Three major Bitcoin mining stocks are catching attention as year-end approaches. CleanSpark, Riot Platforms, and Marathon Digital - these miners have been showing interesting chart patterns lately. The technical setup suggests potential momentum building, but is the famed Santa Rally actually on the horizon for these names?
Looking at the price action across all three, there's a mix of consolidation and breakout attempts. Support levels are being tested while resistance zones remain stubborn. The question traders are asking: will December bring that seasonal push, or are we in for more sideways grinding? Volume patterns tell part of the story, but the real test comes with Bitcoin's own trajectory influencing these mining plays.
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zkProofGremlin
· 12h ago
Mining stocks have started to hype the Christmas rally, is it true or not?
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Wait, will there really be a Santa rally or is it just wishful thinking?
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If cleanspak can't break the resistance level this time, it's over; it's so frustrating every day.
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To be frank, it's still all about BTC's performance; mining stocks are just followers.
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Once the support level breaks, I will go all in on a short order; don't talk to me about consolidating the bottom.
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December relies entirely on this wave; otherwise, I'll really be holding on to something moldy.
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With such a dismal volume, what are they still bragging about in terms of momentum? It's just playing people for suckers.
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BridgeJumper
· 12h ago
Again, these three miners are still lingering at the end of the year... I'm tired of this Santa Rally meme, can we just rise directly?
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LonelyAnchorman
· 12h ago
Alright, I'm watching all three of these, but to be honest, it's just a gamble on whether Bitcoin can break through, and the Mining Rig stocks are just dancing along.
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Santa Rally? That's a joke, usually it's just dumping, don't be too optimistic.
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Support being tested repeatedly means there's no strength, where's the momentum coming from? Let's wait and see.
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The volume isn't good, just looking at the charts isn't useful, we also need to see if the coin price is strong enough.
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Cleansparkibr has the worst chart, the other two are okay, but overall it's just the retail investors catching a falling knife.
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TopBuyerBottomSeller
· 12h ago
Buying the top and selling the bottom is my specialty. Can these three mining stocks buy the dip?
Three major Bitcoin mining stocks are catching attention as year-end approaches. CleanSpark, Riot Platforms, and Marathon Digital - these miners have been showing interesting chart patterns lately. The technical setup suggests potential momentum building, but is the famed Santa Rally actually on the horizon for these names?
Looking at the price action across all three, there's a mix of consolidation and breakout attempts. Support levels are being tested while resistance zones remain stubborn. The question traders are asking: will December bring that seasonal push, or are we in for more sideways grinding? Volume patterns tell part of the story, but the real test comes with Bitcoin's own trajectory influencing these mining plays.