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Re: station1111 post# 4371

Saturday, 03/27/2021 7:44:16 AM

Saturday, March 27, 2021 7:44:16 AM

Post# of 5849
Let's see how BTC behaves in April. Usually a good time for it. The options market on BTC has changed how it behaves though. Big players can load up on certain options and then buy or sell some BTC coins to move the market a few thousand dollars and then sell the options. These players are going to determine how high BTC and even Riot goes. Riot is holding back again so I think if Bitcoin surges up and over $62K, Riot will move up quickly.

But Riot is ramping up its production month by month as well. By the end of this year, 4 times more so that has to have an effect on the SP. And if the predictions of $100K Bitcoin by then, Riot should be much much higher. I am still holding, riding the swings. GLA
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