this is another heatmap visualization that shows the relative strength score of bitcoin miners vs $SPY in the past 6 months, 3 months, 1 month and 1 week. $CLSK is clearly leading in this sector, while $MARA and $BITF follow next. Looks like $WULF is catching up as well

$COIN - wyckoff accumulation pattern, holding $160+ level, if $BTC runs again it will blast through $200 quickly. $COIN will be benefited more in this bull run by the Binance US shutdown + they are the custodian of most of the Bitcoin ETFs - $COIN is a must have asset in my

$COIN / $BTC ratio - if $BTC hits $100,000 and this ratio reaches 0.005 (a major resistance level), the implied price of $COIN will be $500

$COIN / $BNB ratio - $COIN will likely outrun $BNB in this cycle as it got legitimized. If $BNB reaches its previous ATH of $660, and this ratio hits 0.7, the implied price of $COIN will be $465 - not far away from the $500 target implied by the $COIN / $BTC ratio

Looking into Relative Strength of US Sectors vs $SPY, obviously semiconductors ($SOXX $SOXL) and tech ($QQQ $XLK) are leading. However, is worth to pay attention to defensive sectors like health care ($XLV) and consumer staples ($XLP), as they are gaining strength while tech

another visualization similar to last tweet - relative strength heatmap of US sectors ETF vs $SPY, semiconductors ($SOXX $SOXL) remain strong thanks to $NVDA, but tech ($QQQ $XLK) is weakening

this is a relative strength chart showing the relative strength of bitcoin miners vs $SPY - two key insights: (1) $CLSK, $BITF, $MARA has been leading the rally during the $BTC bull run from last Oct, so they will likely lead this run for a while longer (2) if you look at the

Nice to see $15 $HOOD

All miners go up big today, lets see if $BTC has a real breakout today, that will do wonders for miners

last week's miners performance is quite disappointing, one hypothesis is as Bitcoin ETFs are now widely available, institutions are no longer required to buy bitcoin proxies (like miners, $MSTR, etc). This also shows the importance of not putting all eggs into one basket

#miners #bitcoin $BKCH $BLOK $WGMI Bitcoin, Miners and Blockchain related ETFs continue to show the strongest relative strength versus other thematic ETFs

$CLSK continues to show the strongest relative strength across miners, while other miners are losing momentum vs $CLSK - therefore I've consolidated my $MARA position early last week (weak after ER + dilution news) into $CLSK as my core position. Once $BTC blasts through ATH,

across US sector ETFs - the strength of semiconductors is unmatched...crazy $SOXX $SOXL

while stock market and crypto market are cruising towards another ATH and everyone is saying they will TP their crypto gains in 2025, i do feel like the clock is ticking, some threats upcoming: - 10y-2y yield curve (from the snapshot) forming a double bottom and uninverting -

i analyze a lot of other asset classes but i keep mentioning miners just because they are the strongest sector so far...holding the strongest relative strength assets is so so important to financial success i will cover more and more sectors and asset classes when the time is

Across all miners, $CLSK $CIFR $WULF have the best looking charts right now, looks like they will outperform in the next 1-2 months

It looks like it was a good decision two weeks ago to sell all of my $MARA stacks and buy $CLSK instead Now our core miners positions are $CLSK $WULF $CIFR $BTBT