Member Info for MisterPositive

Could ARBK hit $2 on NASDAQ today...

Beautiful entry point for any fence sitters still waiting to get in to ARB.

Including de-rampers looking for a lower entry before it takes off.

BTC picked up speed now looking to re-test todays High of 21,445

21,356

Yes US bank holiday.

NASDAQ need to do lot of catching up. Can see ARBK heading to $3.00 or higher this week. ARB was bit slow today but could really come alive tomorrow.

BTC 21,280 looking good

17p open sounds pretty realistic.

BTC 21,027

Lets see where Asia takes it overnight.

If Asia overnight take it over 21k (again), then we could be in for a very good open with ARBK also to re-open tomorrow and play catch up.

BTC over 21k again should set up rest of this week very nicely indeed for ARB. Zak Mir will have to revise his short term price target upwards imo.

BTC 21k on its way.

21,012 flashed few mins ago.

20,990

ARB is listed on London Stock Exchange and reached almost $1.4 Billion MCap on 4 Mar 21 during 2021 bitcoin frenzy and think was on FTSE index at the time.

ARB is now reborn and more streamlined with significantly lower Opex going forward as part of the transformational Galaxy deal.

Production should get ramped Up again leading to strong Profit margins from Operations especially with BTC entering another bull market.

ARB is the leader in the pack vs other small micky mouse companies around.

Good consolidation for BTC around 20,800 level getting ready for breakout above 21,000 which could run up towards 25k level pretty quickly.

Would love to see ARBK on NASDAQ hitting $2 in next day or two.

Scotty opening a short position now and you will be "beamed up" full and proper STAR TREK style no where to be seen. Lol

BTC 20,880

Heading back to 21k

Shorters got a small window to close out.

Would expect ARBK price on NASDAQ to be $2.00
or higher tomorrow as they play catch up after US bank holiday today.

Will be happy with 30p but 40p is possible this week.

Combination of Short squeeze and Banks and institutional investors getting back into BTC could take this even higher by end of Jan.

Samsung Asset Management Hong Kong (SAMHK) is the latest firm to get involved in the Bitcoin (BTC) exchange-traded fund (ETF) space, as it has now been approved to list the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market beginning Jan. 13.

SAMHK is a subsidiary of Samsung’s investment arm Samsung Asset Management. Other products listed by the firm include the Global blockchain industry ETF and Asia Pacific Metaverse ETF.

The new BTC futures ETF will track the spot price of Bitcoin by investing in Chicago Mercantile Exchange (CME) Bitcoin Futures and CME Micro-Bitcoin Futures. Its launch comes as interest from governments and institutional investors in the region is on the rise.

https://www.kitco.com/news/2023-01-12/Samsung-Asset-Management-to-launch-a-Bitcoin-futures-ETF-in-Hong-Kong.html?utm_source=spotim&utm_medium=spotim_recirculation&spot_im_redirect_source=pitc

Will not be surprised at all if BTC makes new all time highs in 2023 after having a dreadful 2022.

Big institutions / Banks / hedge funds getting back into BTC. More will be jumping in to ride the Upward momentum in coming days / weeks / months.

Got to stay with the Momentum.

BTC futures just hit 19,900

Momentum picking up. Yes Banks and institutions get back into BTC. Could be a very good year for ARB with significantly lower Opex going forward, margins should increase quite nicely.

Would not rule out 40p being hit in coming weeks.
Time to get in now, still good entry price for the fence sitters before ARB really takes off.

5% move higher over weekend for BTC is very plausible. BTC done 5%-7% moves upwards over weekend in the past.

Institutions / Fund managers and other bigger players getting back into BTC by the looks.

Investment case for me is very simple.

With significantly lower Opex going forward and rising BTC, do i expect price here to rise. YES.