With just a few weeks remaining to acquire quality assets at reduced prices, it's crucial to note that Bitcoin miner capitulation usually occurs 3-6 months after a halving event, placing this window between July and September this year.
Riot Platforms, one of the world's largest Bitcoin miners, is significantly expanding their operations. They're deploying 33,000 new mining rigs by the end of July and an additional 60,000 rigs later in the year. This move will double their mining capacity with highly efficient equipment right at the end of the capitulation cycle.
Their timing is impeccable, isn't it? 😉
Anticipating a Breakout: Structural Similarities and Liquidity Boost from $ETH ETF
Is it just me, or does the structure on the right appear to be a larger version of the one on the left?
A breakdown in $TOTAL3 might precede an explosive move to the upside.
Could the $ETH ETF provide the liquidity injection we’re all anticipating?
