Riot Platforms Inc (RIOT)

[WhichWayToday]

So true ! In the end though will it be far too expensive to mine any Bitcoin ? Only the float will be available, hence the price should sky rocket. Minimal supply and those holding will need to sell carefully in small amounts or crash the price. But then they do that anyway to manipulate the other markets don't they. Little guy always gets the dirty end of the stick.

[$Green$]

Miners MUST upgrade or die, since the halving. Actually funny that it was predicted many years ago, that decentralization wouldn’t last, and in the end a few behemoths will be the only ones able to mine profitably, and therefore, the Bitcoin network would be owned by them instead

[Candlestick_Ninja]

Get ready for a bullish rally with RIOT Blockchain ($RIOT) and Bitcoin ($BTC) on May 7th, 2024! Bitcoin is expected to surge to $73-$75k in the short run, followed by a potential correction towards $35-$45k. Meanwhile, RIOT's target is set at $14 within 1 to 2 weeks. Don't miss out on this opportunity! #RIOT #Bitcoin #BullRun #Cryptocurrency #TechnicalAnalysis #TA #TradingStrategy #BTC #RIOTBlockchain #Bullish #StockAnalysis #MarketInsights

Disclaimer:

For informational purposes only. Not financial advice. Trade at your own

risk.

[WhichWayToday]

The numbers tell it all. Riot went backwards it seems in the last year betting the farm on future mining efficiency. Having to replace not so good miners doesn't help but SP can recover over the year if there projection come true. All depends on BTC price too.

[Diogenes of Sinope]

Riot Announces April 2024 Production and Operations Updates

https://ih.advfn.com/stock-market/NASDAQ/riot-platforms-RIOT/stock-news/93782351/riot-announces-april-2024-production-and-operation

[Lokotony]

MARA up 15% right now......so wish I'd have cashed out Riot and moved it over.....BUT, at least grabbed $1500 worth last week during the lull!

[WhichWayToday]

Will Mara be run up first ? Profits from that get pumped into Riot down the road ? Two for one trade that way but Riot has to get the thumb out.

[Lokotony]

ALWAYS sucks when we have weekend runups and realize none of that BTC gain bc BTC starts to drop immediately after 8 on Monday mornings. So, RIOT at a certain amount on Friday afternoon, with btc at 60, then Monday mornin with BTC up 3-4K, but starting to go down, we get nothing or RED.

[Lokotony]

I sure hope so. I'm not holding this time. Made it to almost 100% and back to even. This one, as compared to Mara and Bito is used for hedge spending money, so doesn't matter how well they do or BTC.

[WhichWayToday]

Sure looks like it is churned to keep the price down. This might be insiders and promoters loading up on options so the price needs to be stable for a while. Once loaded up, the gate opens. Then the wait for BTC to rock and roll.

[The GidDy uP Kid]

BTC new hod... RIOT should creep back uP here…

[Lokotony]

BS, this is being held......but never held from dropping!

[koolmc]

11"s :) let's start a riot

[koolmc]

boing bouncing along with market and btc

[bwrbad]

case of wardrobe malfunction

[bwrbad]

when CC

[Diogenes of Sinope]

Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights

https://ih.advfn.com/stock-market/NASDAQ/riot-platforms-RIOT/stock-news/93759704/riot-platforms-reports-first-quarter-2024-financia

[Monksdream]

RIOT 10Q due 5/1 per Seeking Alpha
Next day settlement begins 5/28

[koolmc]

another trading opp coming.

[WhichWayToday]

Bitcoin looks weak. Might see a big correction soon. Repeat of history like 2021 into 2022. Big drop followed by huge rise over 9 months. But the rebound could be into the $100k. I'm looking long term. GLA

[$Green$]

2 more days till earnings…

[Candlestick_Ninja]

(I'm bearish on every timeframe but the very short and I'm out of BTC for the time being, thus I am not bullish or bearish, this is a non biased view of what I think will happen)...

Potential short-term bullish diamonds may provide temporary support, potentially thrusting BTC up amidst earnings season in the tech sector, targeting $66-$70k. Whether we bounce from here or see an ABC zigzag correction, or break lower first below $57k, my Elliott Wave ABC correction view stands.

https://www.tradingview.com/chart/BTCUSD/8397YYDd-Rally-before-our-actual-ABC-Correction-on-higher-timeframes/

#BTC #Bitcoin #Crypto #TechnicalAnalysis #ElliottWave #TradingView

[Nikodemos]

Holding UP nicely from last week. BUILD that $12 base...

A test of $13 by next week appears likely...


CHURN baby CHURN!!


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[WhichWayToday]

Very large amount of Bitcoin options expire today. This would explain why the price is bouncing around in this area, Big players will want to win big. Might just see a big jump on the weekend and it might stay that way. GLA

[Lokotony]

Watch BTC take off over the weekend and pull back Monday morning.......

[skydog526]

Twelve is a big wall.

[koolmc]

in the 12's again :) the dip in the beginning yesterday was with the overall market

[WhichWayToday]

Correction time. Post halving jitters ? Gotta look long term with BTC. History shows the cycle. GLA

[ShortyBusted]

btc looks good.. riot ok..

[WhichWayToday]

Look at the volume today so far. Over 42 million. More than Mara. Looks like big buys are supporting this above yesterday's closing price. Very good sign IMO. Nearly all other miners are down.

[koolmc]

Yep agreed been trading nicely past few days even with btc down

[WhichWayToday]

Might be a delay as Bitcoin is currently dumping. Lots of sellers all of sudden. It's the way it is. Riot holding so far and even had a nice rise this morning when Bitcoin was actually down from yesterday anyway. Good sign for the future. Buy any dips and hold IMO.

[retireat40]

Like to see 13 this week.

[skydog526]

Right on brother! 💥👍

[Nikodemos]

AS PREDICTED: The $12 got tested, the stock retraced & is now re-testing!


Looking REAL SOLID (so far)... UP 7% on 2-3x normal LT volume!


Leeeet's goooo.....


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[Nikodemos]

THERE SHE GOES BOOO-YAH: SLINGSHOT UP HIGHER!!

Sorry to those who got DUPED into selling....Always been a fan of taking profits BUT, ...

As I said yesterday early morning (at ~10% UP from Friday)...

The VOLUME was UP 3-5x normal (by any time period) AND ENDED GREEN ~30% for the day!!


NOW, it looks like we're ADDING ANOTHER 7-10% ATM....


Just trading BEAUTIFULLY.... Breakout-move like a ROCKET!!


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PS: Those FOLLOWING: Check out my predicted price targets! One is coming up right here...@ ~$12

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[WhichWayToday]

Volume not far off Mara now instead of 3 times lower ! It looks alive again. As more good news come along, like getting some of those less efficient miners sorted out and Bitcoin continues to rise, then away we go again. Should be great if we get BTC back to ATH. Anything above should be really good ;) GLA

[Nikodemos]

Yes SIR!! BOOO-YAH!! UP ~30% TODAY

And ~50% from Friday!

MAKIN' DAT M-O-N-E-Y!!!


UP BIGGLY -- & on 3-5x normal trading volume!!

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[koolmc]

Nice:) riding the rest jic it pulls a similar move like last two times:)

[Diogenes of Sinope]

Nice to see you here Niko.

Sub $10 buys have always been rewarding.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173812882

RIOT has always been like this;

RIOT—GLTU/A!

[$Green$]

Sell

[Nikodemos]

Let's goooo! This has been trading in a VERY PROFITABLE & PREDICTABLE range over the past year!

Let's see if we get a test of that $16 to $18 range, before we re-test lower... Will re-evaluate at ~$11.40 & watch those Moving Averages (~$12's, where I may have to release if I don't see what I want) but my initial thought was a test of $14 if conditions are right... Either way, grabbed some $8's & $9's Friday & SUPER GLAD I did!!


Leeeeet's goooo.....




FD: In on the chart mostly & positive Bitcoin sentiment. Everyone to do as their RISK TOLERANCE, financial goals, investment timelines & objectives dictate... This is -- as usual -- just a TRADE!! Everyone should do as THEIR investment dollars, goal & investment objectives dictate!

PSS: I NEVER tell anyone what to do with THEIR money! I write to track MY OWN investment thesis, & memorialize price points, etc.. GLA (short or long, IDK)


PSSS: Investment perspective can change at a MOMENTS NOTICE as investors/traders adapt to everyday market inputs.

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NOTE: Chart gap up (2nd) & up over 10% already this morning!


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[koolmc]

much better to play the small caps/big boards btc/crypto and etf plays instead of otc crypto's cause they are doing f all.

[koolmc]

yep nice bounce back here

[Diogenes of Sinope]

RIOT

Nice recovery off of the recent sub $8 area.

GLTA!

[Candlestick_Ninja]

#CandlestickNinja April 21st 2024 Bitcoin BTCUSD Short Term Bullish Analysis Update - Fleeting headwinds that will most likely be overcome for a 68k break by Monday Morning!



Yesterday's cup and handle formation, which retraced to .382 from the recent run-up, has now evolved into a short-term triple top.



To see a bullish move towards $68-$69k and eventually $74k, we need to break the psychological resistance at 65k by morning.



For educational and informational purposes only, not financial advice.

#BitcoinAnalysis, #BTCUSD, #CupAndHandle, #TripleTop, #TechnicalAnalysis, #MarketUpdate, #Cryptocurrency, #TradingStrategies

[The GidDy uP Kid]

“Over the course of a year, these power and curtailment credits begin to add up. Last year, Riot generated more than $71 million just from scaling back its operations, equivalent to 2,480 Bitcoins based on the average price for Bitcoin during 2023.”

[The GidDy uP Kid]

https://www.fool.com/investing/2024/02/19/better-bitcoin-mining-stock-riot-or-marathon/

[The GidDy uP Kid]

$9.37…

[The GidDy uP Kid]

RIOT $9.25… new hod after hours…