MGTI - 5200 Bitcoin miners Q1 2018. Price is breaking out
تم تحديثه
Finally! I like the current slow by steady growth MGTI is seeing this week. Much better than the insane 6x volume days on no news that we saw Blackfriday.
MGTI announced yesterday an additional 500 mining rigs for Q1 2018 bringing to total up to 5200 by end of Q1 2018.
Monthly revenue estimated to be
4M-5M per month at 
14K BTC - holy smokes, this sucker could very well surpass $20 in 2018.
Needs to break past the $2.80 resistance level first. If we break that, it should be smooth up to around $3.20 (next level) and if we break that expect to see 4.26 and even $5-6 if we hit new ATHs.
MGTI announced yesterday an additional 500 mining rigs for Q1 2018 bringing to total up to 5200 by end of Q1 2018.
Monthly revenue estimated to be
4M-5M per month at 14K BTC - holy smokes, this sucker could very well surpass $20 in 2018.Needs to break past the $2.80 resistance level first. If we break that, it should be smooth up to around $3.20 (next level) and if we break that expect to see 4.26 and even $5-6 if we hit new ATHs.
ملاحظة
Broke through the $2.80-2.85 resistance level firmly this morning. This is now acting as the support.Next resistance level is around $3.20
(Sorry, ignore where I have the price labels and just look at the Fib levels)
ملاحظة
Sitting at $4.00 currently with a high for the day of $4.17 :)Up $1.50 or so since chart :)
Today's volume is at 4.3 million by 11:17 Eastern. Avg 90 day vol is 1.6M -- People are finally starting to wake up to MGTI!
2018 Target upgraded to $20-30
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