Revisiting Crypto Stocks

Louis Sykes
November 10, 2021

We've made our thoughts clear that if Bitcoin is above 65,000, and the signs of on-chain buying pressure remain intact, upward volatility expansion through price discovery toward 85,000 remains the most probable outcome.

The beneficiaries of such a move would be widespread - down the cap scale of altcoins, and even in the individual stocks that are making crypto an increasing part of their operations.

So let's revisit how we're approaching the stocks in the crypto space, and identify the levels we're watching to manage risk and to take profits along the way.

 

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