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Also, in case there were to come more restrictions in the next few months, let's not forget that two of the biggest gainers in the last round of restrictions was BTC and the miners stocks. Restrictions are crap for us but seem to be very bullish for crypto and miners.
The market is reacting very positively to the preliminary data that has come from South Africa over the weekend, and especially yesterday, which so far shows that Omicron is very mild and without typical covid symptoms such as loss of tastes and smell. Also not a single patient with Omicron has been hospitalised and recovery has only taken on average 2 days at home. Seems the most you get is some fatigue and maybe a slight cold (quote the head of the SMA).
The WHO also called for an immediate removal of the travel restrictions yesterday.
Should be a positive day for the global markets as tensions have significantly eased. Crypto has already moved very positively to the news.
Chaebol and Chuz, today's BTC was caused by the global market overreacting to the WHO. I'm pretty sure that it will be business as usual next week again for all stocks including the miners and BTC.
You guys sure spend a lot of time here for two people who don't believe in this. Have you broken your own rule and fallen in love with the stock? ;-)
Chuz, all your recent messages are of you continually buying the Riot dip yet the price there keeps dipping and we're still above your sell price here.
I think you enjoy playing the victim which is why you keep posting here.
DYOR but looking on chain at the BTC moved off exchanges in the last 2 weeks in major orders and that the large orders which remain keep raising their buy price as BTC goes higher makes me think we could have a BTC breakout to the upside very soon.
ZCash just keeps going up. Nearing $300.
BTC moving up as well. Major support has risen up to $56.5k and $56k. It pushed above the 5EMA at $57.9k over night and looks to be setting up for another move over it.
Argo now has options trading which will bring in more investors and significantly more volume. We saw the beginning of that yesterday along with the PR.
All moving nicely towards the operational update next week.
The PR was great and along with the options trading that started today for ARBK means more investors and a lot more volume. We're seeing a combo of the two along with being undervalued and having great fundamentals.
Perfect storm to push the SP higher.