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These Top Bitcoin Mining Stocks Exploded, as Predicted

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behindthemarkets.com

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newsletter@lg.behindthemarkets.com

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Sat, Apr 27, 2024 01:02 PM

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Upcoming event is the catalyst Upcoming event is the catalyst

Upcoming event is the catalyst Upcoming event is the catalyst                                                                                                      [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, “Keep an eye on Bitcoin mining stocks,” we said on April 19. “Historically, most push higher prior to and after Bitcoin halving events. Look at Marathon Digital (MARA), for example. With the May 11, 2020 halving, MARA ran to 72 cents ahead of time. From there, it ran to $44.35. With the 2016 halving event on July 9, MARA traded at $30.77 ahead of it. Heading into the halving, it was up to $45. After, it would hit $48.48 a share. With the 2012 event on Nov. 12, MARA traded at about $104 and would drop to a low of about $38.48. It would recover to a high of $116 by late 2014, though,” we added. As hoped, all of the major Bitcoin mining stocks popped. --------------------------------------------------------------- Company: Marathon Digital (SYM: MARA) Since April 19, MARA ran from a low of about $15.10 to a recent high of $19.48. Not a bad return for a week, but it could push aggressively higher, as it has historically. In fact, from $19.48, we’d like to see it closer to $24 again shortly. --------------------------------------------------------------- Sponsored[The Next Nvidia?]( [breaking news]( Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about. [Go here now for this breaking story.]( --------------------------------------------------------------- Company: Riot Platforms (SYM: RIOT) Riot Platforms (RIOT) ran from about $8.50 to a high of $12.44 since Monday, too. While it’s stuck at double-top resistance, it could race to $18 again once it does break free. --------------------------------------------------------------- Sponsored[NEW! The Market's Biggest Movers]( As investors, we all know the horror stories of trading on emotion and chasing "gut feelings." The alternative? Data. And lots of it. Technical analysis is one of the most powerful skills a trader can develop. But it requires a ton of time and effort - testing and analysis. It's a full-time job. Now a service is here that can give you with all that power with any drain on your time. Introducing Chart +100 MAX. It's as easy as opening your email. [Click HERE to get all the details on Chart +100 MAX.]( --------------------------------------------------------------- Company: Hut 8 Mining (SYM: HUT) Even Hut 8 Mining (HUT) ran from $7.80 to a high of $9.81. Now at $8.86, we believe this one could retest its prior high of $12 shortly. Even better, according to Forbes.com, “In January 2014, bitcoin was worth approximately $800. By January 2024, it was worth more than $42,000. That represents a price increase of better than 5,150% and an annualized return of more than 135% per year over the past decade. If bitcoin experiences that same rate of appreciation in its average annual returns, it will reach $98,700 in January 2025 and hit $100,000 in February of that same year.” Unfortunately, prior events aren’t always solid predictors of the future. But let’s hope it’s true. Because if it is, mining stocks would explode along with Bitcoin. --------------------------------------------------------------- Sponsored [The Gold Grab of the Century]( Download your FREE Retirement Protection Kit and learn the shocking reason why billionaires are loading up on gold, why Central Banks are buying gold at record rates, a gold investment strategy to "hack" the system and grow your wealth faster, the smart and safe way to invest in gold before the coming bull-run and more... [Get Your FREE Retirement Protection Kit Now!]( --------------------------------------------------------------- [Free trades! Delivered Right to Your Inbox]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades]( Do you invest in any cryptocurrencies or crypto-mining stocks? Are there any you have your eye on that we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â

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