Riot Platforms, Inc.
Long

Riot vs. M2 Supply: An Explosive Prelude?

656
RIOT
The money supply M2 has always been the primary market driver for RIOT, just as it has been for BTC. Every dip in the total M2 supply has corresponded with a bottom for RIOT as well. Will it be the same in the coming months? M2 is at an all-time high, but RIOT seems (like the rest of the crypto sector) to be decoupled in these initial phases. I expect the correlation to regain strength as M2 continues its ascent.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.