Member Info for TOTHEMOONBITCOIN

next target is resistance @13.35p then ATH @17p after that its clear blue sky and off to the races in a rocketship ! interesting BTC did almost exactly what I said could happen by hitting $18.8k -£19.2k them pulling back to just about my first target @$17.7k couple of interesting observations * it was a very quick pullback and rebound and secondly it was at the shallow end of what I was expecting , certainly a drop to $15.8k wouldn't have been a big shock . Time will tell but its looking like a lot of BTC holders are strong hands and wont be easily shaken out and along with the buying from institutions and the super rich its possible this cycle wont see the 30-40% pull backs seen previously .
the other thing is Plan B'S stock to flow chart is absolutely bang on target which is pretty exciting , you have to think only a black swan event can stop BTC .

its tempting to sell ARB on a 2x but stay strong , this could go to the moon ,

https://youtu.be/oihNhJDBy4g

coming towards the end of the December contracts in gold , 70,000 open contracts , the big banks are desperate to shake some of these out so almost certainly they've dumped paper gold onto the market to drive down the price , I'm not convinced it will work this time . if they cant get those open contracts down below 15-20,000 some banks are in big trouble . Gold and silver could spike very dramatically in December .

looks like Hadron have trimmed there holding , they did have 4.99% now down by .38% or 1,116,250 shares to 4.61%

IF BTC behaves in the same way it did in previous cycles we should hit $18.8k -$19.2k over the next few days , at this point there's a very big chance of a pull back . support @ $17.55k ,light support @$17.3K very strong support @$15.8k then $15.1k .
you can very much make the argument that this time with more institutional and billionaire money the pull backs wont be as aggressive as previous cycles , but if we do get the 25-30% draw downs consider them a buying opportunity . DYOR

watch this guy , he's brilliant .https://youtu.be/vjbpBTwaflM

as i've said before on fundamentals alone ARB below 25p is very cheap , 32p is a more realistic current price .

you can make your own price forecasts by doing some basic maths . BTC @$18000 ARB currently mining circa 125 BTC per month at a margin of 40% . you can then work out the profit @ $55k BTC, $140K BTC or even $300k BTC . but the cherry on the cake is ARB will be producing many more BTC from march 2021 . so potential profits could be significantly more .

ARB IS tracking BTC near perfectly on the one day chart , we cant expect it to tack perfectly on any smaller time frame due to several factors , market spread / small market cap . keep the faith and forget the inter day noise . https://www.tradingview.com/x/cTcLZym7/

with the greatest respect guys don't worry what the price is in December 2020 its just noise , mid -late sept 2021 is when it counts .
If we were been priced realistically even at current $16k BTC a current 125 mined a month annual profit is in the £11m region so a market cap of £100m+ would be far more accurate than the current £24m so imo 32p is what ARB should be trading on today and those aren't even tec/growth stock valuations .

AS a small cap ARB gets next to no press attention , in fact i'll wager very few fund managers are even aware of the company ,so the pool of potential investors at this time is small . just wait until BTC go's through $20k sometime in the next 3 months and people start desperately trying to get on the band wagon . 8p is ridiculously cheap so buy a core position then buy the inevitable dips on BTC pullbacks , by my rather basic calculations with BTC @$16k we trade on a P/E of circa 3 so even @25p the shares wouldn't be expensive imo, I hold 1m @ave price 4.8p tempted to buy more as I can see where ARB could go but that's my core holding for now . come late September 2021 I wouldn't be surprised to see the shares £2+ but there's much that can change in 10months . patience will be rewarded .