributed to a combination of factors, including the overall performance of the crypto market, investor sentiment towards crypto-related stocks, and capital flow in and out of the stock. It's important to note that the price movement of RIOT and other mining stocks is closely tied to the price of Bitcoin.

    Please keep in mind that this analysis is based on available information and is not investment advice. Investing in stocks involves risks, and it's essential to conduct thorough research and exercise caution when making investment decisions.

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  • Kiwi_G
    Β·11-14 12:58

    Great article, would you like to share it?

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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:08
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    • Barcode:Β 
      Cheers for the shares KG, πŸ€πŸ€πŸ€
      11-14 13:07
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  • Tui Jude
    Β·11-14 12:48

    Great article, would you like to share it?

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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:08
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    • Barcode:Β 
      Cheers for the shares TJ, πŸ€πŸ€πŸ€
      11-14 12:59
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  • Cool Cat Winston
    Β·11-14 12:36

    Great article, would you like to share it?

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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:08
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    • Barcode:Β 
      Cheers for the shares CCW, πŸ€πŸ€πŸ€
      11-14 12:59
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  • Kiwi Tigress
    Β·11-14 09:15

    Great article, would you like to share it?

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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:07
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    • Barcode:Β 
      Cheers for the shares KT, πŸ€πŸ€πŸ€
      11-14 12:59
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  • Queengirlypops
    Β·11-14 01:06

    Great article, would you like to share it?

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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:07
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    • Barcode:Β 
      Cheers for the double shares Q, πŸ€πŸ€πŸ€
      11-14 12:58
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  • Queengirlypops
    Β·11-14 00:57

    Great article, would you like to share it?

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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-14 13:07
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    • Barcode:Β 
      Cheers for the shares Q, πŸ€πŸ€πŸ€
      11-14 12:58
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  • CharlesBaker
    Β·11-13 20:01
    Great strategy
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    • Barcode:Β 
      Happy trading ahead! Cheers BC πŸ€πŸ€πŸ€
      11-13 20:15
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    • Barcode:Β 
      Cheers CB! πŸ€πŸ€πŸ€
      11-13 20:15
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