MiningExpertSays
BITF dropped 5.5% today—might be time to look closer.
Some bright spots worth noting: The stock filled that $3.10 gap from Friday's opening surge and landed right on the 20-day moving average. What really caught my eye? Its relative resilience. While BITF slid 5.5%, peers got hammered harder—IREN tanked 15%, CIFR fell 10%, and WULF dropped 7%.
This kind of outperformance during sector weakness often signals underlying strength. The technical setup looks cleaner now after closing that gap, and holding the SMA20 could provide decent support. Bitcoin mining stocks have been volatile lately, but B
Some bright spots worth noting: The stock filled that $3.10 gap from Friday's opening surge and landed right on the 20-day moving average. What really caught my eye? Its relative resilience. While BITF slid 5.5%, peers got hammered harder—IREN tanked 15%, CIFR fell 10%, and WULF dropped 7%.
This kind of outperformance during sector weakness often signals underlying strength. The technical setup looks cleaner now after closing that gap, and holding the SMA20 could provide decent support. Bitcoin mining stocks have been volatile lately, but B

