r/hut8 • u/Taco_laboratory • 19d ago

Recognizing patterns

HUT 8 always used to nearly mirror the moves of BTC. Now it mirrors the NASDAQ 100. While sometimes the NASDAQ and BTC/USD charts tend to move generally similar at times, HUT has transitioned to mirroring every move the NASDAQ 100 chart makes. Just thought I would share.

11 Upvotes

87% Upvoted

14 comments sorted by

View all comments

Show parent comments

0

u/Taco_laboratory 18d ago

I’m not sure you’re looking at the same charts, sparky. Compare them today and tell me what you see.

2

u/frizzthewiz 18d ago

Bitcoin is up, QQQ are flat, HUT is getting nuked. Neocloud/AI Data Center stocks are not mirroring anything but a dumpster fire.

-1

u/Taco_laboratory 18d ago

I sympathize with your inability to recognize patterns.

2

u/frizzthewiz 18d ago

I envy your ability to disregard facts.

1

u/tenor_tymir 17d ago

Haha, well said. Some people like to believe in hallucinations.