$BitMine Immersion Tech(BMNR.US)

This is a follow up of my previous post where I am calling for a bottom of BMNR at these levels. The price actions of the ticker has increased the probability of a bottom being in and I lay out my thesis below.

The charts necessitate knowledge of Elliot waves and fundamentals.

Barring supports breaking, BMNR has a high probability of asymmetric upside from here especially if ETH goes parabolic and the overall technicals strongly suggest this with a possible liquidity surge from pent up TGA outflow from the recent government shutdown as well as a possible dovish pivot from tonight’s job report. The price reaction from tonight’s report will reinforce the thesis of a blow off ahead into the year end favouring risk assets.

@Bridge Buzz SG @Longbridge Singapore